site stats

Professional tax ptec

WebbPTEC – PTEC stands for Professional Tax Enrollment Certificate. PTEC has to be paid by business entities (like Private Ltd, Public Ltd, OPC, etc), and also by owner or professional (sole proprietor, partner, director, etc). PTRC– PTRC is Professional Tax Registration Certificate. PTRC has to be collected by the employer ... 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 ...

Professional Tax Maharashtra: Tax Slab, Payment, Applicability, …

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. WebbWhat is Professional Tax? The respective state governments in India levy the professional tax on income from profession or employment. The professionals earning an income from salary or other practices such as a lawyer, teacher, doctor, chartered accountant, etc. are required to pay professional tax. rick lagina wife photo https://attilaw.com

Professional Tax in Andhra Pradesh: Tax Slab Rates, How to Pay, …

Webb9 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? WebbTo understand the Profession Tax provision of your state contacts us at 9372644735. Exemptions to Profession Tax: – Certain class of entity and individual are exempt from payment of profession tax. For example in Maharashtra for Sr. Citizen Profession Tax is exempt. Women employees Drawing salary upto Rs 10000/- pm also exempt. Webb29 okt. 2024 · PTEC permits to pay the professional tax of the business entity (Private Ltd, Public Ltd, OPC, etc) and also of the owner or professional (sole proprietor, partner, director, etc). Whereas, the function of a PTRC is to permit the employer (government or non-government) to deduct professional tax from the employee’s salary or wages and … rick lasher

Process to Register in Professional Tax Enrollment ... - Setupfilings

Category:Anastasiya Gonzalez - Tax Preparer - Self-Employed LinkedIn

Tags:Professional tax ptec

Professional tax ptec

Mandatory Documents Required for Professional Tax Registration …

Webb1 mars 2024 · A) Profession Tax Enrollment Certificate (PTEC) holder. 4. Professional Tax Due Dates All States. 5. B) Profession Tax Registration Certificate (PTRC) holder. … 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.

Professional tax ptec

Did you know?

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 … WebbProfession Tax Directorate of Commercial TaxesGovernment of West Bengal. This is a GIGW Certified Website. Home. About Us. Organisational Overview. Prize / Recognition. …

WebbProfessional tax is a direct tax that the State Government of Telangana imposes on any individual who earns through any medium. The State Government levies this tax on … 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.

Webbthan Rs. 75,000/- would be exempted from payment of Professional tax and that some more professions would be brought into the tax net. Hence this Bill. (Obtained from L.A. Bill No. 25 of 1985) VII . ... Tax Act, 1932 and the Karnataka Agricultural Income Tax Act, 1957 to give effect to the proposals made in the Budget speech and matters connected WebbClick here For Professional Tax Dash Board Contents owned and maintained by Commercial Taxes Department, Govt. of Karnataka. IT Solution By National Informatics …

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, …

WebbThe terms ‘PTEC‘ and ‘PTRC‘ stand for Professional Tax Enrolment Certificate and Professional Tax Registration Certificate, respectively.In Maharashtra and many other states, these registrations are usually required to operate the business. PTEC permits a business entity to pay professional taxes as well as the professional or owner of the … rick lashWebbProfessional 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. rick lashley auto repair sherman txWebbTax 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. rick lassiterWebb16 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 … rick lasek deathWebbPTRC stands for Professional Tax Registration Certificate. PTEC stands for Professional Tax Enrollment Certificate. A business usually requires both to conduct business. The regulations regarding PTRC and PTEC differ as per state, as well as the process of registering for the certificates are different. Maharashtra Professional Tax Limit rick latinone facebookWebbFör 1 dag sedan · The group said its adjusted core profit rose to around 155-156 million euros in the first quarter, a 15-16% increase on a pro-forma basis including the acquisition of Italian remote gaming company ... rick lasserWebb13 mars 2024 · You can choose either PTEC (Professional Tax Enrolment Certificate) or PTRC (Professional Tax Registration Certificate) Act. After selecting the applicable … rick laska therapy