Benefits of professional tax registrations are given below
Professional Tax is a Compulsory statutory requirement so if organizations fail to obtain professional tax registration, they will face fines and penalties which may increase overtime.
Getting registered under professional tax is a simple process, it can be processed quickly.
Under Section 16 of Income Tax Act, 1995, employees can claim deductions based on the amount paid for Professional Tax. The deductions shall be enabled within the year during which the taxpayer has made the payment.
Unlike GST and TDS Professional tax calculations and filings are simple, as per the state there is a fixed amount that needs to be paid to the state government.
Professional Tax is a revenue source for the State Governments that helps in implementing numerous welfare and development schemes for that region.
The required list of documents to get the professional tax registration is given below
Step 1: Share required Documents and Information
Step 2: Preparation of registration application
Step 3: Application for professional tax registration with the state government.
Step 4: Receive Professional Tax Registration Certificate
We make the process so easy and fast that you will not even feel the headache of all the paperwork, and our professionals will provide you all the promised deliverable within a given span of time.
All our professionals are qualified and specialized in that particular work. Making sure no mistakes are done at the time of filings with the authorities so that company won’t have to pay any penalties due to mistakes.
We support you throughout the journey of your business, from the incorporation, Accounting and taxation support, Secretarial compliance support, and Legal support.
We believe that cost plays a vital role in any company’s growth stage, that’s why we do not surprise our clients with hidden charges, you pay what you see in the initial proposal.