Professional Tax services-professional tax preparation services - PowerPoint PPT Presentation

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Professional Tax services-professional tax preparation services

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Professional Tax is levied on professions,trades and compulsorily paid by every employee.We help in Professional Tax registration and online tax preparation. – PowerPoint PPT presentation

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Title: Professional Tax services-professional tax preparation services


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Professional Tax services- professional tax
preparation services
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Professional Tax is a tax levied on professions
and trades in India. It is a state- level tax
and has to be compulsorily paid by every member
of staff employed in private companies. The
owner of a business is responsible to deduct
professional tax from the salaries of his
employees and pay the amount so collected to the
appropriate government department. Professional
tax is usually a slab-amount based on the gross
income of the professional. It is deducted from
his income every month. Some of the state
governments that have levied professional tax
are Karnataka, West Bengal, Andhra Pradesh,
Maharashtra, Tamil Nadu, Gujarat, Assam,
Chhattisgarh, Kerala, Meghalaya, Orissa, Tripura
and Madhya Pradesh. In case of salaried
employees and wage earners, Employer is liable
to deduct professional tax with the State
Government. In case of other class of
Individuals, this tax is liable to be paid by
the person himself. Venture Care can help obtain
online tax preparation in India, from
just Rs.4199. NEED TO OBTAIN PROFESSIONAL TAX
REGISTRATION ? STATUTORY REQUIREMENT Employers
in certain states are required to mandatorily
obtain professional tax registration, deduct and
pay service tax on behalf of employees.
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? AVOID PENALTY Failure to obtain professional
tax registration or remit professional tax could
result in fines and penalties that accrue over
time. ? EASY COMPLIANCE Compliance with
professional tax regulation is easy. tax
preparation services can be obtained easily and
compliance maintained easily.
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Contact Us Head Office (India) Venture
Care Sr.No-29, Ajikyatara, kalanike Dhankawadi,
Near Rajshri Sha Bank, Pune, Maharashtra
411043 Phone (020)-65 3636 33
Branch Office (Netherlands)
Venture Care
Sr.No-29, Ajikyatara, kalaniketan,
hu
Jonker Fransstraat 46, Phone31 614 575 275
3031 AV Rotterdam, (NL)
Pune, Maharashtra 411043 (IN)
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