Professional tax registration is a mandatory requirement for employers and individuals engaged in various professions or trades. GHRAdvisory simplifies the registration process, making it accessible, affordable, and straightforward. This registration is essential as it serves as a source of revenue for the state government.
In India, professional tax is regulated and imposed by state governments on salaried individuals. However, some states like Delhi, UP, and Haryana are exempt from this tax. It is applicable to a broad spectrum of working professionals including chartered accountants, doctors, lawyers, business owners, and freelancers. The tax is levied based on an individual’s employment, business, or profession, and the rates vary across states. The maximum professional tax amount is capped at Rs. 2,500 per year.
Professional Tax is a state-imposed tax on income earned through professions, trades, or employment. Individuals engaged in any profession, trade, or employment are required to register for Professional Tax.
No, Professional Tax is a state-level tax, and its applicability varies from state to state. Each state has its own rules and rates for Professional Tax.
States such as Delhi, UP, and Haryana are exempt from Professional Tax. Additionally, there may be exemptions for specific categories of individuals or professions in different states.
