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Online P-Tax Registration
Professional Tax is like Income tax but is collected by the State Government. It is a tax on all kinds of professions, trades and employment and levied based on the income of such profession, trade and employment. It is levied on employees, a person carrying on business including freelancers, professionals etc.
Documents Required
- Acknowledgement of the online form, along with the print out of the digital form submitted.
- Copy of PAN Card.
- Residence proof of Partner, Director, Proprietor.
- Proof of Constitution of business like Certificate of Incorporation.
- Blank Cancelled Cheque.
- Address proof of Business place
- Establishment Certificate.
- PAN & PTEC details.
Important Points
- After every financial year, the P-Tax should always be filed. The employers also get an opportunity to correct any mistakes made within the scheduled time of registration and filling.
- P-Tax amount varies in different states in India. Notably, Maharashtra Govt. amended a new law stating each partner of a Limited Liability Partnership (LLP) is liable to pay P-Tax of INR 2,500 per annum.
Frequently Asked Questions
- Company/Firms/LLP: Company, firms, LLP, Corporation, societies, HUF, Associations, clubs are taxable entity.
- Professionals(Individuals): Legal Practitioners like solicitors, Notaries, medical representatives like dentist, medical consultants, doctors and other professionals like management consultants, tax consultants, surveyors, CS, CA, Insurance agents, engineers, architects and contractors are all considered as professional individuals who need to pay professional tax.
- PTEC (Professional Tax Enrollment Certificate): This is paid by the business entity, owner or a professional i.e. Private/ Public Limited Company, Sole Proprietor, Director Etc.
- PTRC: (Professional Tax Registration Certificate): Government or Non- Government employer deducts the tax from the employee’s wages and deposits the same to the government.
- All types of paid professionals working or trading in India.
- According to the regulation, every professional acquiring a regular monthly wage is obliged to pay this particular tax. The professionals would get a unique registration number by registering in the P-Tax portal and using that they can pay the P-Tax therefore.
- P-Tax registration is the responsibility of every business owner, who shall deduct the professional tax from an employee’s salary and expense for fulfilling the very regulation.
- Foreign employees are exempt from paying profession tax.
- Indians employed by the Foreign office and consultant are excluded from taking the certificate of registration
Online PTEC and PTRC
PTEC and PTRC is like Income tax but is collected by the State Government. It is a tax on all kinds of professions, trades and employment and levied based on the income of such profession, trade and employment. It is levied on employees, a person carrying on business including freelancers, professionals etc.
Documents Required
- Acknowledgement of the online form, along with the print out of the digital form submitted.
- Copy of PAN Card.
- Residence proof of Partner, Director, Proprietor.
- Proof of Constitution of business like Certificate of Incorporation.
- Blank Cancelled Cheque.
- Address proof of Business place
- Establishment Certificate.
- PAN & PTEC details.
Important Points
- After every financial year, the P-Tax should always be filed. The employers also get an opportunity to correct any mistakes made within the scheduled time of registration and filling.
- P-Tax amount varies in different states in India. Notably, Maharashtra Govt. amended a new law stating each partner of a Limited Liability Partnership (LLP) is liable to pay P-Tax of INR 2,500 per annum.
Frequently Asked Questions
- Company/Firms/LLP: Company, firms, LLP, Corporation, societies, HUF, Associations, clubs are taxable entity.
- Professionals(Individuals): Legal Practitioners like solicitors, Notaries, medical representatives like dentist, medical consultants, doctors and other professionals like management consultants, tax consultants, surveyors, CS, CA, Insurance agents, engineers, architects and contractors are all considered as professional individuals who need to pay professional tax.
- PTEC (Professional Tax Enrollment Certificate): This is paid by the business entity, owner or a professional i.e. Private/ Public Limited Company, Sole Proprietor, Director Etc.
- PTRC: (Professional Tax Registration Certificate): Government or Non- Government employer deducts the tax from the employee’s wages and deposits the same to the government.
- All types of paid professionals working or trading in India.
- According to the regulation, every professional acquiring a regular monthly wage is obliged to pay this particular tax. The professionals would get a unique registration number by registering in the P-Tax portal and using that they can pay the P-Tax therefore.
- P-Tax registration is the responsibility of every business owner, who shall deduct the professional tax from an employee’s salary and expense for fulfilling the very regulation.
- Foreign employees are exempt from paying profession tax.
- Indians employed by the Foreign office and consultant are excluded from taking the certificate of registration
Online PF Registration
Documents Required
- Digital Signature of Proprietor/Partner/Director
- Aadhar Card of Proprietor/Partner/Director
- PAN Card of Proprietor/Partner/Director
- Cancelled Cheque/Bank Statement of Entity
- Electricity Bill of the Registered Office (not older than 2 months)
- Shop and establishment Certificate/GST Certificate/ License issued by the government for factory
Important Points
- PF Return: Provident fund return must be filed by all entities having PF registration every month. PF return is due on the 25th of each month. Further, a final PF return is due on the 25th of April for the year ended on 31st March.
