Ptec applicable to llp
WebNov 26, 2024 · Replied 25 November 2024. Every person who is engaged in any profession (business or service) excluding that of Partnership firm or HUF is liable to pay a … 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.
Ptec applicable to llp
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WebBoth 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 to pay PTEC and not PTRC and pay for Directors and Partners . Applicability of PTEC and PTRC: WebMar 12, 2024 · This is applicable to all LLP , business and Companies. Is PTEC compulsory for GST Registration ? Yes, any Business or Profession operating for profit motive in …
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 ... 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 ...
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. 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 …
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, …
WebMar 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 … holding key fob to headWebFeb 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 ... holding jumper cablesWebApr 28, 2024 · Hi I want to cancel PTEC of proprietor 1st case as well as partners of LLP 2nd case What is the procedure to do the same I can see online cancellation of PTRC a ... In this context, same rule is applicable to proprietor and directors, if PTE is applicable to them in your state. The term Induction of new partner and outgoing partner, please do ... hudson ny property taxWebApr 1, 2024 · The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (Profession Tax Act) applies to whole of State of Maharashtra and has come into operation from 1-4-1975. The Tax is levied and collected subject to the provisions of Article 276 of the Constitution of India for the benefit of the State. II. hudson ny reWebRegistration 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. hudson ny river cruiseWebMar 13, 2024 · Employers can collect the tax from their employees, or deduct it from their monthly salaries and then pay it as a whole. The employer can collect all these deductions and then pay it up together to the State government. However, if they fail to do so, even after collecting deductions from their employees they will have to face penalties. hudson ny school tax billsWebMar 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 … holding klimaticket