Professional Tax Payment and Return

Every employer registered under the Act shall pay the amount of tax due from him according to the return on or before the date prescribed for filing of such return. ePayment and e-Returns are mandatory, now.

Payment can be done online either at mahavat portal or through GRAS (Government Receipt Accounting System) and e-Return can be filed at mahavat portal.

Every registered employer whose tax liability during the previous year or a part thereof - 

  • is less than Rs.5000 shall furnish an annual return on or before the 31 March, of the year to which the return relates. 
  • is Rs.5,000/- or more but less than Rs.20,000/- shall furnish quarterly return on or before the last date in respect of the quarter to which the return relates.

Quarter ending on 30 June - 30 June
Quarter ending on 30 Sep  - 30 Sep
Quarter ending on 31 Dec  - 31 Dec
Quarter ending on 31 Mar  - 31 Mar

  • is Rs.20,000/- or more, shall furnish a monthly return on or before the last date of the month to which the return relates. 
  • For the first year in which an employer is granted a Registration Certificate, an employer registered under this act shall furnish a quarterly return till the end of the year in which he is granted the certificate of registration.

References

Compliance Calendar
There are so many HR compliances to be taken care of every month, throughout the year. Check out our comprehensive calendar to stay on top of your game!

More and more growing companies are using greytHR.
Take a demo and find out why

  • HR & Payroll Administration
  • What is HRMS?
  • What is Payroll?
  • What is Statutory Compliance?
  • Guide to Leave Management
  • Guide to Attendance Management
  • Holiday Lists 2023
  • Holiday Lists 2024
  • Product
  • HR Software
  • Payroll Software
  • Leave Management System
  • Attendance Management System
  • Performance Management System
  • Employee Self Service
  • greytHR Service Status
greytHR-logo
GDPR Compliant certification badge
Soc2 certification badge
ISO Certification Badge
© 2024 Greytip Software Pvt. Ltd.
Privacy PolicyTerms of Use
India