Professional Tax Registration in Bangalore

The state-based tax that is levied on each individual, who earns an income through any trade or profession is said to be a ‘professional tax’. Being a state-imposed one, this tax varies in norms across Indian states. A few regions might not even impose this tax form. However, in the states imposed, professional tax registration is a mandatory procedure and you are liable as per the calculations based on the specified salary slabs.

The given below pointers are the three essential features that you must know about professional tax registration in India:

• State by state filling – Every Indian state requires you to file the PT when employing new professionals in that particular region. Note that the state deduction percentages will vary across regions.
• The Frequency for filing Returns – The duration or frequency that you must get your returns filed depends on which state you operate primarily.
• Penalties Apply – Fines and penalties for delays or failure of tax payment will vary as per the regulations of your state.

You have 3 simple procedure to follow for furnishing your professional tax registration in Bangalore promptly with our expertise:

Information Document Collection:

To prepare your application, our team will first request your vital business documents and other proofs for the validation of your income.

Prepare online Application for submission:

Your online application is prepared and submitted with the Commercial Tax Department, which acts as the issuing authority. Our experienced income tax consultants in Bangalore will ensure that this step is seamlessly quick and convenient from your side.

Registration Approval:

Within the 7 working days itself, the ‘Registration Certificate’ will be ready for the employees and the ‘Enrolment Certificate’ for the chief employer.

Irrespective of whether you want to complete the professional tax registration Bangalore, Maharashtra, Kerala, Odisha, Madhya Pradesh, or any, the following documents are obligatory for verification purposes:

• PAN card copy of all directors/partners/proprietor
• Rental agreement and electricity bill
• Aadhar card copy and Aadhar linked mobile number of directors/partners/proprietors
• Bank statement or canceled cheque
• Employees salary details
• Balance sheet of Pvt Ltd / LLP / partnership firm / proprietor

For Private Limited Company

• MOA & AOA
• Certificate of incorporation
• Company PAN

For LLP

• LLP agreement
• Certificate of incorporation
• LLP PAN

For Partnership Firm

• Partnership registration certificate
• Partnership deed
• Firm pan

From experienced CAs to highly-qualified income tax specialists, our experts cater to deliver solutions on PT registration in Bangalore for numerous industries and professions. The dynamic nature of income tax and dedications can make it difficult for you to stay updated; for that, we have specialized teams, who are not only adept in grasping the changing tax standards but also offer you the solutions based on the same. Hence, rest assured that your professional tax regimes are precisely and legally paid safe!