Professional Tax in Maharashtra – A Comprehensive Guide

What is Professional Tax?

Professional Tax (PT) is a state-imposed tax levied on salaried individuals, self-employed professionals, and business owners. In Maharashtra, it is governed by the Maharashtra State Tax on Professions, Trades, Callings, and Employments Act, 1975.

Applicability of Professional Tax in Maharashtra

Professional Tax applies to:

  1. Salaried Individuals: Employees working in private or government organizations.
  2. Self-Employed Professionals: Doctors, Chartered Accountants, Lawyers, Engineers, and Consultants.
  3. Traders and Business Owners: Shops, commercial establishments, and service providers.
Professional Tax Maharashtra, Professional Tax in Maharashtra – A Comprehensive Guide
Professional Tax Maharashtra, Professional Tax in Maharashtra – A Comprehensive Guide

Professional Tax Registration in Maharashtra

For Employers:

  • Register for Professional Tax Registration Certificate (PTRC).
  • Deduct PT from employees’ salaries and pay to the Maharashtra government.

For Self-Employed Individuals & Businesses:

  • Obtain a Professional Tax Enrollment Certificate (PTEC).
  • Pay PT annually based on income.

Due Dates for Professional Tax Payment

For Employers (PTRC Holders):

  • Monthly tax payment before the last date of the following month.
  • If annual tax liability is ₹50,000 or more, payment is due monthly.
  • If less than ₹50,000, payment is annually before March 31.

For Self-Employed Individuals (PTEC Holders):

  • Annual payment before June 30.

Penalties for Non-Compliance

  • Late Payment: Interest at 1.25% per month.
  • Failure to Register: Penalty up to ₹5 per day.
  • Incorrect Filing: Additional penalties may be levied.

How to Pay Professional Tax in Maharashtra?

  1. Visit the Maharashtra Goods and Services Tax (MGST) Department portal: https://www.mahagst.gov.in.
  2. Log in using your credentials.
  3. Select Professional Tax Payment.
  4. Enter details and proceed with payment.
  5. Generate challan for records.

Conclusion

Professional Tax in Maharashtra is mandatory for businesses, professionals, and employees. Employers must deduct PT from salaries, and self-employed individuals must register and pay annually.

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