How to register for Professional Tax (PT) for a company?

How to register for Professional Tax (PT) for a company?

Professional Tax Registration In Delhi

The State Government levies the professional tax on the professionals and members. The levy and governance of professional tax in Delhi is regulated under the Delhi State Tax on Professions, Trades, Callings and Employments Act, 1975.

Professional Tax in Delhi can be obtained online on the State sales tax department website. Here is the procedure of the same:

  • An application must be made in Form 1 within 30 days of becoming liable to pay the professional tax.
  • Once Form 1 is submitted an acknowledgment with the date and time for attending the registration authority is generated.
  • The application has to be duly signed by the proprietor or partner or director of the company and it should be submitted to the concerned professional tax registration authority.
  • After the signed application is received the professional tax registration is provided in Form 1-A with a TIN (Registration number under profession tax act)

IndiaFilings can help you obtain Professional Tax Registration in Delhi.

  • Anyone who has professional tax registration
  • Entities having professional tax liability of more than Rs.50,000 need to file monthly professional tax returns before the last date of each month.
  • For entities whose tax liability is less than Rs. 50,000 in the previous year have to file a tax return annually on or before 31st of March.
  • In case there is omission or furnishing of incorrect statement a revised professional tax return can be filed.

Based on the date of enrolment the due date for filing Professional tax in Delhi differs, for the entities that are enrolled before the commencement of a year on or before 31st May the due date is 30th June of that year.

If the entity is enrolled after 31st May the professional tax payment is due within one month of the date of enrolment.

Monthly Gross SalaryAmount Payable as Professional Tax
Up to Rs. 7500Nil
Rs.7501 to Rs.10,000Rs.175 Per month
Above Rs.10,000Rs. 2500 per annum. Can be paid in either way.
Rs.200 per month except for February
Rs.300 for February.

IndiaFilings can help you obtain Professional tax registration as well as filing the Professional tax in Delhi.

 Created & Posted by Kartar

Accountant at TAXAJ

TAXAJ is a consortium of CA, CS, Advocates & Professionals from specific fields to provide you a One Stop Solution for all your Business, Financial, Taxation & Legal Matters under One Roof. Some of them are: Launch Your Start-Up Company/BusinessTrademark & Brand RegistrationDigital MarketingE-Stamp Paper OnlineClosure of BusinessLegal ServicesPayroll Services, etc. For any further queries related to this or anything else visit TAXAJ

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