Labor Regulations, Welfare & Social Security

Profession Tax

As profession tax varies from state to state (it is not imposed by all State Governments), in order to get an overview, we will discuss the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975. An employer must register under the Act and obtain a registration/enrollment Certificate under which the payment in respect of taxes can be deducted from employees’ salaries (currently up to a maximum of INR 2,500 per year). In Maharashtra, profession tax is applicable to both individuals and organizations (a company, firm, proprietary concern, Hindu Undivided Family (HUF), society, club, an association of people, corporation, or any other corporate body in Maharashtra).

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Manik Abbott
Director
Strategic Initiatives Management
(Greenfield, Market Research and Special Projects)

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