PF Return
Are you engaged in a Profession or simply a salaried employee? Know the compliances to be met relating to Profession Tax and its payments.
Profession Tax Return
Profession Tax is a tax levied by the State government and the due date for filing Profession tax returns and its payment is also decided by the State where the business is located or where the individual resides. Failure to meet the due dates may attract Penalty as decided by the respective state government.
The enrolled employers have to submit Profession Tax return annually. They can submit their return electronically as well through offline mode. Late filing shall attract a penalty of Rs. 200/- for the first month and Rs. 100/- per month for each subsequent month or part of the month of delay. It is to be noted that the enrolled persons need not file any return
The due date for filing Profession Tax return varies from state to state.