What is Professional tax?

What is Professional tax? When you're employed and receive a consistent salary, fulfilling your professional tax obligations becomes mandatory. You have likely encountered this term on your monthly salary slips or Form 16, listed beneath your gross salary, allowances, and…

PTEC-PTRC Combined Payment in Maharashtra

PTEC-PTRC Combined Payment in Maharashtra To make the payment of Maharashtra Professional Tax, every taxpayer has to obtain a certificate of registration such as Professional Tax Registration Certificate (PTRC) and Professional Tax Enrollment Certificate (PTEC). The Government of Maharashtra has…

Professional Tax Registration and Compliance

Professional Tax Registration and Compliance Professional tax is a direct tax levied on persons earning an income by either practicing a profession, employment, calling, or trade. Unlike income tax imposed by the Central Government, professional tax is levied by the…