Write-up on Profession Tax

/Write-up on Profession Tax


Introduction Every person who is engaged in any profession (business or service) is liable to pay a profession tax of Rs. 2,500/- p.a. with the government every year. The self-employed persons are liable to pay profession tax for themselves and the for salaried employees (whose salary is above Rs. 7,500 p.m.) the onus is on their employer to deduct the profession tax for such employee and deposit the same with the government. Profession Tax Registration Certificate (PT-RC) is to allow the employer