Karnataka professional tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 January 2016 As branch head for bangalore on a salary of Rs 15000 per month ,what professional tax would be applicable to be paid by me ?The ca firm ,is heaquartered in bihar ,and it is not 2 years old yet. Firm was formed on 29.11.2014 .There are no employees in bangalore and there is no business done out of bangalore .Should I apply for PT registration and pay professional tax ?

Is the time limit for registration 120 days from date of formation or 2 years from date of formation as read in some websites ?

pls help.Thanks in advance

praveen

praveen (Expert)
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04 January 2016 You have apply within 120 days of date of having profession, employment in Karnataka. There are 2 parts to this registration One is that of an employer registration - Since your company has opened a branch in Karnataka it is cumpulsory for it to pay PT.

Second registration is for the employees. If there are any employees whoose salary exceeds Rs.15000 then the company needs to obtain that registration .

In case you need any more help contact me at me@mrpraveen.com