Professional Tax (PTEC / PTRC)

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Professional Tax – Certificate of enrollment – (PTEC)

Every person including LLP but excluding firms (but including each partner) and Hindu Undivided family (but including each major coparcener), GST Registered Entities engaged in any business or profession shall be liable to pay to the Maharashtra State Government a professional Tax ranging mostly Rs 2500 per year:

Provided also that, a person who is liable to pay tax has remained un-enrolled; then, his liability to pay tax under this section for the periods for which he has remained so un-enrolled shall not exceed:

  • 4 years, in case where PTEC is granted on or after the 1st April 2017,
  • 8 years, in any other case

Professional Tax –Certificate of Registration – (PTRC)

Every employer shall obtain a certificate of registration from the prescribed authority in the prescribed manner.

Every employer or person required to obtain a certificate of registration or enrolment shall, within thirty days of his becoming liable to pay tax

Where an employer, liable to registration has failed to apply for such certificate within the required time, the prescribed authority may, after giving him a reasonable opportunity of being heard, impose penalty of rupees five for each day of delay in case of such employer.

Tax Baniya will help you in all your requirements regarding the registration & Enrollment of Professional Tax and other formalities. Our Business advisors will give solutions to all your queries regarding Professional Tax and help you to take your decisions easily.

Tax Baniya started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly.

Tax Baniya is leading Company / Business Registration Service Provider and acts as a Consultant in Mumbai, Navi Mumbai, Thane, Palghar 

Rate of Professional Tax will be as follows:

For MEN

  • Gross Salary upto Rs. 7,500 : NIL
  • Gross Salary From Rs. 7,501 to Rs. 10,000 : Rs. 175 per month
  • Gross Salary above Rs. 10,000 : Rs. 200 per month (& For Feb: Rs. 300)

Rate of Professional Tax will be as follows:

For WOMEN

  • Gross Salary upto Rs. 25,000 : NIL
  • Gross Salary above Rs. 25,000 :   Rs. 200 per month (& For Feb: Rs. 300)

Simple Pricing With Deliverables

Professional Tax - Certificate of Enrollment

(PTEC)
₹1,500
  •  

Professional Tax –Certificate of Registration

(PTRC)
₹2,500
  •  

PTRC Retrun

For Salary Less Rs. 1,00,000 in a year
₹5,000Per Year
  •  

PTRC Retrun

For Salary More Rs. 1,00,000 in a year
₹750Per Month
  •  

PTRC Retrun

For Newly Registered Firm in First Year
₹750Per Month
  •  

Documents & Information Required

For PTEC / PTRC

  • PAN and Aadhar of Partner / Director/ Proprietor
  • Mobile Number and Email Id of Partner / Director/ Proprietor
  • Business PAN
  • Business Email and Mobile No
  • Authorized signatory photo and sign
  • Office Address - Latest Electricity Bill
  • Cancelled Cheque in Business name
  • Date Of Commencement Of Business
  • CoI/MOA/AOA or LLP Agreement or Partnership Deed as applicable
  • Main Business Activity Of Enterprise
  • Number Of Employees - Male And Female and slab wise salary as above
  • Authorized signatory photo and sign

F.A.Qs

on PT / PTEC / PTRC

PTRC is known as the Professional Tax Registration Certificate.  Government or Non- Government employer deducts the tax from the employee’s wages and deposit the same to the government. 

PTEC is known as the Professional Tax Enrollment Certificate.  This is paid by the business entity, owner, or a professional i.e. Private/ Public Limited Company, Sole Proprietor, Director Etc.  

Yes In Maharashtra PT Registration is Compulsory

Professional tax (PT) can be defined as a tax that is levied by a state government on all individuals who earn a living through any medium. This must not be confused with the definition of other professionals such as doctors or lawyers. This is a type of tax that needs to be paid by each and every individual earning income.