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Professional Tax

Online Payment of Profession Tax in Maharashtra –

Sometimes, people might not be able to pay their professional tax on time. This can have a lot of implications in terms of fines and penalties, which are both costly and time-consuming for the filers. Here’s where professional tax filing comes into play.


One can make professional tax payments in Maharashtra quickly on MahaGST and monthly e-payments are mandatory for those making the payment if the annual tax liability is ₹ 50,000 or more. You are required to make monthly payments for professional tax if your annual tax liability is ₹50,000 or more and you must do it by the last day of the subsequent month. If your liability is less than ₹50,000, you can wait until the end of March to make payment and file returns.

A Guide to Making Online Payment

  • You can visit the MahaGST website and select e-payment, in case you have a Professional Tax Registration Certificate (PTRC), or Ptec e-payment, in case you have a Professional Tax Enrollment Certificate (PTEC)
  • Login with your TIN number and make an e-payment
  • A challan used for MTR in Form 6 must contain the TIN and dealer name by default
  • Make sure you fill in each field before submitting the form to be compensated. You will need to select a payment type, specify the period for which you are being paid, and enter an amount
  • All PTEC holders should select Form ID VIII for tax payment. All others should select other and the appropriate remark from the adjacent drop-down list
  • The government request number, or GRN, will be generated when the form is complete and submitted. Once you hit pay, the transaction completes
  • Never forget to print the receipt when your payment is accepted.

What Is the Maharashtra Professional Tax Act?

The Maharashtra Professional Tax Act, 1965 is a law in the state of Maharashtra in India that regulates the taxation of professionals. The act covers a wide range of professionals such as doctors, engineers, lawyers, and accountants.

The main benefits of paying professional tax in Maharashtra include: 

  • You will be taxed according to your income level, not your residency status. This means that you will not have to pay any extra taxes if you move to or from Maharashtra
  • You will receive a detailed tax statement every year detailing your income and payments. This will help you understand your tax liability and make informed decisions about your finances
  • You will have unrestricted access to legal assistance if you need it. The government has established a specialised department called the Professional Tax Tribunal (PTT) to provide assistance to taxpayers
  • Taxes paid in Maharashtra are considered charitable donations, which can reduce your taxes owed by up to 35%. This benefit is available to both individuals and companies.

You can use our GST Tax Calculator Online to know how much GST you owe before you register.

What Are the Benefits of Paying Professional Tax in Maharashtra?

There are a number of benefits to paying professional tax in Maharashtra. Firstly, it can help you to keep your finances organised and streamlined. By filing your taxes through a professional, you can ensure that all the information is submitted correctly and on time. This will help to avoid any penalties or delays, which could impact your overall financial situation. Additionally, paying professional tax in Maharashtra can also improve your reputation as a businessperson. By demonstrating that you take your taxes seriously, you may be more likely to receive favourable treatment from financial institutions and other businesses. Finally, paying professional tax in Maharashtra can also help to boost your earning potential. By taking the time to file your taxes correctly and on time, you may be able to increase your income by avoiding unnecessary penalties and deductions. If you are looking for ways to improve your finances and reputation as a businessperson, then it is recommended that you pay professional tax in Maharashtra.


The Importance of Paying Professional Tax in Maharashtra

Maharashtra is one of the most prosperous states in India. The state has a very robust economy with a GDP of ₹1.21 lakh crore as per the 2016-17 data. It is ranked fourth in terms of Gross State Domestic Product (GSDP) among the 29 states in India. Apart from its rich economic landscape, Maharashtra also has a thriving tourism sector which contributes significantly to the state’s economy.

One of the major reasons why professionals find it important to pay professional tax in Maharashtra is because of the various benefits that they can avail. Some of these benefits are listed below:   

  1. Tax breaks: In addition to receiving tax breaks, professionals who pay professional tax in Maharashtra also benefit from various other concessions such as education allowance and health insurance schemes.
  2. Increased morale: Paying professional tax in Maharashtra can increase morale within the profession as it shows that you are committed to upholding high standards and working within the legal framework.
  3. Improved business efficiency: By paying professional tax in Maharashtra, businesses can save on costs associated with complying with different laws and regulations. This ultimately leads to improved business efficiency and increased profitability.
  4. Increased trust: The regular payment of professional tax in Maharashtra helps build a healthy working relationship and increases the trust between business partners.
  5. Increased productivity: Paying professional tax in Maharashtra can also lead to increased productivity. This is because companies will be able to provide employees with high quality, legal services, thereby increasing their value on the market.
  6. Security: In some countries, companies are required by law to pay professional tax in order to secure protections and fair treatment in a variety of different situations. This includes but not limited to when conducting any kind of business or offering services, etc
  7. Maximum compliance: By paying professional tax in Maharashtra, businesses can ensure that they are complying with all applicable laws and regulations at all times.


As a business owner, it is important to be aware of the tax benefits that are available to you. One of the most significant benefits of paying professional tax in Maharashtra is the exemption from income tax on profits generated from activities carried out in the state. Additionally, there are other benefits such as preferential rates for corporation Tax, and reduced withholding taxes on dividends and interest payments made to residents of Maharashtra. If you are considering setting up or operating your business in Maharashtra, it is important to speak with an accountant about all of the available options.

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