Professional Tax Registration in Karnataka
Posted by Enterslice on March 4th, 2019
Professional Tax is a tax levied on the income earned by salaried employees and professionals including chartered accountants, doctors, and lawyers. Professional tax is levied by the state governments at the state level in India. In this blog, we will discuss professional tax, the person liable to pay professional tax in Karnataka, Professional tax rate in Karnataka, procedure to pay professional tax in Karnataka and all other necessary aspects of professional tax in Karnataka.
What is a Professional Tax all about?
Professional tax is imposed by the State Government and the same is collected from individuals working in Government, Private and Non-government organizations. Professional tax is normally imposed on all the people who are earning salary or people who are practicing a profession such as a chartered accountant, company secretary, doctors etc. Professional tax is levied by Municipal Corporations also the majority of the Indian States impose this tax. Professional tax is a source of revenue for the government.
Who is Liable to Pay Professional Tax in Karnataka?
In Karnataka, both salaried, as well as self-employed earners, have to pay professional tax to the state government of Karnataka. So far as salaried persons are concerned it is the responsibility of the employers to collect the tax. With regard to the self-employed people, they only need to pay it to people who are appointed by the state government for such purposes. Various professionals such as doctors charted accountants, lawyers etc need to pay professional tax in the state of Karnataka only.
The Professional Tax Rate in Karnataka
In the state of Karnataka, professional taxes are levied as per the Karnataka Tax on Professions, Trades, Callings and Employment Act, 1976. If persons in Karnataka who earn wage and salary less than Rs 15000 per month, then professional tax does not apply to them. If someone in Karnataka is earning more than Rs 15000 per month, then per month he needs to pay Rs 200 as professional tax.
Who are Exempted from Paying Professional Tax in Karnataka?
There are certain classes of people who do not need to pay professional tax in the state of Karnataka. List of the persons exempted from payment of professional tax in Karnataka is given below:
How to enroll for professional tax registration in Karnataka?
Persons wish to wish to register themselves for professional taxes in Karnataka need to follow the guidelines listed below:
Karnataka professional tax e-payment
Procedure to make e-payment of professional tax in Karnataka is given below:
Documents required for professional tax registration in Karnataka
Following are the list of documents that required for professional tax registration in Karnataka :
Penalties for Non-payment of Professional Tax in Karnataka
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About the AuthorEnterslice
Joined: December 20th, 2017
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