Maharashtra Professional Tax
Professional tax registration for employers.
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Maharashtra Professional Tax
Professional Tax is a state-level tax levied on individuals and entities engaged in various professions, trades, callings, and employment. This mandatory tax is imposed by state governments across India, including Maharashtra, where it is regulated by the Maharashtra State Tax on Professions, Trades, Callings, and Employments Act, 1975. Individuals and entities must obtain Maharashtra Professional Tax Registration certificates to comply with these regulations. Every employer registered under the Maharashtra Professional Tax Act must file the PT return within the prescribed time.
IndiaFilings experts can assist you in obtaining the Maharashtra Professional Tax registration easily and filing Professional tax returns efficiently.
Maharashtra Professional Tax Applicability
Professional Tax (PT) in Maharashtra applies to individuals and entities engaged in any profession, trade, calling, or employment within the state. This includes:
- Individuals:Salaried employees, self-employed professionals such as doctors, lawyers, and chartered accountants.
- Organisations:Firms, companies, corporations, other corporate bodies, societies, clubs, and associations.
The tax amount is based on the income level of the individual or the entity and is deducted monthly from salaries by employers or paid directly by self-employed individuals.
Individuals Exempted from Paying Professional Tax in Maharashtra
- Senior Citizens: Individuals aged 65 years and above.
- Parents of Physically Challenged Children.
- Individuals with Disabilities: Those with more than 40% disability.
- Badli Workers: Workers in the textile industry.
Maharashtra Professional Tax Registration
Maharashtra Professional Tax Registration is compulsory for individuals, employers, and entities engaged in any profession, trade, or employment within the state. This includes obtaining a Profession Tax Enrollment Certificate (PTEC) for self-employed individuals and a Profession Tax Registration Certificate (PTRC) for employers to deduct and pay tax on behalf of their employees.
Maharashtra Professional Tax Registration Process
Maharashtra Professional Tax Registration can be obtained from the Department of Goods and Tax, Maharashtra. To enrol for Maharashtra Professional Tax, follow these steps:
Access the Website:
- Go to the Department of Goods and Tax, Maharashtra Website.
- Click on ‘Other Acts Registration’ and select ‘Other Acts Registration’.
Start New Registration:
- Click on ‘New Registration Under Various Acts’.
- Review the instruction sheet for guidelines and the list of required documents.
- Click “Next” after reading the guidelines.
New Dealer Registration:
- Click on ‘New Dealer’ if you do not have any active registration certificates under any acts administered by MSTD, then click ‘Next’.
- Enter your PAN or TAN number as applicable.
- A temporary activation link will be sent to your email. Click the link and log in using the password sent to your registered mobile number.
- Once verified, a new login ID and password will be sent to your registered email.
Login for e-Services:
- Return to the home page.
- Click on ‘Login for e-Services’ and then select ‘VAT and allied acts’.
- Enter your user credentials to reset your password, and then click ‘Continue’.
Registration Process:
- Click on ‘Registration’ and then on ‘New Registration’.
- Select The Maharashtra State Tax on Profession, Trades, Callings and Employments Act, 1975 (PTEC) tab and click ‘Next’.
Form II Submission:
- Fill in the details required in Form II, such as the type of applicant (individual/company), individual details, entry number, registration number, etc., and click ‘Next’.
- Provide your address details and click ‘Next’.
- Enter details related to your place of business, including address, contact details, electricity bill details, and IGR (property) details, and click ‘Next’.
- Provide bank details and click ‘Next’.
Additional Information:
- Enter your entry number and sub-entry number as per the applicable category. Use Annexure I to find your category, then click ‘Next’.
- Make a self-declaration by checking the declaration box and click ‘Next’.
- Upload a scanned copy of the required supporting documents and click ‘Next’.
Get a Professional Tax Registration Certificate
An acknowledgement will be generated, indicating successful registration for Profession Tax payment. You will be allotted a unique enrollment certificate.
Maharashtra PT Return Filing
Every employer registered under the Maharashtra Professional Tax Act shall furnish the PT return within the prescribed time. The specific due dates for filing Maharashtra PT returns and making payments are determined based on the entitys registration date and the type of certificate obtained, either PTRC (Professional Tax Registration Certificate) or PTEC (Professional Tax Enrollment Certificate).
Profession Tax Enrollment Certificate (PTEC) Holder
|
Scenario |
Due Date |
| Enrolled before or on May 31 | June 30 of that year or a later date specified by the Commissioner |
| Enrolled after May 31 | Within one month of the enrollment date |
| Tax rate revised | Within one month of the date of revision |
| Tax return filing | Not required |
| E-payment | Available |
Profession Tax Registration Certificate (PTRC) Holder
|
Tax Liability |
Return Frequency |
Due Date |
| Less than Rs. 50,000 (Yearly) | Annual | March 31 of the financial year |
| Rs. 50,000 or more (Monthly) | Monthly | Last date of each month |
| The first year of registration | Monthly | End of the year |
Notes:
- Filing of e-returns for all PTRC holders is mandatory as per the Government Notification dated July 14, 2011.
- E-payment is mandatory for all PTRC holders from July 1, 2012, as per the Government Notification dated June 14, 2012.
Ensuring timely and accurate return filing helps avoid penalties and maintain compliance with the Maharashtra Professional Tax regulations.
Penalty for Non-Compliance
Failure to comply with professional tax regulations in Maharashtra can result in penalties, including:
- Late PT Registration: A penalty of rupees five for each day of delay for employers and rupees two for each day of delay for individuals.
- Late Payment of Professional Tax: An interest of 1.25% per month on the outstanding tax amount for individuals and 2% per month for employers.
- PT Return Filing Penalty: If an employer fails to file the Professional Tax return within the prescribed time, the following penalties apply:
- Late Fee within 30 Days: An amount of Rs. 200 if the return is filed within 30 days after the prescribed time expires.
- Late Fee after 30 Days: An amount of Rs. 1,000 if the return is filed after 30 days of the expiry of the prescribed time
These penalties are in addition to the amount payable, if any, as per the return.
Get PT Registration and File Returns Easily via IndiaFilings!
Ensure seamless compliance with Maharashtra Professional Tax regulations by getting your Professional Tax Registration and filing Professional tax returns through IndiaFilings. Our experts provide comprehensive assistance, making the registration process straightforward and efficient. With our support, you can easily manage your PT obligations, ensuring timely and accurate return filing to avoid penalties.
