Maharashtra professional tax act 1975 bare act pdf

This act maybe called the maharashtra state tax on professions, trades, callings and employments act, 1975. In this act, unless the context otherwise requires 3a1 air conditioned motor vehicle means a public service vehicle. Maharashtra bare acts maharashtra stamp act wholesaler from. Ordinance for amnesty scheme to settle pregst regime.

Professional tax in maharashtra is handled by the maharashtra state tax on professions, trades, calling and employment act, 1975 which came into effect on 1st april 1975. Maharashtra stateamendt to tax on professions, trades, callings and employments rules, 19756. Employers liability to deduct and pay tax an behalf of employees. The maharashtra state tax on profession, trades, callings. Professional tax in maharashtra state doc download archive. At present the insurance agents are liable to pay profession tax according to their standing in the profession and the.

Jan 14, 2011 maharashtra stateamendt to tax on professions, trades, callings and employments rules, 1975 6. Following are the persons which require itself to be. As per this act, professional tax is applicable for both individuals and companies. Please note that the rates of profession tax are amended and the new rates will be effective from 01. This act is also called as the maharashtra state tax on professions, trade, callings and employments act, 1975. Professional tax slab in maharashtra 201819 august 10, 2018 may 31, 2018 by rajesh m as per the maharashtra state tax on professions, trades, calling and employment act 1975 every working professional and selfemployed professionals like lawyers, doctors and chartered accountants etc need to pay professional tax to the state government. Maharashtra profession tax act, 1975 arp consulting.

The maharashtra state tax on professions, trades, callings. Kaytek india tax consulting profession tax in maharashtra. Apr 24, 2019 professional tax rates in maharashtra t he state of maharashtra has passed an act known as the maharashtra state tax on professions, trades, callings and employments act, 1975 with the purpose to collect revenue to be used in employment generation guarantee scheme. The professional tax, in maharashtra, is regulated by the maharashtra state tax on professions, trades, callings and employments act, 1975. The maharashtra state tax on profession, trades, callings and. Under the act the maharashtra state tax on professions. Under maharashtra profession tax act, every covered establishment is required to obtain pt registration certificate and pt. Dealers registered under the maharashtra value added tax act, 2002, mah. As per this, the professional tax liability limit for submission of returns for certain people has been increased from the existing rs. Online payment of profession tax in maharashtra vakilsearch. Application of provisions of section 22 of maharashtra value added tax act, 2002 and certain provisions of rules made thereunder.

Maharashtra state tax on professions, trades, callings and employments act, 1975. Birth deaths and marriages registration act, 1886 38. The bare act is an expression used to specify the content of law, without any interpretation. Profession tax is a tax may be imposed on professions and employments even though the employee is already paying an income tax. Different states have varying methods of calculating professional tax. It shall be deemed to have come force on the 1 st day of april, 1975. The gift tax act, 1958 abolished the income tax act, 1961.

Maharashtra shops and establishments act, 1948 bare acts. Professional tax maharashtra professional tax slab in. In these rules, unless the context otherwise requires1 the act means the maharashtra state tax on professions, trades,callings and employments act,1975. Professional tax is the tax charged by the state governments in india. The maharashtra state tax on professions traders callings and. Frequently asked question on profession tax pt in maharashtra.

These rules may be called the maharashtra state tax on professions, trades, callings and employments rules, 1975. The state of maharashtra has passed an act known as the maharashtra state tax on professions, trades, callings and employments act, 1975 with the purpose to collect revenue to be used in employment generation guarantee scheme. In a notification issued in 2019, the government of maharashtra has amended rule 1 and rule 281 of the maharashtra state tax on professions, trades, callings and employments rules, 1975. Maharashtra debt relief act 1975 complete act citation. Law in india, bare act pdf advocates supreme court of. Amendments to the maharashtra state tax on professions. Maharashtra state tax on professions, trades, callings and employments act, 1975 2. Professional tax is the tax charged by the state governments private equity outlook 2011 pdf in india. Ix of 2005 or dealers registered only under the central sales tax act, 1956, 74 of 1956 whose annual turnover of sales or purchases of previous year, i is. April 24, 2019 professional tax rates in maharashtra.

