🔵Professional Tax Calculation, Eligibility, Penalty Explained

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Learn what is Professional Tax, how to calculate Professional Tax, its eligibility, applicability and penalties. Professional Tax is different for different states and mostly applicable to Southern India rather than Northern India.
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Read this in English: labourlawadvisor.in/blog/prof...
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Chapters:
01:03 What is Professional Tax?
01:50 Applicability of Professional Tax
02:50 Calculation of Professional Tax
04:30 State-wise Professional Tax
05:00 Registration for Professional Tax
05:58 Responsibility of submission and deduction
06:41 Return of Professional Tax
07:25 Income tax benefit
07:48 State payment links
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#ProfessionalTax #StateProfessionalTaxRate #ProfessionalTaxCalculation #LLA

Опубликовано:

18 мар 2019

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Комментарии : 374

@LabourLawAdvisor 5 лет назад

📚Tax Planning Course: www.taxplanningforsalariedemployees.com/ 📚Professional Tax Maharashtra Course: learn.lpt.institute/s/store/courses/description/Professional-Tax-Maharashtra 📱QuickPayroll: quickpayroll.in/ 💸DEMAT Account: link.lla.in/Demat

@gautamparasharjha5521 4 года назад

Sir telangana is also applicable for PT

@jpranay283 2 года назад

Sir, agar koi employee na ho to bhi kya Proprietor ko PTRC me registration karavana jaruri hai?

@StayPositive-mt2xx Год назад

Sir salaried person kisivi profession ma ho uska upor p tax lagta hay kay?

@yogender3789 5 лет назад

Sir, first of all I appreciate your videos and the way of answering to any question. I request you to make a video on CTC and salary components which one is taxable or tax expected upto how much amount. Please consider about my humble & polite request. Thanks.

@HCA108 4 года назад

Hello sirji, Could you please let me know what to choose while making payment of PT in mahagov site for 'Order type'?

@SaralPayPackofficial 5 лет назад

Glad you found our blog useful :)

@chandankumarsahoo_1959 4 года назад

I really understand well sir... Thanks

@vidyasagardesaraju78 5 лет назад

Can we approve DOL in service history of an employee through online kyc?

@bijayghosh906 5 лет назад

You are really doing a great job.

@sidsodani21 5 лет назад

Boring topic made interesting..... Thank You so Much Sir...

@00011164 5 лет назад

Thanks for making this channel and putting your time and efforts to create content on latest updates on labor law.. keep up the good work.. thanks once again.. Regards, Rohit Goa.

@LabourLawAdvisor 5 лет назад

Rohit Bhai, Goa aaenge to ghum doge ?

@00011164 5 лет назад

Labour Law Advisor yes definitely will meet👍🏻👍🏻

@creativeideas8049 3 года назад

Sir, IF PTRC payment wrongly gone to PTEC then what to do ?? Please advice

@durgapitale2029 2 года назад

Thank you 👍 very well explained 😊

@iliyas10 4 года назад

Nice info. but I have a Query Ive registered for GST in May-2019 but I didnt knew abt PTEC (as there are no employess with me) I got a email from sales tax Dept. regarding registration of PTEC before 31.03.2020 but I failed to do so for some reason. Now my I have registered for PTEC on 06.04.20 so and in the Registration cert. is says "The holder of this certificate shall pay the tax for the unenrolled period at Rs. 0.00 immediately forthe years 0-0 (Previous years); Rs 2500.00 on or before 30-Jun-20 for year 2020-2021 (current year) and Rs 2500.00 per annum on or before 30th June of every year, in the manner prescribed in rule 20 of the Maharashtra State Tax on Professions Trades, Callings and Employments Rules, 1975." what should I do. should I pay previous year tax. or continue paying PTEC advance.. plz help

@riteshrathore6494 5 лет назад

Very informative.. Thanks

@icai-interestingfactsandru4397 4 года назад

Sir If I paid 4000 rs as professional tax ,then which will be the deduction amount from gross total income ?? 4000 or 2500 ??

@joshiramesh50 5 лет назад

Very good information, thank you Sir

@vidyasagardesaraju78 5 лет назад

Can we approve DOL in service history of an employee through online kyc

@rajaroybehappy6825 4 года назад

Sir, mera ak question hai may West Bengal say hu, mera pas import and export business ka license hai , mera 1 saal ka turnover Nil hai too mujha kitna P-TAX dena hoga?

@acharyak6503 5 лет назад

Hi Sir I have opened a Gst registration Jun 17th 2019 as a proprietor but in 20 days I received a professional tax notice of 2400 + penalty. Is this sent by mistake or legimate . From karnataka.

