Professional tax karnataka

Welcome to Professional Tax e-Filing System This Web-site facilitates the registered employers to submit the monthly/quarterly/annual returns and make the payment electronically. Please refer the user manual for further details. The VAT traders have been enabled to make the Prof. Tax payment in the VAT e-filing system. e-Services Click here For Professional Tax Dash Board For Queries, Please Contact the Helpdesk during office Hours:080-23470439 Email:[email protected] Toll Free Number:18004256300 Contents owned and maintained by Commercial Taxes Department,Govt. of Karnataka. IT Solution By National Informatics Centre, Bangalore.

But there’s a catch! Not all Indian states impose a professional tax. Also, the tax applicable to different income slabs may vary from one state to another, but it has a maximum limit of Rs 2,500 per year. Let’s dig further to know the applicability of professional tax, the states where such tax is applicable, and how RazorpayX Payroll simplifies it for businesses. What is Professional Tax? Professional tax is a direct tax that applies to individuals earning an income by way of employment, practising their profession, or trading. A practicing professional includes a lawyer, teacher, doctor, chartered accountant, etc. The tax is deducted from the individual’s monthly salary by their employer and is deposited to the state governments. Professionals apart from salaried employees pay it directly to the government. Such professionals can claim a tax deduction for the professional tax paid during the financial year as per the Income Tax Act 1961. Who is responsible to collect and pay professional tax? In the case of a salaried employee, the employer must deduct professional tax from their salary every month and deposit it to the government. The employer needs to get a Registration Certificate from the concerned authorities to deposit the deducted tax. Whereas, the self-employed individuals who carry out their profession or trade and fall into eligibility criteria are required to pay the professional tax themselves to the state government. They need to obtain a Certificate of Enr...

Welcome to Professional Tax e-Filing System This web-site facilitates the Professional Tax Payers to enter and submit returns and make the payment electronically. The Professional Tax payers can generate the Certificate online without visiting the PT offices. This site also facilitates the registered employers to submit the monthly/quarterly/annual returns and make the payment electronically. Please refer the user manual for further details. The VAT traders have been enabled to make the Prof. Tax payment in the VAT e-filing system. e-Services • • Click here For Professional Tax Dashboard • Separate PT registration process on PT website of Commercial Taxes Department not required for companies registering under Spice+ application process from 8th October 2020. • • For New registration of employers under Professional Tax, Auto Approval & Generation of User name & Password has been enabled. • If the e-payment is made, one need not have to visit the PT office and can download the Enrolment Certificate online. • The already enrolled professionals can directly submit the return and make payment without any logging in process and download the certificate online • The new enrolment application can be submitted online and payment can be made accordingly and download the certificate online. Click here to download Enrolment Certificate For Queries, Please Contact the Helpdesk during office Hours:080-23470439 Email:[email protected] Toll Free Number:18004256300 Contents owne...

Professional tax is a kind of tax levied by the state government on salaried or self-employed individuals. As per Clause 2 of Article 276 of the Indian Constitution, it is applicable to all kinds of professions, employment, and traders in the particular state. Only 17 states impose a professional tax in India, and Karnataka is one of them. This article details professional tax in Karnataka, including its slab rates and related information. Professional Tax in Karnataka The Karnataka state government is responsible for collecting professional tax, depending on your gross income. Whether you are working in a private organisation or are associated with a government entity, it is mandatory for all individuals to pay professional tax in Karnataka. Additionally, self-employed individuals, doctors, chartered accountants, lawyers, etc., must pay this tax to the local authorities assigned to collect the professional tax. On the other hand, the respective employers levy professional tax in Karnataka for salaried employees. Karnataka Professional Tax Act The Karnataka Tax on Professions, Trades, Calling and Employment Act 1976 has laid out the provisions for professional tax payment within the state. As per the Karnataka professional tax rule, the government levies this tax on an individual depending on their income. So, if you are a working professional in Karnataka, knowing the tax slab rates is crucial. Professional Tax Slab In Karnataka Here’s a table for a complete understanding...