Legal Provisions Of PT
How VG Expert Can Help You?
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Obtaining ESI Registration
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Assistance in ESI Payment
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Computation of ESI
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Payroll Management
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Filing of ESI Returns
Process Of Professional Tax Registration
You need to submit requisite documents with the VG Expert team. Our team of professional will vet the documents and intimate the deficiencies, if any.
Our team will submit the application for registration with the concerned department of the state where registration is required. Different states have prescribed different procedure of registration.
After satisfaction, the final registration certificate is issued by the concerned authorities.
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Who should get this registration?
- Employers who need to deduct professional tax from the employees’ salaries and deposit them with the government. Employers ranging from corporates to individuals carrying on trade/profession. Freelance business persons without any employees (subject to monetary threshold provided by states
Why should you get this registration?
- Failure to obtain professional tax registration could result in fines and penalties that accrue over time. The quantum of penalty varies from state to state.
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Documents/ Details required for Personal Tax Registration
Certificate of Incorporation
Certificate of Incorporation, MoA and AoA in case of the company.
LLP Agreement
LLP Agreement in case of LLP.
Employees Pan Card
Copy of PAN Card of Employee.
Proof of Premises
Proof of Premises of the Company and NOC from the owner if it is not owned.
Details of Bank Account
Details of Bank Account of Company, Cancelled Cheque, and Bank Statement.
Director Details
List of Directors, Passport size photographs of all Directors, and their ID and Address Proof.
Copy of Board Resolution
Copy of Board Resolution or Consent Statement of partners.
Details of Employees
Details of Employees.
Attendance Register & Salary Register
Attendance Register & Salary Register.
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Frequently Asked Questions
Get answers to common questions on PT Registration
Who is exempt from paying Professional tax?
- Parents of children with permanent disability or mental disability.
- Members of the forces as defined in Army Act, 1950, Air Force Act, 1950 and the Navy Act, 1957 including members of auxiliary forces or reservists, serving in the state.
- Badli workers in the textile industry.
- Individuals suffering from a permanent physical disability (including blindness).
- Women exclusively engaged as agents under the Mahila Pradhan Bachal Yojana or Director of small savings.
- Parents or guardians of individuals suffering from mental disability.
- Individuals above 65 years of age.
Does Physical Presence is required for Professional Tax registration?
The procedure of registration varies from state to state. Some states have an online procedure and some have off-line.
What is the rate of Professional Tax?
Professional tax being levied by the State Government. Every state has its own laws and regulations to govern professional tax of that particular state. Thus, the rate varies from state to state. Generally, the state follows slab-based taxation.
How employees can claim deduction of Professional Tax?
Professional tax is allowed as a deduction from the salary income. The maximum amount of professional tax that can be levied by a state is INR 2,500. This deduction can be claimed in the Income-tax return by the employee.
What are the records to be maintained for ESI purpose?
For ESI compliance, the employer has to maintain the following records:
- Muster roll, wage record and books of Account maintained under other laws.
- Accident Register in new Form-11.
- An inspection book.
- The immediate employer is also required to maintain the Employees’ Register for the employees deployed to the principal employer.
What are the types of Profession Tax payers?
- Profession Tax Enrolment Certificate – Engaged in Profession, Trade and Callings.
- Profession Tax Registration Certificate – Every employer who has employed even a single employee whose salary is above the prescribed limit for deducting Profession Tax.
Any payment is required to be made for the registration certificate of professional tax?
No payment apart from the registration fees is required to be made.
Is there any maximum ceiling on tax amount?
Article 276 of the Constitution empowers the State Government to levy professional tax. It has provided for a maximum cap of INR 2,500 beyond which professional tax cannot be charged on any person.
What are consequences of non / late payment of employees' contribution deducted but not paid?
Any sum deducted by the Principal employer from wages under the ESI Act shall be deemed to have been entrusted to him by the employee for the purpose of paying the contribution in respect of which it was deducted as per Section 40 (4) of the ESI Act,1948. Non-payment or delayed payment of the Employee’s contribution deducted from the wages of the employee amounts to ‘Breach of trust’ and is punishable under IPC 406, 409 and also an offence u/s 85 of ESI Act.