PROFESSIONAL TAX ACT

EMPLOYEE STATE INSURANCE ACT

PROFESSIONAL TAX ACT

The Professional Tax is similar to income tax, however, the income tax is collected by the Central Government whereas, Professional Tax is collected by the State Government. At the beginning, when this law was first introduced, Rs. 250/- was the maximum amount to be collected in 1949,, but the slab was soon increased to Rs. 2,500/- by the year 1988.

Since last few years, the State Government is pursuing the Central Government to increase the maximum limit of the professional tax slab but, it is yet to be implemented. The amount of deduction as per the Tax Act Professional differs in the different states of India.

ASSISTANCE PROVIDED BY THE MP COMPLIANCES PVT. LTD. IN (STATE) PROFESSIONAL TAX ACT

We offer a complete 360-degree services to all kind of requirements of a business. Being the best service provider for HR and Payroll processing, we deliver the best services and consultation.
Our expert and dedicated professionals provide all kind of required assistance and service like

  • Maintenance of the following records as per the (State) Professional Tax Act.
  • Complete formality to register the business under the applicable Professional Tax Act along with obtaining a license.
  • As per the slab provided by the respective Professional Tax Act, we complete the formality of deduction of monthly/quarterly/ half yearly and annual professional tax.
  • Depositing the professional tax return along with challan as per the given format.
  • Providing regular updates and changes in the amendment under the (State)Professional Tax Act.

WHY MP COMPLIANCES PVT. LTD.

  • Experience: - We are operating in the field for over 38 years. Thus, with an experience of over 3 decades, we deliver the best services to our clients
  • Expert Staffs: - Our team consists of over 45 experienced and professional staffs. They are dedicated towards their field of expertize to provide the best solution.
  • Delivery: - We are completely professional with our jobs and responsibility. Thus, we know the importance of time. With the assistance of our expert staff members and advanced infrastructure, we always provide our services in due time.
  • Customer Service: - We have a dedicated 24/7*365 days server for employee self-service (ESS) Portal.