@aranibasu5761 4 года назад

@LabbourLawAdvisor Please tell me onething I'm a employee and hv to pay Professional Tax, so can I claim it through ITR, I'm exempted from Tax Bracket..

@jyotishirsath7053 4 года назад

Pls mujhe ek batayina, Pvt LTD company me agar salary pe TDS katate to Kya us vakt PT bhi deduct hoga kya

@shylajapraveen2745 4 года назад

Dear Sir, We have made payment of PT twice for the month of May 2020. What is the process to get a refund of the extra amount paid?

@m2pande 4 года назад

A question.. if a Pvt LTD company is registered in haryana and all TDS and GST filing happens in haryana then do they need to register for professional tax in Maharashtra if a few employees are located in a Mumbai office?

@birlasolan 5 лет назад

Sir I had reverse back my form 10c by the bank due to mismatch name on my bank account in 2010. Then I register grievance in the pf site they said to full fill again the all claim form so I sent it again but now I will not get my form 10c amount. So I request you kindly suggest me what can I do.

@ranjeetchoudhari841 3 года назад

HI sir, i have filled the excel template but once click on validate button msg showing your form is validated and its error free and also showing path of txt file but txt file not getting generate even showing msg the file has been saved. Please help me sir.

@manishajain2546 3 месяца назад

Sir if a company is has two gst in one state then ptax for noth gstin need to be paid?

@jameenakumari2332 4 года назад

Hi sir, am from Chennai as I have an query, I am normal employee and I resigned my job on Nov 19 and I had 60 days notice period and I relived on Jan 11 2020. My last pay of pro.tax was sep 2019. But now they deduct Pro.tax in my settlement they said it was period of Oct 2019 to Mar 2020. Plz advice is this correct and pro.tax also includes when the employee servied notice period

@princeagarwal4164 Год назад

Are we required to deduct p tax on leave encashment and incremental salary ?

@nagendrababu1205 2 года назад

In Tamilnadu, in FY 20-21, in first 6 months of FY, employee works only for 2 months. E.g July and August. Do I have to deduct professional tax @ Rs. 1250/2 = Rs. 750 per month or as usual Rs. 208 per month. Please help

@gautamkrishna88 4 года назад

Bihar PT september mein deposit karte hai lekin kis period ke liye yeh confirm nahi ho raha ? Apr to Mar or Oct to Sep?

@7276556536 5 лет назад

Thanks. It's business all about

@arunam7684 5 лет назад

Mera dosth retair home 1 sal hogaya he lekin pf abi thank nahi Mila he uska adhar ka name alghe Kya koru

@amolbhalshankar4242 5 лет назад

Hi sir, My date of exit is updated my employer but not displayed on EPF portal. Request to please sujjet me.

@maithilimore203 5 лет назад

Sir kya aap bata sakte he ki kitane pement par ye taxes shuru hota he Maharashtra state me

@anilmohanty4096 5 лет назад

Sir kya contact labour Ke sath PT tax applicable he

@kausermehboob3146 4 года назад

My uncle has got a very small workshop and his GST return is NIL every month. Still we need to register for PTEC or no? Kindly guide

@vaibhavibagwe3014 4 года назад

Hi sir, Sir mera PTRC registration galat ho gaya hai to use kaise thik karna hai. Pls reply sir

@bollyhitenjoyit2921 5 лет назад

sir mai pehle ek company me kam karta tha waha ka PF nahi nikala tha, phir 2 sal baad mai wahi company join kiya. pehle online pf passbook me purana wo company ka balance dikhata tha, lekin mai jab phir se company join kiya hu to pf passbook me naya hi chalu ka balance dikhata hai. purana wala pf passbook balance nahi dikh raha, aisa kyu mera purana same company ka pf kaha gaya hoga

@rajurathod7971 5 лет назад

Can PT be levied on honorarium paid monthly?

@subhambiswas5307 5 лет назад

Sir can you please give the detail video on assam regarding professional tax in detail?It will very help for us.

@bibhutibhusanbehera5160 3 месяца назад

Hello sir, I am from odisha. In between financial year if I change from one plant to other on sep. Month, is the 2nd plant can deduct 2500/- ?My 1st plant already deducted. 200/- p/m from April to aug?

@rohitmanocha3761 5 лет назад

Unable to find the app in ios software. It should be there. Plz share me the link

@amandeepkaushal657 5 лет назад

sir, i m from Punjab. Today my salary is credited to my account and deduction is around 1400 and institution mention the same reason of deduction that is development tax. as i go through the detail about this tax this is only applicable to the tax payers. but my issue is that my monthly income is 21000 how ever my annual income around 2 lacks because our institute relieve some of the faculties for the duration of 2-3 months for which employees don't get salaries. please tell me this deduction from our salary is genuine or not. and if not then what can we do??

