Professional Tax

Professional Tax is a state tax levied on the income of the professional. It is also levied on trade, professions, freelancers and callings.

Following are some of the Indian states and union territories where professional tax is applicable:

Businesses should take the registration certificate within 30 days from the date of applicability of the tax. The business which requires to deduct professional tax from the salary of the employees is required to obtain a Professional tax

As stated earlier the tax law is framed by respective states, the exemption list varies in each state. However, there are some common exemptions allowed in professional tax acts of various states. 

Company, firms, LLP, Corporation, societies, HUF, Associations, clubs are a taxable entity

Businesses should take the registration certificate within 30 days from the date of applicability of the tax. The business which requires to deduct professional tax from the salary of the employees is required to obtain a Professional tax