Dear All,
Greetings for the day!!!
I have a doubt regarding payment of Profession Tax. We have our corporate office at bangalore and we process the salary for entire pan India.But, do we need to pay the PT in concerned states or at Bangalore itself.
Please clarify me.
Kind Regards
Shreyas
From India, Bangalore
6Greetings for the day!!!
I have a doubt regarding payment of Profession Tax. We have our corporate office at bangalore and we process the salary for entire pan India.But, do we need to pay the PT in concerned states or at Bangalore itself.
Please clarify me.
Kind Regards
Shreyas
From India, Bangalore
Hi Shreyas As per professional tax act you should deduct the tax pertaining to particular state and remit the same at the respective state only.
From India, Bangalore
From India, Bangalore
Hi Shreyas,
Profession Tax comes under Corporation / Municipal authority control, hence it should be remitted to the respective corporations, wherever you have branch office set-up.
In case, you are looking for any professional support, in terms of Profession Tax Registration / Profession Tax remittance, please write to us.
From India, Chennai
Profession Tax comes under Corporation / Municipal authority control, hence it should be remitted to the respective corporations, wherever you have branch office set-up.
In case, you are looking for any professional support, in terms of Profession Tax Registration / Profession Tax remittance, please write to us.
From India, Chennai
Hi
Pragnaa HR Compliance Services - PAN India & Jeevarathnam,
Thanks for your valid suggestion, but my doubt is wat if the salary is being processed and paid from the Corporate . The Salary accounts are also maintained at a perticular bank by the corporate only. But the individuals will be working at different braches.
Regards
Shreyas
From India, Bangalore
Pragnaa HR Compliance Services - PAN India & Jeevarathnam,
Thanks for your valid suggestion, but my doubt is wat if the salary is being processed and paid from the Corporate . The Salary accounts are also maintained at a perticular bank by the corporate only. But the individuals will be working at different braches.
Regards
Shreyas
From India, Bangalore
Hi Shreyas,
That is ok, you can process the employees' salary centralized in Corporate office and paid to them.
Please be noted that the Profession Tax should be paid to the local corporation, where you have branch office set-up.
From India, Chennai
That is ok, you can process the employees' salary centralized in Corporate office and paid to them.
Please be noted that the Profession Tax should be paid to the local corporation, where you have branch office set-up.
From India, Chennai
Regarding submission of Professional Tax,PF, ESI you can contact with me at Kolkata M - 9433846448
From India, Kolkata
From India, Kolkata
Hi Shreyas,
First of all your establishment should be registered under Professional Tax Act with Commercial Tax Officer wherever your branch is located by furnishing all the details and then they will give you a Certificate. For PT deduction is based on the salary structure depends upon the state and see that any employee is falling within the limits then deduct the PT from his salary and arrange to remit the same to local LVO /VAT dept. If the centralized payroll is maintained does not matter and parallel maintain the Wage register also in respect of your branches which will facilitate in all angles including labour laws. By mere reasons of centrlized paysheet, you cannot escape from the payment of Professional Tax. Failing which you may suffer later on. The procedure of remittance is clearly explained by contributing member to this thread.
With Regards,
Adoni Suguresh
Sr.Executive (Pers and Adm) Rtd
Labour Laws Consultant
From India, Bidar
First of all your establishment should be registered under Professional Tax Act with Commercial Tax Officer wherever your branch is located by furnishing all the details and then they will give you a Certificate. For PT deduction is based on the salary structure depends upon the state and see that any employee is falling within the limits then deduct the PT from his salary and arrange to remit the same to local LVO /VAT dept. If the centralized payroll is maintained does not matter and parallel maintain the Wage register also in respect of your branches which will facilitate in all angles including labour laws. By mere reasons of centrlized paysheet, you cannot escape from the payment of Professional Tax. Failing which you may suffer later on. The procedure of remittance is clearly explained by contributing member to this thread.
With Regards,
Adoni Suguresh
Sr.Executive (Pers and Adm) Rtd
Labour Laws Consultant
From India, Bidar
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Maharashtra-One Time Payment Of Tax Scheme, 2019 Under Maharashtra Profession Tax.pdf
Profession Tax.doc