Birth deaths and marriages registration act, 1886 38. Apr 24, 2019 professional tax rates in maharashtra t he state of maharashtra has passed an act known as the maharashtra state tax on professions, trades, callings and employments act, 1975 with the purpose to collect revenue to be used in employment generation guarantee scheme. Application of provisions of section 22 of maharashtra value added tax act, 2002 and certain provisions of rules made thereunder. Commissioner, corporation area, employer, month, person, profession tax, salary or wage, tribunal amendments appended. Maharashtra profession tax act, 1975 salary and wage earners, such person whose monthly salaries or wages are. Kaytek india tax consulting profession tax in maharashtra. Please note that the rates of profession tax are amended and the new rates will be effective from 01. Provided that, on the commencement of the bombay shops and establishments extension and amendment act, 1960, maharashtra xxvi of 1961, all the provisions of this act shall also come into force in each of the areas in which the central provinces and berar shops and establishments act, 1947, c. The professional tax, in maharashtra, is regulated by the maharashtra state tax on professions, trades, callings and employments act, 1975. Profession tax is the tax levied and collected by the state governments in india. Ix of 2005 or dealers registered only under the central sales tax act, 1956, 74 of 1956 whose annual turnover of sales or purchases of previous year, is rupees 25 lakh or less. Maharashtra state tax on professions, trades, callings and employments act, 1975. The prevention of black marketing and maintenance of supplies of essential commodities act, 1980.
The maharashtra state tax on professions traders callings and. Beedi and cigar workers conditions of employment act, 1966 35. Every person engaged actively or otherwise in any profession, trade, callings or employment and falling under one or the other of the classes mentioned in the second column of schedule i appended to profession tax act, is liable to pay profession tax. Application for obtaining authorisation for working as a recovery agent under the maharashtra state tax on professions, trades, callings and employments act, 1975. The maharashtra state tax on professions traders callings. Maharashtra bare acts maharashtra stamp act wholesaler from. The maharashtra state tax on profession, trades, callings. Profession tax act, 1975 maharashtra i purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 141975.
Employers liability to deduct and pay tax an behalf of employees. The bare act is an expression used to specify the content of law, without any interpretation. In this act, unless the context otherwise requires. Bar councils validation of state laws act, 1956 34. Schedule of rates of tax on professions, trades, callings and employments after budget. Law in india, bare act pdf advocates supreme court of. Frequently asked question on profession tax pt in maharashtra. Online payment of profession tax in maharashtra vakilsearch. Amendments to the maharashtra state tax on professions.
Following are the persons which require itself to be. Professional tax maharashtra professional tax slab in. Professional tax is the tax charged by the state governments private equity outlook 2011 pdf in india. These rules may be called the maharashtra state tax on professions, trades, callings and employments rules, 1975. Trades, callings and empioymcnts aci, 1975 and the maharashtra tax on. In this act, unless the context otherwise requires 3a1 air conditioned motor vehicle means a public service vehicle.
As per this act, professional tax is applicable for both individuals and companies. The state of maharashtra has passed an act known as the maharashtra state tax on professions, trades, callings and employments act, 1975 with the purpose to collect revenue to be used in employment generation guarantee scheme. Application for obtaining authorisation for working as a recovery agent under the. The maharashtra state tax on professions, trades, callings. Karnataka tax on professions, trades, callings and employment act, 1976, the karnataka entertainments tax act, 1958, the karnataka agricultural income tax act, 1957, and the karnataka sales tax act, 1957 to give effect to the proposals made in the budget speech and matters connected therewith. The maharashtra state tax on profession, trades, callings and. It shall be deemed to have come force on the 1 st day of april, 1975. Maharashtra debt relief act 1975 complete act citation. Profession tax is a tax may be imposed on professions and employments even though the employee is already paying an income tax. The purpose is to collect revenue for the purpose of implementing employment guarantee scheme. Profession tax act, 1975 maharashtra i purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 14 1975. Maharashtra professional tax slab rate, latest news.
Under maharashtra profession tax act, every covered establishment is required to obtain pt registration certificate and pt. In these rules, unless the context otherwise requires1 the act means the maharashtra state tax on professions, trades,callings and employments act,1975. This tax shall be paid by every person exercising any profession or calling or is engaged in any trade or holds any appointment, public or private. Professional tax in maharashtra is handled by the maharashtra state tax on professions, trades, calling and employment act, 1975 which came into effect on 1st april 1975.
Maharashtra stateamendt to tax on professions, trades, callings and employments rules, 19756. The maharashtra state tax on profession, trade, callings and employment act, 1975 provides for levy and collection of profession tax. The revenue collected is used towards the employment guarantee scheme and the employment guarantee fund. This act maybe called the maharashtra state tax on professions, trades, callings and employments act, 1975. Ca final indirect direct tax summary book pdf may 2020. Professional tax in maharashtra state doc download archive. Under the act the maharashtra state tax on professions. The maharashtra state tax on profession, trades, callings and employments act, 1975 act 16 of 1975 keywords. Ordinance for amnesty scheme to settle pregst regime. Wholesaler of maharashtra bare acts maharashtra stamp act, maharashtra public trust act, maharashtra regional and town planning act and maharashtra police act offered by bombay cases infotech private limited, mumbai, maharashtra. Profession tax act 1975 bare act pdf the maharashtra sales tax on the transfer of property in goods. Maharashtra tax on the entry of goods into local areas act, 2002 e.
Maharashtra profession tax act, 1975 arp consulting. Dealers registered under the maharashtra value added tax act, 2002, mah. C technical and professional consultants, including architects. Maharashtra professional tax notification pdf download. Government of maharashtra has released the maharashtra tax laws levy and amendment act, 2018 under which the provisions of the maharashtra state tax on professions, trades, callings and employments act, 1975 have been amended. Different states have varying methods of calculating professional tax. Professional tax slab in maharashtra 201819 august 10, 2018 may 31, 2018 by rajesh m as per the maharashtra state tax on professions, trades, calling and employment act 1975 every working professional and selfemployed professionals like lawyers, doctors and chartered accountants etc need to pay professional tax to the state government. Purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 141975. Professional tax is the tax charged by the state governments in india. At present the insurance agents are liable to pay profession.
The gift tax act, 1958 abolished the income tax act, 1961. This act is also called as the maharashtra state tax on professions, trade, callings and employments act, 1975. Profession tax is levied under the maharashtra statetax on professions, trades, callings and employment rules, 1975. Maharashtra shops and establishments act, 1948 bare acts. Ix of 2005 or dealers registered only under the central sales tax act, 1956, 74 of 1956 whose annual turnover of sales or purchases of previous year, i is. Maharashtra state tax on professions, trades, callings and employments act, 1975 2. At present the insurance agents are liable to pay profession tax according to their standing in the profession and the. Black money undisclosed foreign income and assets and imposition of tax act, 2015 39. As per this, the professional tax liability limit for submission of returns for certain people has been increased from the existing rs. Maharashtra bare acts maharashtra stamp act wholesaler. Form 3 part 2 returncumchalan for the treasury authorisation to work as recovery agent under the maharashtra sate tax on profession trade,callings and employment acts1975. It extends to the whole of the state of maharashtra. Notwithstanding anything contained in the maharashtra debt relief ordinance, 1975, all debts of a debtor which stood discharged on the appointed day under the provisions of that ordinance shall, on the commencement of this act, stand revived.