Professional Tax Madhyapradesh
Monthly Salary (INR) |
Professional Tax(INR) |
Up to 18750 Rs |
Nil |
18751 Rs – 25000 Rs |
125 Rs / month |
25001 Rs – 33333 Rs |
167 Rs / month |
33334 Rs or Above |
208 Rs / 212 Rs for last month |
Payment Due Date :10th of Every Month
|
Website :
https://mptax.mp.gov.in/mpvatweb/
|
Documents required
- Memorandum Of Association
- Articles Of Association
- PAN Card
- Lease Agreement
- Bank Account details
- Name & Activities of the Firm or organisation
- Employer Address Proof and ID Proof and photos
- Employee list with salary details
Forms
- Application for registration (for employers)– Form 1
- Application for certificate of registration (for persons) – Form 3
- Certificate to be furnished by person to his employer– Form 5
- Certificate to be furnished by a person who is simultaneously engaged in employment of more than one employer. – Form 6
- Application for permission to furnish return for a year – form 8
- Return (for persons) – form 9
Exemptions
- Assessees over the age of 65.
- People suffering from 40% or more of permanent disability or blindness..
- Parent or guardian of a physically challenged or mentally retarded child.
Consequences
- Delay in obtaining the Certificate of Registration – a penalty of Rs. 5 per day (for an employer) and Rs. 2 per day (for unemployed but earning individuals).
- Delay in the payment of professional tax – a penalty of 2% per month. Non-payment of the same will force the assessee to remit 10% of the total tax due.
- Delay in filing the returns – a penalty of Rs. 1000, which is applicable for up to a month of the delay. Returns not filed after this period will enhance the penal amount to Rs. 2,000.
- Falsified or incorrect information – a penalty that is thrice the liability of professional tax.
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