- PF Payment: Provident Fund (PF) payments are due on the 15th of each month. The employer must deposit a total of 12% or 10% of the employee wages towards PF on or before this date every month. For most entities, the PF rate of 12% would be applicable.
- UAN: The Employee Provident Fund has launched the Unified Portal to streamline and simplify all aspects of provident fund for both employers and employees. Employees who have the newly allotted UAN can use the Unified Portal for various services.
Frequently Asked Questions
- He owns a factory having 20 or more people, or
- Any other organization / foundation with 20 or more employees or
- The class of such organizations whom the Central Government may, by notice would specify for compulsory EPF employer registration.
Due date for Filing PF Returns:
- The due date for Monthly Challan remittance to Bank for PF is 15th of Every Month
- The due date for Monthly PF returns is 25th of Every Month
- The due date for yearly returns is 30th April every year
Online ESIC registration
Get online experts’ assistance from Online Legal India while registering for ESIC. Based on the Employees State Insurance (ESI) Act, 1948, this self-financed, social safekeeping, and health insurance scheme was introduced for all the Indian workers. ESIC provides medical care for the employees registered under the very Act. It also grants financial backing to employees having difficulties earning wages due to medical illness. The family members or dependents of the employee get claims from ESIC as well. Online Legal India provides all kind of online assistance to be registered with the ESIC.
Documents Required
- Registration certificate (GST Certificate, COI)
- Address Proof (Electricity Bill, Telephone Bill)
- PAN Card
- Cancelled cheque (for authentication of bank details)
- Digital Signature of any Director of the organization
- Partnership deed for partnership firm
Important Points
The finance of ESI scheme comes from both employees and employers. Every month, 4% of the ESI contribution will be deposited to the ESIC fund. The employers are required to contribute 3.25% and employees give 0.75% of their payable wage.
So, 4% of the total contribution is as below:
| Employers | Employee |
|---|---|
| 3.25% | 0.75% |
Frequently Asked Questions
- Employees’ State Insurance Scheme of India is a social security scheme aimed to provide socio-economic protection to the ’employees’ in an organization in case of sickness, disablement and death due to an injury incurred in employment.
Yes, it is mandated by Section 2A of the ESI Act, 1948, for every employer to get registered under ESI scheme within 15 days of the day of applicability to them.
The specified employer is supposed to sign up, providing all the necessary details such as establishment name, address, employer’s name etc. After signing up, they will get login id and password which will give you access to the ESIC portal. After that the employer will get a code number for further reference.
It is a 17 digit unique identification number allotted to each organization registered under the provisions of the ESIC Act. After all the necessary details submission, this number is generated.
An employer who fails to pay within the stipulated time is required to pay penalty at 12% interest rate per annum for each delayed a day.
Penalty
- In case of not fulfilling the requirements of ESI Registration and ESI Returns, the employer would be liable for a fine of INR 10,000.
PF Return Filing
In India, PF registration is mandatory for employers who have more than 20 employees in their organization. The contributions for Provident Fund are made both by the employer and the employee every month. EPF expert team of Online Legal India will help you to file error-free EPF return before meet the due date.
Documents Required
- Account number
- Name of employee
- Name of the father or husband.
- Date of leaving service
- Reason for leaving service
Due date for Filing PF Returns:
- The due date for Monthly Challan remittance to Bank for PF is 15th of Every Month
- The due date for Monthly PF returns is 25th of Every Month
- The due date for yearly returns is 30th April every year
Penalty
Delay in payment of PF by employer having PF registration will attract penalty as follows
| Period of Delay | Rate of Penalty (p.a.) |
|---|---|
| Upto 2 months | 5% |
| 2 – 4 months | 10% |
| 4 – 6 months | 15% |
| Above 6 months | 25% |
Frequently Asked Questions
- All employers who have PF registration are necessary to file returns on a monthly basis. The filing of returns has to be done by the 15th of each month through unified portal. During the working tenure, employee and employer both contribute 12 % of the basic salary of employee into EPF account.
The employers who have PF registration madatory file returns on a monthly basis. The filing of returns must be completed each month. The forms used for filing these returns are- Form 3A and Form 6A.
All employers having PF registration are responsible to file returns on a monthly basis. The filing of returns must be completed by the 15th of each month through unified portal. During the working tenure, employee and employer both contribute 12 percent of the basic salary of employee into EPF account.
Yes, it is mandatory to have an EPF account by the employer for the employees who have a basic salary plus dearness allowance is up to Rs. 15,000. And those who are earning beyond Rs. 15,000 is not compulsory but may contribute voluntarily.