Professional Tax is a tax levied by the State government. Professional tax is levied on income by way of profession, trade or employment. Professional tax is paid by the employer. The Constitution empowers the levy of Profession Tax subject to a maximum of Rs.2500/- p.a. Tax payers will be able to claim professional tax in their IT return as Professional tax is 100% rebatable against Income Tax dues.
PROFESSIONAL TAX REGISTRATION
WHO IS REQUIRED TO REGISTER?
Every person carrying on Profession or trade and employing staff is required to register with the State professional tax authority. Employer’s responsibility would also include deducting professional tax from the employee’s salary and remitting it to the government along with filing timely Professional tax returns.
Are you here wondering if you should register for professional tax? Well, do you own a business which employs professionals in a private set up? Then you most definitely need to get a professional tax consultant in Chennai who can register your company.
Each and every employee needs to pay up a fixed amount as professional tax and the amount depends on the salary of the employee. Though it is payable by the employee it is you the employer who needs to ensure and deduct the PT from their salaries and pay it to the government.
You need to opt for Professional tax registration in Chennai within 30 days of hiring the staff for your business or company. Failure to do so means you need to pay a penalty of Rs. 5 per day. So whether you are late or are looking to register for a new company our consultants at kanakkupillai are at your service to ensure you a hassle free registration process.
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praveenatax.com is web portal of Govche India Private Limited with operations since 2010. praveenatax.com is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals company headquartered in Chennai, India. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe
FREE CONSULTATION
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INCOME TAX
We will provide income tax return preparation, Revised return, Responding to Department notices and solving other Income Tax related issues.
BUSINESS LICENSES
Our Professionals Will help you in getting your business licensesand Business
licenses necessary for smooth running of businesses.
FINANCIAL SERVICES
we will Provide Funds for both personal and Business. Our funding system gives a credit line facility, enabling you to expand your business to new heights.
GST RETURNS
We will make your business to GST Compliance. Returns are required to be filed digitally online through a common portal to be provided by GSTN.
WHAT ARE THE DOCUMENTS REQUIRED FOR PROFESSIONAL TAX REGISTRATION?
- Proof of place business of the organisation
- PAN and Residence Proof of Partners / Directors
- Constitution proof of the business in case of Firm / Company
- Bank Statement / Cancelled Cheque of the business
- GST Registration Certificate
WHAT INCLUDES IN THIS PACKAGE?
- Verification of Documents
- Filing the Application for ESI/PF Registration
- Dealing with Respective Authorities
- Following until Certificate is allotted