Professional Tax is being imposed by all the State Govt. on every paid individual. The P-Tax is inflicted based on the profession, trade, or employment of the individual taxpayer. The tax rates also vary according to the various State Governments but the highest amount of payable P-Tax is INR 2000 per annum. Till now, states like Maharashtra, Karnataka, Gujarat, Kerala, West Bengal, Assam, Madhya Pradesh, Orissa, Tripura, and Meghalaya are charging this particular tax.

Profession Tax Registration Certificate (PTRC):

PTRC is Professional Tax Registration Certificate. PTRC has to be obtained by an employer to deduct and deposit the professional tax from employees’ salary.  Persons earning salary or wages are also covered under this registration certificate. The employer (government or non-government) has to deduct professional tax at prescribed rates from the employee’s salary and deposit the same to the respective state government. It falls under the employer’s responsibility to pay the professional tax even if it fails to deduct the same from the wages or salaries of the employees.

A fully functional business entity usually requires both PTEC and PTRC to conduct its business operations.

Applicability of PTRC

This certificate is to be obtained by every person or employer who is liable to deduct profession tax from the salary or wage of any employee whose monthly salary is above Rs. 7,500/-.

Documents Required for PTRC

The following are the list of documents and details required for registration of PTRC:

1. Pan Card of the applicant
2. Aadhaar Card copy
3. Cancelled Cheque
4. Passport size photo
5. Latest electricity bill of the register office/ place of business in case of the rented property then rent agreement
6. Photo Signature
7. Details of Business
8. No of employees at the workplace
9. Date of Commencement of business
10. Email ID and Mobile no of the applicant

Registration & Filling of PTEC and PTRC is Mandatory for:

• All types of paid professionals working or trading in India.
• According to the regulation, every professional acquiring a regular monthly wage is obliged to pay this particular tax. The professionals would get a unique registration number by registering in the P-Tax portal and using that they can pay the P-Tax therefore.
• P-Tax registration is the responsibility of every business owner, who shall deduct the professional tax from an employee’s salary and expense for fulfilling the very regulation.

Who are exempted from paying Professional Tax?

• Foreign employees are exempt from paying profession tax.
• Indians employed by the Foreign Office and consultant are excluded from taking the certificate of registration.

Steps for PTRC Registration:

• You have to Fill-up the form for PTRC online.
• After the payment is done, you get a call from our P-Tax Expert.
• Upload the details and documents as requested.
• Experts will take your approval for P-Tax registration and filling process.
• Online Legal India ^TM will complete the entire registration procedure.

How can we help you?

Online Legal India ^TM helps you to get PTRC online without any hassle and at menial charges. The tax experts from our end coordinate with you at every step and guide you to get the PTRC according to your need.