Is PT applicable in Gujarat?

Published by Charlie Davidson on

Is PT applicable in Gujarat?

The maximum amount of professional tax that can be levied is Rs. 2,500 per year….Gujarat Professional Tax Slab Rates and rates.

Monthly Income of the TaxPayer Professional Tax Amount Payable
For salary between Rs.9,000 to Rs.11,999 Rs.150
For salary of Rs.12,000 and above Rs

What is professional tax slab in Gujarat?

Gujarat

Act The Gujarat Panchayats, Municipal Corporations And State Tax On Professions, Traders, Callings And Employments Act, 1976
Upto 2999 ₹ 0.00 Nil
Between 3000 To 5999 ₹ 0.00 Nil
Between 6000 To 8999 ₹ 80.00
Between 9000 To 11999 ₹ 150.00

How can I pay professional tax in Gujarat?

Given below are the steps to pay professional tax online.

  1. Step 1: Log on to the official website.
  2. Step 2: Click Online payment.
  3. Step 3: Enter the PEC Number.
  4. Step 4: Details of the Due Amount.
  5. Step 5: Click on the Check Box.
  6. Step 6: Payment Method.
  7. Step 7: Click Confirm Button.
  8. Step 1: Select Net Banking option.

How do I file a PT annual return?

To make Professional Tax return the procedure as follows:

  1. visit website: ctax.kar.nic.in.
  2. Select e-Prerana (e-Prof.Tax) option in the left Column.
  3. Select Registered User Login option in the left Column: e-Services.
  4. Enter Login Name & Password.
  5. Click on Entry and Select Period – Year Click Go.

What is the due date for payment of professional tax in Gujarat?

In Gujarat, you can pay a professional tax monthly or quarterly basis. If your company consists of less than 20 employees, you need to pay the tax within 15 days from the month-end. If you have more than 20 employees, you will have to pay the tax within 15 days of the quarter ends.

What is the due date for professional tax payment in Gujarat?

Currently, the rules are that if you have less than 20 employees, you need to pay the tax before 15th of the following month. But if you have more than 20 employees, you need to pay the tax before the 15th of the month subsequent to end of every quarter.

What is the rate of professional tax?

Which states impose professional tax and what are the tax slabs?

State Income per Month Tax Rate/Tax Amount (per month)
Maharashtra Up to Rs. 10,000 Nil (for female)
From Rs. 7,500 to Rs. 10,000 Rs. 175 (for male)
Rs. 10,000 onwards Rs. 200 for 11 months + Rs. 300 for 12th month
Telangana Up to Rs. 15,000 Nil

Why is professional tax paid?

Professional tax one source of revenue for the government and is used towards bettering the services for professionals in that state. Thus, it is essential for every employer to deduct professional tax on salary, although there are a few exemptions related to this. Professional tax in India varies from state to state.

Who is responsible for professional tax in Gujarat?

the state government
Generally, the professional tax is levied by the state government and collected by the respective municipal authority. Since the profession tax is levied by the state government, the amount of tax payable tends to vary from one state to another.

In which states professional tax is not applicable?

Professional Tax Not Applicable In The States Mentioned Below

Central Andaman and Nicobar Islands Himachal Pradesh
Chattisgarh Dadra and Nagar Haveli Uttar Pradesh
Goa Haryana Chandigarh
Delhi Jammu and Kashmir

What is PT in salary slip?

When you look at your payslip or salary slip, along with the deduction column, you will notice a deduction marked as “PT”. PT or Professional Tax, as it is called, is a tax paid to the state government. Professional tax is a state-specific tax.

When did Gujarat state tax on professions, trades and Employment Act come into force?

The Gujarat State Tax on Professions, Trades, Callings and Employment Act, 1976 (commonly know as Profession Tax Act) came into force with the object of levying tax on professions, trades, callings and employments. It extends to the whole state of Gujarat.

What was the Gujarat panchayats, muncipalities and State Act 1976?

(1) This Act may be called 1[“Gujarat Panchayats, Muncipalities, Municipal Corporations and State] Tax on Professions, Traders, Callings and Employments Act, 1976.” 2. It extends to the whole of the State of Gujarat.

What was Section 3 of Gujarat state legislature?

In exercise of the powers conferred by Section 3 of the Gujarat State Legislature (Delegation of Powers) Act, 1976, (44 of 1976) the President is pleased to enact as follows:- Short title, extent and commencement.

What does the term tribunal mean in Gujarat?

(i) “Tribunal” means the [Tribunal constituted under section 19 of the Gujarat Value Added Tax Act 2003. (Gujarat Act, No. 1 of 2005)] and discharging the functions of the Tribunal assigned to it by or under this Act: (j) “year” means the financial year. Levy and Charge Of Tax.

Categories: Trending