@nishantshah6038 3 года назад

Employeed personal has no tax liability and when he received salary pro. Tax is deducted than such tax is refundable or just claim as deduction while calculation taxable salary....?

@Ayush-sh3ry 5 лет назад

Sir Mera Purana PF No Hai 2016 ka Vo activate Nahi ho Raha Kya Aap mere help kar sakte Hai use activate karne me

@mukeshkumaragarwal8934 4 года назад

Sir PTEC paid Kiya hai, as a Partner in a Firm To Kya agar Kahi par naukri Kar raha hoon to Kya PTax katega. Pls reply

@poonamdaniel8156 3 года назад

Is currently PF still applicable in only these states - as I read additional 7 States/UT added in this list Manipur - Mizoram-Nagaland-puducherry-sikkim-telangana-goa , Please help to confirm.

@prabhatdrm 5 лет назад

Business man mo bhi pay krna hoga ,yadi wo gst me Registered hai to ?

@navinkotangle5283 10 месяцев назад

Sir mai Maharashtra sy hu, Mera 2jaga job hai aur mera 2 jaga professional Tax kata hai , ek to thik hai but Dushra , kya ek saal mai do alag alag ghaga pT deduction hota hai Please batay

@ajang7913 5 лет назад

Thanks... Pls make a same video on LWF also

@educationandinformation1001 4 года назад

Sir, Professional tax ko kya income tax hi hai? Agar hai to osse alag Keo rakkha gya?????

@SumanDas-dx7et 2 года назад

Sir, Mera business suru hua 2020 ka November me, par ptax ke office se mail aya ke 2018-19 and 2019-20 ka tax unpaid hain. Ab main kya karoo

@surendersethii162 5 лет назад

Please make video relate to registration and contribution process of PTX and LWF Because no such kind of video available on internet

@denishghariwala6609 Год назад

Is professional tax payable on base salary or Salary that is receivable after leaves as per slab ? My employer is claiming that it is on base salary. But as I took exam leave I came down in lower slab in that month.. so is it base salary or it is on net amount receivable. Can someone help me with some proof that I can produce with employer .

@maya7740 4 года назад

Sir, my question is ...agar Mera business register Andhra Pradesh me aur employees working in mh ...tax kis state me pay karana hoga , Kya registration har state me karana ho ga

@sspawar5952 5 лет назад

Maharashtra me PTEC ka payment delay huaa hai to kya interest & penalty lagegi, aur lagegi to kitne lagege?

@pragurock Год назад

Is professional tax applicable on statutory bonus payment

@deep1791 5 лет назад

Sir...i wannna talk to you regarding some queries....plzz tell me how i can contact you

@anubhavloveable 2 года назад

In our proprietary firm 3 employees working ,in this condition my employer can deduct p tax .?

@nilofarrangoonwala3864 3 года назад

What can be done if PT is deducted from 2 organisation.....if you are working with both organisation

@loveleshgahlod5321 4 года назад

PR file returns fill krna is mandatory for employees or employers???

@mr.s6246 5 лет назад

Sir, Kindly request you please make a video about working hours in a day.

@PankajSingh-xe4xk 4 года назад

Abhi new India insurance ka agent bana sirf 534 rupya commission aaya or profession tax mera senior bol rahe hai barne ko 2500 kya yah sahi hai

@gaurangimitakshi922 Год назад

Sir agar company Hyderabad ki hai or contract utter pradesh mai chal rha hai to kya pt tax applicable hai hai ?

@BHOYTE143 4 года назад

Tours and travels ki professional tax bharna padega kay Workers 1

@aseempandey8118 4 года назад

How to deduct Professional Tax, on Gross wages or Gross Income ?

@sonarameru4489 7 дней назад

Thank you for information

@bikashchuriwala499 Год назад

Sir hum 2020-21 ka professional tax nahi diye to humko kitna interest lagega

@ashwanbhatnagar8945 5 лет назад

Very good information for all

@mdeepakkmr 2 года назад

PTRC Payment need to pay Monthly or Yearly if previous year liability less than 1lakh ???

@tanujajampana899 2 года назад

Sir if employee gross as per wage days 23 his gross is less than 15000 then he is eligible for ptax or not for karnataka state

@komalnarute1663 2 года назад

Hello sir can you say me if then I'll pay to ptrc but wrongly pay for ptec so how can I'll handle the situation....can you tell me sir please🙏🙏

@hasamchamdiya1605 5 лет назад

Claim form 19 bar bar rejected hojara have hai sar koi solyou san hai sar

@itsu9111 Год назад

Is the retainer ship payment liable for professional tax??

