Nareshv and Associates

Professional Tax Registration

Expert assistance at your fingertips

Steps

1. Fill out the Form

Filling out the form is quick and easy and will provide you with numerous benefits in the long run. By this, you will be able to get consultation from our nareshv & associates CA/CS and will be able to get Guidance. So, why wait? Take the first step towards a bright future for your business and fill out the form today.

2. List of Documents Required

List of documents required for Professional Tax Registration.

Certificate of incorporation, including MOA and AOA/LLP agreement
PAN card of company/LLP attested by the company director
Proof of office location with NOC from the owner of the premises
Proof of company bank account with bank statement and a cancelled cheque
Passport size photograph, address and identity proof from all the directors
Board resolution/ statement of consent by the partners
Shop and establishment certificate
Salary register and attendance register.

3. Registration Procedure

Following Is The Step By Step Process Of Professional Tax Registration:

Step-1:
    PAN card, address, and identity proof of all the directors/partners/proprietors of the company must be provided.

Step-2:
    All the employee details must also be furnished.

Step-3:
    The application form for professional tax must be filled by the employees.

Step-4:
    Our experts will submit it to the concerned authorities

Step-5:
    The basic acknowledgement will be provided by us within 5 to 7 working days.

Step-6:
    The registration hard copy will be issued within 10 days in all the major cities.

Step-7:
    In other places, it might take up to 15 to 20 working days

4. Advantages

Here are the reasons why one should never miss a professional tax payment:

Judicial requirement
Avoid paying penalties
Easy to comply
Deductions
State government tax

5. Importance of Professional Tax Registration

Professional tax registration is important because it is a mandatory registration for employers and professionals in India who earn a salary or income from their profession. The tax collected is used by the state government to fund various development projects and initiatives. Registering for professional tax helps employers and professionals comply with legal requirements and avoid penalties for non-compliance. It also helps in building a good reputation for the business or individual.

6. Benefits of Professional Tax Registration

Professional tax registration helps employers and professionals comply with legal requirements, avoid penalties for non-compliance, and build a good reputation. Additionally, the tax collected is used by state governments to fund various development projects and initiatives.

Professional Tax Registration

What is Professional Tax Registration?

Professional Tax is a tax imposed by the State Government on all salaried workers including employees, professionals, and trades in India. Professional Tax Registration Online in India Online is a compulsory registration process for all the employees employed in a company. It is essential for every business or entity within 1 month after its registration or commencement of business with the help of Tax Consultants in India.

Frequently Asked Questions

1. What is the registration certificate that is recieved by self-employed persons?

When an employer salary does not deduct with professional tax then that particular individual should obtain a registration certificate from the concerned authority.

2. Who is responsible to collect and deposit the professional tax to the government?

Responsibility to pay the professional tax varies such as for a salaried employed person, it is his employer’s responsibility and for a self-employed person, it is his own responsibility.

3. Is there any possibility to make a lump amount for professional tax liability?

In a few states, such as in Maharashtra, the government has initiated the composition scheme in which if any individual liable to pay Rs. 2500 as professional tax, he/she can pay even Rs. 10000 to the government as it will be discharged for professional tax liability for the next five years.

4. Is professional tax registration mandatory?

Employers in some states are required to deduct and deposit taxes from employees whose pay exceeds the minimum slab limit. That entity must get a registration certificate as well as an enrollment certificate

5. How many days it takes to get PRC and Professional Tax Certificate?

Normally it takes 3 days after the submission of application for registration of professional tax.