Professional Tax Return

File your Professional tax returns within the due date to avoid the penalties levied under the act. We Taxteam leading eminent service providers through Online / Offline mode would help you to file your professional tax at just one Call / Mail / Message.

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Understanding Professional tax and its payment

Professional tax is an indirect tax levied and collected by the State Governments in India. It is deducted from the salary of employees every month. It is also applicable to professionals like Chartered Accountant, Lawyer, doctor etc.

Professional Tax is paid based on the slab rates provided by the Government. The maximum amount payable shall be Rs. 2,500/- per annum per employee. It is collected by the Commercial tax department of every state. Our professional team would help you with Professional tax compliances in the most efficient manner.

Benefits of filing Professional tax return

Tax Benefit

The amount paid towards professional tax is allowed as deduction under the Income Tax Act, 1961.

Statutory Compliance

Payment of professional tax would make you tax complainant and therefore helps in avoiding penalty.

Process of filing Professional Tax return at Taxteam

Frequently Asked Questions

I am a freelancer, am I liable to pay professional tax?

Yes. A freelancer is also liable to pay professional tax however, it is subject to threshold limit provided.

What is the penalty for delay in payment of professional tax?

The penalty shall be 10% of the tax amount to be paid.

What is the wage limit for professional tax payment?

The wage limit shall be Rs. 21,000/- half yearly income in the state of Tamil Nadu.

Is employees of private company are also subject to professional tax?

Yes. The employees of private company are also subject to professional tax.

Can we pay professional tax through online?

Yes, It can be paid online as well as offline using manually generated challan.

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