{"id":55990,"date":"2024-12-17T15:47:09","date_gmt":"2024-12-17T10:17:09","guid":{"rendered":"https:\/\/piceapp.com\/blogs\/?p=55990"},"modified":"2024-12-26T13:02:42","modified_gmt":"2024-12-26T07:32:42","slug":"how-to-file-professional-tax-return-in-gst","status":"publish","type":"post","link":"https:\/\/piceapp.com\/blogs\/how-to-file-professional-tax-return-in-gst\/","title":{"rendered":"How to File Professional Tax Return in GST?"},"content":{"rendered":"\n
Professional tax (PT) is essential for working professionals to file as a part of their tax liability. <\/a>If you are an employee in an organisation, your employer will be responsible for deducting and filing this tax on your behalf. On the other hand, you need to file returns for your professional tax.<\/p>\n\n\n\n Learn how to file professional tax returns in GST<\/strong> here.<\/p>\n\n\n\n Certain state governments levy professional taxes on all professions, including employment and trade, based on income. Professionals and freelancers further need to pay PT if their income exceeds a certain monetary threshold (if any).<\/p>\n\n\n\n The Article 246 of the Constitution of India gives Parliament the exclusive power to make laws on matters in the Union List, including income taxes. States can only make laws related to the concurrent and state List.<\/p>\n\n\n\n However, professional tax is a type of income tax that is levied by state governments.<\/a><\/p>\n\n\n\n PT is deducted from the taxable income of professionals under the provisions of the Income Tax Act, 1961.<\/p>\n\n\n\n The PT rate, levied by the state governments, varies based on state-specific rules and regulations. However, the state governments follow a specific slab system of income to levy PT. As per Article 276 of the Indian Constitution, the state governments are allowed to charge a maximum limit of \u20b92,500 as PT from any working person.<\/p>\n\n\n\n Each state determines the professional tax slab rate based on the taxpayer’s income. As a result, taxpayers need to follow the regulations set by the state\u2019s legislation for professional tax <\/a>return filing. However, usually, the PT slab rate is as follows:<\/p>\n\n\n\n The Commercial Tax Department of each state is responsible for collecting PT from the working people. This helps raise funds for the municipal corporations of each state.<\/p>\n\n\n\n Here are the authorities responsible to pay professional taxes:<\/p>\n\n\n\n Notably, there are certain exemptions to levying PTs based on the state\u2019s laws. For instance, the Karnataka State Government allows Karnataka professional tax exemptions to parents and guardians of individuals with mental disability, permanent or visual disability.<\/p>\n\n\n\nWhat Is a Professional Tax?<\/strong><\/h2>\n\n\n\n

What Is the Professional Tax Rate?<\/strong><\/h2>\n\n\n\n
Professional Tax Rate<\/strong> Slabs<\/strong><\/h3>\n\n\n\n
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Who Collects Professional Tax?<\/strong><\/h2>\n\n\n\n
Who Has to Pay Professional Taxes?<\/strong><\/h2>\n\n\n\n
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How to Pay Professional Tax? Is Any Return to be Filed?<\/strong><\/h2>\n\n\n\n