PT
Who is exempted from paying Professional Tax?
Any person suffering from a permanent physical disability (including blindness) depending on provisions of PT of the respective State. Parents or guardian of any person who is suffering from mental retardation if the PT Act provides provision for the ...
Are there any fines for non-compliance?
There are penalties and fines in case of non-compliance. The penalties and fines in Professional Tax are levied for reasons like delay in registration, payment etc depending on the rules set out by each State Government.
How can I get the user-id and password to file return?
Once registration is done, the user-id and password (for filing return electronically) can be obtained from the concerned Professional Tax authority, on production of original RC.
What is the process of filing Returns?
The process to file returns Online Locate the professional tax website for your state. Fill the professional tax payment form carefully. Verify the information and pay professional tax online Offline You can also pay this tax at the district sales ...
How can I pay Professional Tax?
Payment of Professional Tax is either online or through DD. It varies from state to state. The state wise information is given here with details on mode of payment.
What is the due date to Pay Professional Tax?
Due date for Professional Tax depends on the frequency of deduction and State. Below are the state wise details of Due Dates.
Will PT be deducted even though “worked days” is “ZERO”?
PT is computed not on worked days, but on Location / State and the Gross Monthly Earnings of the Employee. And this PT deduction depends on different slabs as per the different States. Even if the Employee has been absent for the whole of the month ...
What comes under the scope of salary for Professional Tax?
Professional Tax is deducted on the Gross Salary for the month excluding Bonus & Gratuity if any.
What is the basis for PT deduction by the System?
The system will deduct the PT based on the location mentioned in the Company Set up. The PT rates will apply as per the rules of that State.
How is Professional Tax calculated?
Professional Tax is calculated based on salary earned. Each State Government has defined slabs and Professional Tax is accordingly deducted from employee salary. Below are the details of State wise Professional Tax Slabs.
Who is required to obtain Certificate of Registration (RC)?
Every employer who is liable to pay Professional Tax on behalf of his employees, for whom he pays salary/ wages in the taxable limit, is liable to obtain a Certificate of Registration.
Who is liable to pay Professional Tax as ‘employer’?
Every employer is liable to deduct Professional Tax from the salary paid to their employees and to remit to the State Government.
How to set up Professional Tax in Finjinn
PT Setup Guide in Finjinn Step 1 Login to Finjinn App using your credentials. You will be directed to the Home Page. On the Home Page , click the Hamburger menu (3 horizontal lines on the top left hand corner). Step 2 Click on "Settings" (Configure ...