Notification for mandatory e-filing of monthly return under Maharashtra Professional Tax.

The Commissioner of Professions Tax, Maharashtra state has issued a notification dated 26^th November, 2010, where in exercise of powers conferred under section 7A of the Maharashtra state tax on Professions, trade, callings and employments Act, 1975, provides for the filing of online monthly return in Form III- B (through www.mahavat.gov.in) with effect from 01^st February, 2011 by every registered employer whose tax liability during the previous year was Rs. 20,000 or more after making the payment in Challan MTR 6to the Government Treasury.

Professional Tax in the state of Karnataka

Professional Tax for the salaried people in the state of Karnataka is as follows:-

1. If monthly salary is less than Rs.10,000  - Nil
2. If monthly salary in more than Rs.10,000, but less than Rs.15,000 - Rs. 150 per month.
3. If monthly salary is Rs.15,000 or more  - Rs.200 per month.

Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976

Applicability:

The Karnataka Profession Act is applicable to following persons:

a.            Every employer who pays salary/wages to his employer more than Rs.5,000/- per month

b.            Every person other than employer liable to pay tax under the Act.

Registration:

Every employer covering under “a” category shall apply for registration in Form 1 within 30 days from the date on which he is liable to pay tax.  Ever persons covering under “b” category shall apply for enrollment in Form 2 within 30 days from the date on which is liable to pay tax.

Due dates:

Every person who is liable to pay tax under this Act has to pay the tax for the month and submit the return in Form 5 on or before 20^th day of the subsequent month. Employer has to submit annual statement in Form – 5A on or before 30^th day of May of every year. Return for enrolled person has to be submitted on before 30^th day of April of every year.