Professional tax is a form of tax levied on all people receiving a salary or practising a career such as chartered accountants, company secretaries, and physicians, among others.The Karnataka Tax on Professions, Trades, Callings, and Employment Act, 1976, governs the collection of professional tax in Karnataka. Professional tax is applicable to people in Karnataka who earn more than Rs 15000 per month in wages and salaries.
Documents required for Professional Tax registration in Karnataka
· Passport size photo
· Records of accounts
· Salary and payslip details
· A number of employees working.
· PAN (Permanent Account Number)