Maharashtra P T
This query is : Resolved
14 July 2022
Can anyone tell me in Maharashtra State under professional tax act
What is due date for Professional Tax Payable.
The frequency of payment - does it depend on number of employee
Monthly and annual return due dates
What is due date for Professional Tax Payable.
The frequency of payment - does it depend on number of employee
Monthly and annual return due dates
09 July 2024
In Maharashtra State, under the Professional Tax Act, the due dates for professional tax payable, frequency of payment, and return filing are as follows:
1. **Due Date for Professional Tax Payable:**
- Professional tax is generally payable annually.
- The due date for payment of professional tax in Maharashtra is generally before 30th June of every year for salaried employees and before 31st March for non-salaried employees.
2. **Frequency of Payment:**
- The frequency of payment does not typically depend on the number of employees but rather on the annual professional tax liability of the employer.
- It is generally paid annually based on the estimated liability for the financial year.
3. **Monthly and Annual Return Due Dates:**
- **Monthly Returns:** Employers are required to file monthly returns of professional tax deducted from salaries by the 20th of the subsequent month.
- **Annual Return:** An annual return summarizing the professional tax deducted and paid throughout the financial year must be filed on or before 30th June of the succeeding year.
### Summary of Due Dates:
- **Professional Tax Payment:** Annually, before 30th June for salaried employees and before 31st March for non-salaried employees.
- **Monthly Return Filing:** By the 20th of the subsequent month.
- **Annual Return Filing:** By 30th June of the succeeding year.
These due dates ensure compliance with the Professional Tax Act in Maharashtra. It's important to verify these dates with the latest notifications or consult with a tax professional to ensure accuracy and compliance with local regulations.
1. **Due Date for Professional Tax Payable:**
- Professional tax is generally payable annually.
- The due date for payment of professional tax in Maharashtra is generally before 30th June of every year for salaried employees and before 31st March for non-salaried employees.
2. **Frequency of Payment:**
- The frequency of payment does not typically depend on the number of employees but rather on the annual professional tax liability of the employer.
- It is generally paid annually based on the estimated liability for the financial year.
3. **Monthly and Annual Return Due Dates:**
- **Monthly Returns:** Employers are required to file monthly returns of professional tax deducted from salaries by the 20th of the subsequent month.
- **Annual Return:** An annual return summarizing the professional tax deducted and paid throughout the financial year must be filed on or before 30th June of the succeeding year.
### Summary of Due Dates:
- **Professional Tax Payment:** Annually, before 30th June for salaried employees and before 31st March for non-salaried employees.
- **Monthly Return Filing:** By the 20th of the subsequent month.
- **Annual Return Filing:** By 30th June of the succeeding year.
These due dates ensure compliance with the Professional Tax Act in Maharashtra. It's important to verify these dates with the latest notifications or consult with a tax professional to ensure accuracy and compliance with local regulations.
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