Ptec applicable to llp

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WebThe act is applicable to whole state of Maharashtra and has came into effect from 1 ... Company, Limited Liability Partnership (LLP), Trust, Society, Club or Association etc. Definitions under Maharashtra State Tax on Professions, Traders Callings and ... (PTEC) holder. E-payment facility is available for PTEC holders. B) Profession Tax ...

PTRC and PTEC Registration in Maharashtra - TaxGuru

WebJun 3, 2024 · Go to site www.mahagst.gov.in. Click on e-payment tab and select the option – PTEC OTPT payment as shown below. 3) Select – Make a new OTPT payment. And put 11 digits PTEC TIN . 4) Select the correct Schedule Entry. Select years minimum 3 years and Maximum 35 years. Location & Mobile No. and then click on proceed. WebMar 16, 2024 · Both PTEC and PTRC are needed by a regular company to pay its own professional duty, as well as the professional duty for all its workers as is applicable. But, … fingerhut rugs on clearance

Know Everything About Profession Tax in Karnataka - Patson Legal

WebRegarding professional tax payment, For company own existence and getting engaged in the business/profession, the company will have to obtain PTE no. and pay Rs. 2500 annually. For directors, if they are being paid salary and not professional fees, the company will have to obtain PTR no. and deduct Rs.200 per month ( Rs.300 for February month ... WebMay 3, 2024 · However, this exemption would be applicable only for a period of 2 years from the date when the concerned professional joined his work. ... Hi. I have newly registered a … WebOct 29, 2024 · PTEC stands for Professional Tax Enrollment Certificate and PTRC is Professional Tax Registration Certificate. PTEC permits to pay the professional tax of the business entity (Private Ltd, Public Ltd, OPC, etc) and also of the owner or professional (sole proprietor, partner, director, etc). Whereas, the function of a PTRC is to permit the ... e. r. wagner manufacturing company

Profession Tax Provisions in Maharashtra with PT Rate Chart

WebRegistration due date: It is mandatory to obtain a PTEC registration within 30 days from the date of incorporation or commencement of business or practice, i.e. you must apply for PTEC within 30 days of obtaining an S&E license, Certificate of incorporation, Service Tax RC, Sales Tax RC, etc. WebJul 16, 2024 · 2. Applicability of PTEC and PTRC: Applicability of PTEC: Every person who is engaged in any profession (business or service) excluding that of Partnership firm or HUF … e.r. wagner manufacturing companyWebJun 3, 2024 · Go to site www.mahagst.gov.in. Click on e-payment tab and select the option – PTEC OTPT payment as shown below. 3) Select – Make a new OTPT payment. And put 11 … erwain thai erie blvd

"WebFeb 18, 2024 · PTEC permits to pay professional tax of the business i.e. for Private, Public, OPC, LLP . In other words, PTEC allows the Business to pay profession tax of the business entity and the directors ... " - Ptec applicable to llp

Ptec applicable to llp

WebTo whom PTRC and PTEC would be applicable? The PTRC is to be obtained by every person who is liable to deduct profession tax of any employee whose monthly salary is above Rs. 7500. The PTEC is to be obtained by every person (excluding Partnership firm or HUF) who are engaged in their own business after the incorporation or commencement of business. WebDec 11, 2024 · Limited Liability Partnership (LLP) is a somewhat new sort of business element presented in India through the LLP Act, 2008. LLPs are generally famous among independent companies and with late unwinding of FDI rules identifying with LLP, the interest to register a LLP among NRIs and Foreign Nationals has additionally expanded. In …

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WebMar 28, 2024 · Both PTEC and PTRC are required by a regular company to pay its own professional tax, as well as the professional tax for all its employees as is applicable. But, … WebLLP Registration. One Person Company. Public Limited Company. Section 8 Company. Nidhi Company. Business Registration License. Indian Subsidiary Registration. ... PTEC & PTRC Registration. PF Registration. ESIC Registration. PF Return Filing. Legal Services. Legal Help. Online Legal Advice. Legal Notice. Advice on Divorce.

WebJan 10, 2024 · 1 Dated: 1-10-2024. By:- MARIAPPAN GOVINDARAJAN. Professional tax is exempted in Maharastra for the senior citiezens of age more than 65 years and for physically handicaped persons having 40% disability or parent of a physically disabled or mentally retarded child, irrespective of their income. 1. WebJan 6, 2024 · A Limited Liability Partnership (LLP) is a partnership which, by registering with the Secretary of the Commonwealth, limits the personal liability of a partner for: A partner …

WebDec 25, 2013 · Profession tax for llp. In case of LLP (Limited liability Partnership, who is required to take PTEC? the LLP & partners both or only partners will do? 25 December 2013 The LLP will have to take the registration. 25 December 2013 LLp and not ind partners need to take registration for PTEC. 26 December 2013 what about partners of LLP? WebJan 24, 2024 · I have a query regarding PTEC registration for Designated partners in LLP I have LLC firm with 2 partners I already registered for PTRC and PTEC on company name …

WebMar 27, 2024 · PTEC of a person who is a foreigner partner. rutuja prabhune (78 Points) 27 March 2024. Is PTEC applicable to a person who is foreigner and a partner of a LLP and is PTC applicable to a LLC form in a foreigne and has its 99% stake in LLP in India.

WebFeb 18, 2024 · PTEC permits to pay professional tax of the business i.e. for Private, Public, OPC, LLP . In other words, PTEC allows the Business to pay profession tax of the business … er waiting times haymarket vaWebPTEC – PTEC stands for Professional Tax Enrollment Certificate. PTEC has to be paid by business entities (like Private Ltd, Public Ltd, OPC, etc), and also by owner or professional (sole proprietor, partner, director, etc). PTRC– PTRC … fingerhut scaleWebOct 25, 2024 · PTEC stands for Professional Tax Enrollment Certificate and PTRC is Professional Tax Registration Certificate. PTEC permits to pay the professional tax of the … er wagner menomonee falls wiWebMar 22, 2024 · Both PTEC and PTRC are required by a regular company to pay its own professional tax, as well as the professional tax for all its employees as is applicable. But, in case the Company and LLP does not have any payable employee then it will only require … er wait mary washingtonWebDo your PTEC and PTRC registration online in a few simple steps at a nominal cost under the guidance of the P-tax experts of Online Legal India. 8069029594. ... What is the … erw airless bicycle tiresWebProfessional tax is a small but significant compliance requirement for all businesses in India. V. Purohit & Associates can help set-up and manage the end-to-end Professional … er wait time ontarioWebMar 16, 2024 · Yes, in Maharashtra its required to be registered under PTEC. 1 Like. kohinoor stone (2 Points) Replied 09 June 2024. In Maharashtra PTEC applicable for employee in partnership firm. GSTSTO C915 (2 Points) Replied 16 March 2024. IN MAHARASHTRA STATE AS PER INDIAN PARTNERSHIP ACT 1932 REG OR UNREGISTERED FIRM LIABLE … er wait times advent health