@JithenVarma-ih7gs 10 месяцев назад

Sir, Had a doubt when a company is deducting and paying PT online for their employees & why the company need to file returns online again any how is there any chance both can be done in single screen online.

@nareshnimb9275 3 года назад

Handicapped ko relaxation hai kya sir ?

@munnatiwari35 2 года назад

Hi sir Mere pass tours and travels ki cab service hai mujhe uska professional tex bharna hai kaise bhare maine try kiya lekin usme vo tin number mang raha hai to pls jald batayenge tho accha hai you tube per cheak kiya tho usme khali seleri valo ka hi dikha rahe hum jaise logo ka nahi tho plss guide kare sir... I am from maharastra (mumbai)..

@buddhadevbhue17 5 лет назад

Helw sir....I m salerised person....I want to invest but I confused in ulip ,elss ...mutual fund...kindly reply which one is best for me...

@dharmeshpatel1102 3 года назад

Is bonus and leave falls under professional tax please advise

@GauravSharma-im8nu 2 года назад

Please provide the link again to check the professional tax applicable on salary.

@prakashrawat2015 2 года назад

One company is deducting professional tax under 194J, at Noida however Uttar Pradesh is not in list those deduct 194J. Let me know if I am on right track...?

@AbhilashCharhate 4 года назад

Professional Tax Electrical Contactor ko applicable hai kya sir ??? Please help me ...

@imranhusain7294 5 лет назад

Great going bro..

@meenadawle2483 4 года назад

Sir mai ola cab chalata hu... cab khud ki hai.. to muze kitna professional tax bharna padega...

@naturebeaty6893 3 месяца назад

Agar monthly salary 20000h par 15day hi duty kiye salary aaaya 10000to kya fir bhi PT lagata h

@tanujajoshi339 2 года назад

I do not have any salaried employees but a few contractors. I know I need to pay PTEC but can I file NIL returns for PTRC? Thanks a lot.

@prim5976 Год назад

Sir I am from Maharashtra snd own a sole proprietorship for my ecom business from my residence with no employees. Do I still need to go for professional tax registration? Is this mandatory?

@aadityajadhav6674 4 года назад

Hi sir its request to you I have problem in my epf m not able withdraw epf amount kindly do the need full

@jassbhullar415 5 лет назад

Sir Bhut msg krta hu aap ko jawab nhi de rahe plz Maine company chod k Pf niklwa Liya tha fir main dubara kisi aur company main join kr Liya abb mere pension fund Nhi nikl raha Kya kru plz tell me

@pratibhasawant6500 5 лет назад

Professional tax is applicable on subsistence allowance

@devenderk9190 5 лет назад

How to calculate professional tax incase L.O.P

@7276556536 5 лет назад

How I will find my propetional tax no? PL help me

@AshishSingh-ee9kx 4 года назад

We have proprietorship company registered under GST from 2017-18 in west bengal. All GST returns are filled NIL since no transaction as on date with no employee except proprietor . We receive notice from professional tax authority for payment...are we liable ? Or we have an option of explaining our situation to waive off penalty....pls guide ?

@pritamghosh4757 3 года назад

Thanks for the video! I am from West Bengal and have been late in paying PT for about 3 years. The government website just mentions the tax amount and no interest for late payment. Am I eligible for it? If so, is there a place that can show me the total interest I am liable to pay. Also, can I be exempt from paying the late fee or will I have to pay for all the 3 years? Any help will be greatly appreciated!

@sushilsimon109 Год назад

Hello bro, did you pay the late payment penalty or did you have to go to office for that?

@pradeep0507 3 года назад

Can we cancel PTRC if we don't have any employees? Earlier there were employees, but now there are none

@kathrotiyakeval 5 лет назад

What is the roll of proffesnal tax in itr for empoloyer

@thesniper2807 Год назад

is there any exemption for payment of professional tax for physically handicapped people in madhya pradesh? if yes under which act and rule? i need to show documentary proof in my office for getting exemption?

@vishalbedekar920 3 года назад

PTRC annual return challan paid in monthly or Annual?

@wearesubscriber2747 4 года назад

Provided PT link for rates etc is not working.

@swapnilpise4958 5 лет назад

Without pf a/c no. Will We paid Professional tax ?

@MrConan13579 3 года назад

hi, i have taken GST with an aspiration to start a business this did not take off and have zero transactions since the day of taking GST no,a proprietorship concern have been filing NIL GST Since in hopes that in a future date i will use this , do i need to pay PT as i have no income no transactions, I am from Maharashtra, please let me know