Professional tax rates in maharashtra mumbai professional. Form 3 part 2 returncumchalan for the treasury authorisation to work as recovery agent under the maharashtra sate tax on profession trade,callings and employment acts1975. Every person engaged actively or otherwise in any profession, trade, callings or employment and falling under one or the other of the classes mentioned in the second column of schedule i appended to profession tax act, is liable to pay profession tax. Provided that, on the commencement of the bombay shops and establishments extension and amendment act, 1960, maharashtra xxvi of 1961, all the provisions of this act shall also come into force in each of the areas in which the central provinces and berar shops and establishments act, 1947, c. Beedi and cigar workers conditions of employment act, 1966 35. It shall be deemed to have come into force on the 1st day of april 1975. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. C technical and professional consultants, including architects. Ca final indirect direct tax summary book pdf may 2020. The prevention of black marketing and maintenance of supplies of essential commodities act, 1980.

Maharashtra professional tax slab rate, latest news. Profession tax is levied under the maharashtra statetax on professions, trades, callings and employment rules, 1975. This tax shall be paid by every person exercising any profession or calling or is engaged in any trade or holds any appointment, public or private. Profession tax act, 1975 maharashtra i purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 141975. This is as per maharashtra official gazette dated 31st march 2018. The maharashtra state tax on profession, trades, callings and employments act, 1975 act 16 of 1975 keywords. The maharashtra state tax on profession, trade, callings and employment act, 1975 provides for levy and collection of profession tax. Maharashtra bare acts maharashtra stamp act wholesaler. Wholesaler of maharashtra bare acts maharashtra stamp act, maharashtra public trust act, maharashtra regional and town planning act and maharashtra police act offered by bombay cases infotech private limited, mumbai, maharashtra. The purpose is to collect revenue for the purpose of implementing employment guarantee scheme.

Maharashtra tax on the entry of goods into local areas act, 2002 e. In this act, unless the context otherwise requires. The revenue collected is used towards the employment guarantee scheme and the employment guarantee fund. Black money undisclosed foreign income and assets and imposition of tax act, 2015 39. Maharashtra professional tax notification pdf download. Purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 141975.

Bar councils validation of state laws act, 1956 34. Profession tax act, 1975 maharashtra i purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 14 1975. Profession tax act 1975 bare act pdf the maharashtra sales tax on the transfer of property in goods. Government of maharashtra has released the maharashtra tax laws levy and amendment act, 2018 under which the provisions of the maharashtra state tax on professions, trades, callings and employments act, 1975 have been amended. Application for obtaining authorisation for working as a recovery agent under the. Profession tax is the tax levied and collected by the state governments in india.

It extends to the whole of the state of maharashtra. Ix of 2005 or dealers registered only under the central sales tax act, 1956, 74 of 1956 whose annual turnover of sales or purchases of previous year, is rupees 25 lakh or less. Notwithstanding anything contained in the maharashtra debt relief ordinance, 1975, all debts of a debtor which stood discharged on the appointed day under the provisions of that ordinance shall, on the commencement of this act, stand revived. Karnataka tax on professions, trades, callings and employment act, 1976, the karnataka entertainments tax act, 1958, the karnataka agricultural income tax act, 1957, and the karnataka sales tax act, 1957 to give effect to the proposals made in the budget speech and matters connected therewith. Commissioner, corporation area, employer, month, person, profession tax, salary or wage, tribunal amendments appended.

Application for obtaining authorisation for working as a recovery agent under the maharashtra state tax on professions, trades, callings and employments act, 1975. The maharashtra state tax on professions traders callings. Schedule of rates of tax on professions, trades, callings and employments after budget. At present the insurance agents are liable to pay profession. Trades, callings and empioymcnts aci, 1975 and the maharashtra tax on. Maharashtra profession tax act, 1975 salary and wage earners, such person whose monthly salaries or wages are.