Professional Tax

Professional Tax

@999
Rs.
  • Inclusive Of Govt. Fees

    What is Professional Tax ?

    Professional Tax is tax levied by the State Government on all individuals who earn living through any medium. Professional Tax is a type of tax that needs to be paid by each and every individual earning income. Calculation and collection of PT differs from state to state, however the maximum limit is set to Rs 2,500/- per year.

    Structure of TAN – 

    First 4 digits of TAN are alphabets, the next 5 digits of TAN are numeric and the last digit is an alphabet.
    First 3 alphabets of TAN represent the jurisdiction code, 4th alphabet is the initial of the name of the TAN holder who can be a company, firm, individual, etc.

    Documents Required for PT registration :

      1. Address proof of establishment.
      2. Address proof of partners, proprietor or directors as applicable.
      3. PAN of partners, proprietors and directors as applicable.
      4. Photo of partners, proprietors and directors as applicable.
      5. Salary details of employees.
      6. Financial statements of the establishment.
      7. Certificate of incorporation and address proof in case of company.

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