What we do
Our work in this practice group is structured around the records, deadlines, and decisions involved:
- Legal authorization to deduct professional tax from employee monthly pay slips.
- Absolute protection against departmental show-cause notices and statutory penalties under Section 5(5).
- Essential for corporate payroll compliance, statutory audit clearance, and PF/ESIC coordination.
- Accurate wage slab deduction prevents employee disputes and payroll reconciliation mismatches.
- Enables filing of statutory monthly/annual Form III-B returns on the Mahagst portal.
- Transparent documentation support for commercial bank loans and vendor empanelment.
How the engagement works
Under Section 5(1) of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975, every employer liable to pay tax under Section 4 must obtain a Certificate of Registration within 30 days of employing staff. Under Section 8, the employer is personally liable for remitting the deducted amount within the prescribed time (monthly or annually depending on liability thresholds).
Scenario 1: A business hiring its first employee in Maharashtra whose monthly gross salary exceeds the exemption threshold (₹7,500/₹10,000).
Scenario 2: An IT startup or corporate opening a branch office or development center in Pune or Mumbai and onboarding local talent.
Scenario 3: An existing firm undergoing a statutory audit or due diligence finding that employee PT was deducted without an active PTRC number.
Scenario 4: An employer receiving an inspection notice or intimation from the Maharashtra State Tax Department regarding non-registration.
Scenario 5: A company transitioning from payroll outsourcing to in-house HR software requiring formal PTRC credentials for monthly e-challan payments.
Payroll & Threshold Evaluation
We review your employee headcount, monthly wage structures, and apply the correct Maharashtra PT slab exemptions (including gender-based exemptions where applicable).
Document Collation & Verification
We organize business incorporation proofs, registered office utility bills, director/proprietor KYC, and bank account proofs for statutory filing.
Mahagst Employer Registration
We draft and file the online Form I application on the Mahagst portal and ensure correct tagging of the jurisdictional PT circle office.
General questions
01When does an employer need to register for PTRC in Maharashtra?
Within 30 days of hiring any employee whose monthly salary exceeds the statutory exemption limit under the Maharashtra State Tax on Professions Act.
02What are the current professional tax slabs for employees in Maharashtra?
In Maharashtra, male employees earning up to ₹7,500/month pay Nil; ₹7,501 to ₹10,000 pay ₹175/month; above ₹10,000 pay ₹200/month (and ₹300 in the month of February, totaling ₹2,500/year). For female employees, gross salary up to ₹25,000/month is exempt from professional tax.
03Can a company have both PTEC and PTRC?
Yes. Most companies, LLPs, and employer firms have both: PTEC for their own corporate tax liability, and PTRC for deducting and depositing taxes of their employees.
04What is the due date for remitting PTRC tax?
For employers with an annual tax liability of ₹100,000 or more, returns and challans must be filed monthly on or before the last day of the succeeding month. For employers with liability below ₹100,000, returns are filed annually by 31st March.