1. PROFESSION TAX

DOCUMENTATION FOR REGISTRATION




Documentation and details vary but are usually along the same lines. For Karnataka the requirements are as follows:

Documents

    • Certificate of Incorporation, in case of companies
    • MOA and AOA in case of companies/Partnership deed in case of partnership firm



  • List of Directors/Partners with the details of Name, residential address, photo (2 passport size copies)
  • Identity proofs for directors/Partners like, driving licenses, passport, ration card, election card with photos



  • List of employees with their gross salary details
  • If the directors are not promoters of the company, copy of Form-32 filed with ROC towards appointment as directors
  • If there is any change in the address of the company, copy of Form-18 filed with ROC
  • If the place of business is a leased premises, lease agreement
  • If the place of business is in a own building, tax paid receipt copy
  • Fee of Rs.2,500/- towards Profession Tax for the company



  • Monthly return in Form-5A along with Profession tax deducted from the employees salary, if any.
  • Copy of pan allotment letter/PAN card
  • Copy of Bank statement from the date of establishment of the business.

Information required for filling in the content of Form 1 and Form 2

    • Name of the Company
    • Full Postal Address
    • Class of Employer – Individual/Partner/Firm/Company/Corporation/Society/ Club and Association/Others Specify
    • Status of the person signing the application – Proprietor/Partner/Principal Officer/Agent/Managers/Director/Secretary/Others specify



  • Date of Birth and Age –
  • In case of individuals – Date of Birth and age
  • In case of Companies – Date of incorporation
  • In case of other organizations – Date of commencement of business
  • Nature of Business –
  • Period of standing in the business – number of years and months
  • Number of other places of works with address
  • Annual turnover of all sales/purchases
  • Number of workers engaged in the factory
  • Number of employees in the establishment
  • If Co-operative society – State level/District level/Taluk level
  • Number of Vehicles for which permit under M.V. Act is held – 3 wheelers/ Trucks/Buses
  • Enrolment number of previous certificate, if any
  • Ground on which revision, if any, is sought

Profession Tax & Slab Rates around India

Profession Tax in Maharashtra




In Maharashtra, profession tax is governed by the Maharashtra State Tax on Professions, Trades, Calling and Employment Act, 1975. All employees and professionals with a monthly salary of over Rs. 7500 must pay profession tax. Those with a salary of Rs. 7500 to Rs. 10,000 must pay Rs. 175 per month, while those with a higher salary must pay Rs. 200 a month (Rs. 300 in February). Payment of the profession tax that is collected can now be made online.