Professional Tax Registration
Professional Tax is a tax collected by State Governments from the professionally occupied business entities. A person earning income from salary or professions such as Chartered Accountants, Company Secretaries, Lawyers, etc. is required to pay professional tax. For the purpose of this registration, the employers, professionals, traders, etc. come under the purview of registration.
This tax is deducted from the salary of the employer, which is later eligible for deduction from the computation of taxable income. The registration is obtained by the employers and business owners with the respect Municipal Corporation. Being it State based registration, the rate of tax and method of registration is different. Further, there are two types of registrations being – PTEC and PTRC registrations.
Documents required for Professional Tax Registration
- ID Proof : A self-attested copy of ID proof of Proprietor/ Partner/ Director
- Address Proof : Self-attested copy of address proof of Proprietor/ Partner/ Director. Shop and Establishment Certificate(if any )
- Photographs : 3 copy of passport size photograph of the Proprietor/ Partner/ Director
- Incorporation Documents : MoA – AoA of Company, Partnership Deed/ LLP Agreement, etc. along with the registration certificate, if any