2024 Professional tax ptec

Professional tax ptec

Author: dpky

August undefined, 2024

Webb25 maj 2024 · The PTRC and PTEC are two difference certificates that are commonly required by a business operating in India. PTRC stands for Professional Tax Registration Certificate, and PTEC stands for Professional Tax Enrollment Certificate. A business usually requires both to conduct business. Webb28 apr. 2024 · Professional tax is levied by state govt. You should mention state name in your querry. In Maharashtra, following procedure followed; Cancellation of Professional Tax Certificate 1) Make the cancellation Application. 2) Take the print out of Acknowledgement. 3) Submit the following document in department.

Difference between PTRC and PTEC Registration for …

Webb11 sep. 2024 · PTEC regulates professional taxes payable by a company and its director. Moreover, professionals, contract workers, and other non-salaried individuals also need to acquire this certificate. Further, the time limit to pay PTEC is within a month from the date of enrollment, for the first payment. Webb9 apr. 2024 · Professional tax registration certificate (PTRC) is to be obtained by the company in the role of Employer. Professional tax Enrolment certificate (PTEC) is to obtained by the company for its own existence and any subsidiary engaging in the profession (and off-course business) within the state of Maharashtra. crafty gin distillery

Professional Tax Slab Rates in Maharashtra EZTax-in

Webb9 nov. 2024 · The employer must obtain the registration certificate Of professional tax registration documents is important for successful professional taxation in Hind. Webb16 apr. 2024 · Interest on failure to deduct profession tax. As per section 9(2) of the PTRC act 1975, if an employer who is liable to pay PTRC under the act, fails to pay the same to the government then he is liable to pay simple interest at the rate of 1.25% each month for the period for which the tax remains unpaid. Webb12 apr. 2024 · Find many great new & used options and get the best deals for RIDGID - 41608 RIDGID PTEC 30000 Tubular Tailpiece Extension Cutter,... All Sale at the best online prices at eBay! Free shipping for many products! crafty giraffe gifts

PTEC Professional Tax Enrolment Certificate Due Date Penalty

Understanding PTEC And PTRC - Registration Process for PTEC

WebbProfessional tax is a tax on all kinds of professions, trades, and employment and is levied based on the income of such profession, trade and employment. It is levied on employees, a person carrying on the business including freelancers, professionals, etc., subject to income exceeding the monetary threshold if any. WebbClick here For Professional Tax Dash Board Contents owned and maintained by Commercial Taxes Department, Govt. of Karnataka. IT Solution By National Informatics Centre, Bangalore. diy baby shower gift basket for boyWebbTax Rate Up to ₹ 3,500: Nil ₹ 3,501 to 5000 ₹ 22.50 per month ₹ 5,001 to 7,500 ₹ 52.50 per month ₹ 7,501 to 10,000 ₹ 115 per month ₹ 10,001 to 12,500 ₹ 171 per month ₹ 12,501 and above ₹ 208 per month Profession Tax is Collectible half yearly. diy baby shower gift wrapping paper

"Webb15 feb. 2024 · Maximum Profession Tax Amount. A maximum of Rs. 2,500 can be levied as professional tax on any person per financial year. Profession Tax Is Deductible Under Section 16 (iii) Of The Income Tax Act. According to Section 16 (iii) of the Income Tax Act 1961, the profession tax paid by an employee is allowed as a deduction from his/her … " - Professional tax ptec

Professional tax ptec

Periodicity for PTRC dealers for the FY 2024-23 - Udyamica

WebbIn 2024, I received an Fulbright TEA award and I will travel to the United States to join the professional development program for six weeks from the early September to the end of October 2024. Learn more about ... (PTEC) Cambodia. 522 followers 500 ... The much-awaited Tax Collection becomes available on ABA Internet ... WebbThe Professional Tax is a source of revenue for the state governments which helps in implementing schemes for the welfare and development of the region. Professional Tax …

Did you know?

WebbPTEC stands for Professional Tax Enrolment Certificate. Professional Tax is collected by the State Government on Salaried and business people. This tax is in addition to any … Webb25 maj 2024 · Let’s consider for this example that after deductions, the gross salary comes to Rs. 40,000. As a business owner, you will need to deduct professional tax on Rs. 40,000. As per the professional tax rules in Maharashtra, as a business owner, you need to deduct Rs. 200 towards professional tax, except in March, when the deduction will be Rs. 300.

Webb29 okt. 2024 · Professional Tax is the state government direct tax imposed on an income earned by a wide range of people pursuing different professions. The tax gets deducted from salaries of all employees on a monthly basis. When this involves any company, directors of company, partnerships, individual partners, or any self-employed businesses, … WebbProfessional Tax Enrolment Certificate (PTEC) Every person (or company) conducting any business ...

WebbRegistration of Professional tax in Karnataka is mandatory for the business within 30 days of employing staff and for professionals within 30 days of starting their practice. The professional tax has to be deducted from the salary/wages paid. However, the amount of professional tax varies from state to state which is capped at Rs. 2500 per annum. Webb29 aug. 2024 · I had to check the TIN using my PAN number in RC download section. So, the bottom line is you will have an email communication where you will be able to see your professional tax number easily using your Permanent Account Number. I hope this satisfies your query: how to find professional tax number.

Webb14 dec. 2024 · For late payments, the interest rates in usually 1.25% per installment, that is, per month. And also, the government can charge a penalty of 10% on the whole tax. This interest rate is different for different states as per the different laws. In Karnataka, the late payment interest rate is 1.25% per month.

Webb11 sep. 2024 · PTEC stands for Professional Tax Enrollment Certificate, whole PTRC is an abbreviation for Professional Tax Registration Certificate. Both of these are essential for … craftygirlbymariaWebb2007 - Present16 years. Tampa/St. Petersburg, Florida Area. Complete and file income tax for individuals and companies. Identify potential tax credits and liabilities. Ensure accurate returns that ... diy baby shower gifts basketWebb13 apr. 2024 · PF payment due dates for the FY 2024-22 for the purpose of tax audit reporting Reporting under clause 20 (b) of Form 3CD requires due dates of payment to various Employees contribution fund. i.e "Details of contributions received from employees for various funds as referred to in section 36(1)(va) " Here " due date " means the date by … crafty giraffe ukWebb9 nov. 2024 · Select PTRC/PTEC Act from the check boxes provided in the field “Acts for Registration”. E-application (Form I/II) under Professional Act will open. Information in the form should be completely filled either by entering in the relevant fields or selecting from the drop down lists. How can I check my professional tax status in Maharashtra? diy baby shower gifts boyWebb17 dec. 2024 · How to Make PTRC Payment Online? Look at the simple procedures below to pay your Maharashtra professional tax online. Step 1: Then click the e-payment option after first visiting the Mahavat website. Step 2: Use your TIN Number to log in to the portal, then choose e-payment. Step 3: When you log in successfully, MTR Form No. 6 will appear. diy baby shower gift ideasWebbProfession Tax Directorate of Commercial TaxesGovernment of West Bengal. This is a GIGW Certified Website. Home. About Us. Organisational Overview. Prize / Recognition. … diy baby shower headband kitWebb16 mars 2024 · PTEC stands for Professional Tax Enrollment Certificate and PTRC stands for Professional Tax Registration Certificate. Generally these Registrations are needed to conduct business in Maharashtra and in numerous other Countries. PTEC allows to pay professional duty of a business reality and also of the professional or proprietor of the … diy baby shower invitations girl