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Professional Tax Registration

Professional Tax Registration In Bangalore

There are two types of Profession tax applicable for Business Entity, one is PT applicable to a business entity, which is the amount fixed as per PT Act, which varies from Rs 1,000 to Rs 2,500/- per annum required to be deposited every year by April 30th, as per the Karnataka PT Act.

Also, a business entity employing employees is required to deduct PT at applicable rates from employees and deposit with the government. As per Karnataka PT Act, Rs 200 need to be deducted from employee drawing a gross salary of Rs 15,000 or more and deposited every month with the government.

Certificate of Enrolment is applicable for remitting Annual Business PT and Certificate of Registration is required to be obtained for remitting employee PT.

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