SGCMS - Your Partner in Professional Tax Compliances
At SGCMS, we understand the complexities and nuances of tax regulations that businesses and individuals face today. Our dedicated team of experts is here to provide you with top-notch Professional Tax Compliances services that ensure you remain compliant with the ever-evolving tax landscape. With years of experience and a deep understanding of tax codes, we are committed to helping you navigate the intricacies of tax regulations while maximizing your tax efficiency.
Professional Tax Act
The professional tax is the amount of tax collected by the State Government of India. Any individual who is working and earning income from salary, business or any kind of profession is liable to pay "Tax". Different states in the country have different rules in the collection of the amount as per the (State) Professional Tax Act.
Professional Tax Slab
The Professional Tax is similar to income tax, however, the income tax is collected by the Central Government whereas, Professional Tax is collected by the State Government. At the beginning, when this law was first introduced, Rs. 250/- was the maximum amount to be collected in 1949,, but the slab was soon increased to Rs. 2,500/- by the year 1988.
Since the last few years, the State Government is pursuing the Central Government to increase the maximum limit of the professional tax slab but, it is yet to be implemented. The amount of deduction as per the Tax Act Professional differs in the different states of India.
Assistance Provided By The SGC Management Services Pvt. Ltd. In (State) Professional Tax Act
We offer a complete 360-degree service to all kinds of requirements of a business. Being the best service provider for HR and Payroll processing, we deliver the best services and consultations.
Our expert and dedicated professionals provide all kinds of required assistance and service like
- Maintenance of the following records as per the (State) Professional Tax Act.
- Complete formality to register the business under the applicable Professional Tax Act along with obtaining a license.
- As per the slab provided by the respective Professional Tax Act, we complete the formality of deduction of monthly/quarterly/ half yearly and annual professional tax.
- Depositing the professional tax return along with challan as per the given format.
- Providing regular updates and changes in the amendment under the (State)Professional Tax Act.
Why SGC Management Services Pvt. Ltd.
Experience: - We are operating in the field for over 38 years. Thus, with an experience of over 3 decades, we deliver the best services to our clients.
Expert Staff: - Our team consists of over 45 experienced and professional staff. They are dedicated towards their field of expertise to provide the best solution.
Delivery: - We are completely professional with our jobs and responsibility. Thus, we know the importance of time. With the assistance of our expert staff members and advanced infrastructure, we always provide our services in due time.
Customer Service: - We have a dedicated 24/7*365 days server for employee self-service (ESS) Portal.