Overview
Professional tax in Punjab is a tax levied on individuals engaged in a profession, trade, calling, or employment in the state. The Punjab Government administers the tax under the provisions of the Punjab Finance Act 1977 and the Punjab Professions and Trade Tax Rules 1977.
Revised Professional Tax in Punjab
The Gujarat government revised the professional tax rates and slabs in 2019. The new rates came into effect from 1 April 2019.
Monthly Salary | Professional Tax |
---|---|
Up to ₹ 7,500 | Nil |
₹ 7,501 to ₹ 10,000 | ₹ 175 |
Above ₹ 10,000 | ₹ 200 (except February), ₹ 300 (February) |
Documents Required for Professional Tax Registration in Punjab
The following documents are required for professional tax registration in Punjab:
- PAN card
- Aadhaar card
- Bank account statement
- Proof of residence
- Proof of profession (e.g., employment certificate, business registration certificate)
How to Register for Professional Tax in Punjab
To register for professional tax in Punjab, you can follow these steps:
1. Visit the Punjab State Development Tax Portal.
2. Click on the &New Registration& button.
3. Select the &Professional Tax& option.
4. Fill in the required details and upload the required documents.
5. Pay the registration fee.
6. Once your registration is approved, you will be issued a professional tax registration certificate.
Who Gets Exemption from Professional Tax in Punjab
The following individuals are exempt from paying professional tax in Punjab:
- Persons with disabilities
- Students
- Senior citizens (above 60 years of age)
- Women
- Persons whose monthly salary is less than ₹ 7,500
The Due Date for Filing Professional Tax in Punjab
The due date for filing professional tax in Punjab is the 31st of March every year.
Why Vakilsearch?
Vakilsearch is a leading provider of professional tax services in Punjab. We have a team of experts who are dedicated to helping you simplify the professional tax registration process and ensure compliance with all applicable laws.
We offer a wide range of services, including:
- professional tax registration assistance
- Compliance support
- Tax planning advice
- Representation in case of disputes
We are committed to providing you with the best possible service and helping you meet your tax obligations seamlessly.
FAQs on Professional Tax in Punjab
Confused about your next step?
Get guidance from our senior lawyers who can understand your situation and help you make an informed decision.