The Finance Department of Maharashtra recently issued the Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Rules, 2024, signaling significant changes. Among these amendments, Rule 32, which previously detailed criteria for exemption under section 27A for individuals with permanent physical disabilities and mental retardation, has been deleted. This rule previously outlined specific conditions… Read more »

The Government of Maharashtra vide notification No. PFT-1222/C.R.8/Taxation-3 has extended the last date of filing returns for employers, who could not pay taxes or upload returns due to technical difficulties of the automation system, under the Maharashtra State Tax on Professions, Trades, Callings and Employments Rules, 1975, from March 2022 to May 31st, 2022. Please… Read more »

Amendment of section 8 of Mah.XVI of 1975 Maharashtra Govt has made an Amendment in PTEC ( Profession tax of Employer ) @ Rs 2500 Per Year as per earlier it was 30th June of the said Year now it has been changed to 31st March of the Year necessary section as mentioned below In… Read more »

 The Government of Maharashtra vides notification no.PFT-1221/C.R.3/Taxation-3 has amended the Maharashtra State Tax on Professions, Trades, Callings And Employments Rules, 1975. As per the notification, for providing permanent account number or tax deduction and collection account number under rule 4A, it is added that when a company applies for a certificate of registration or enrolment, it… Read more »

Kindly refer to Trade Circular no. 4T of 2020 dated 19/03/2020. By this circular the whole of the late fee payable by the registered employer in respect of monthly or annual returns pertaining to periods up to March 2020 was exempted due to technical difficulties faced by the taxpayers subject to fulfillment of eligibility conditions. As… Read more »

As per circular dated 19th October 2018, the Office of the Commissioner of Professional Tax has clarified that the whole late fee payable by the registered employer in respect of monthly or annual returns pertaining to periods April 2016 to November 2018 is exempted subject to fulfillment of eligibility conditions mentioned, viz. :  (1) Any… Read more »

Dear employers As per  section  6(1)  of   the  Maharashtra   State   Tax  on  Professions,  Trades,  Callings and  Employments  Act,  1975  (the  Profession Tax  Act  1975), every  employer who  has obtained Profession Tax Registration Certificate (PTRC)under  the  Profession Tax Act, 1975  has  to furnish  return  in the  prescribed  format showing the  salaries  and  wages paid  by him … Read more »

Instructions for Profession Tax Registration Certificate (PTRC) TIN holder, regarding selection of period while making the payment.  a)            In the SAP-TRM based system PTRC e-returns are linked with the e-payment of respective period. MGSTD is receiving many complaints in respect of the problems faced by the employers while filling PTRC e-return. Major complaints mention that even… Read more »