Professional Tax in Goa Table of Contents
The professional tax is imposed by the state government of India upon working professionals, such as salaried individuals, self-employees, freelancers, and business professionals. Anyone who generates revenue in a state where professional tax is applicable is supposed to pay the professional tax. Not all states of India levy professional tax on individuals’ earnings. Union territories and some states of India are exempt from collecting the tax.
The guidelines, eligibility, penalty, and taxable amount vary according to state norms, but the central government states the maximum taxable amount as Rs. 2500/—per year. The sum of the tax amount should not exceed Rs. 2500/-. The Goa State Tax on Professions, Trades, Callings, and Employments Act, 1975, regulates the Decree of Professional Tax in Goa.
Professional Tax Applicability in Goa
Professional tax is applicable for all income-generating individuals, but the eligibility criteria are fixed by the state government according to their norms. It is different from state to state. According to the eligibility slab of Goa, eligible working individuals have to pay the tax based on their income range. Here are the eligibility criteria for professional tax stated by the government of Goa.
- Individuals who earn above the minimum wage stated in the eligibility criteria.
- Businesses with more than Rs.50000/- per month must file monthly professional tax returns on or before the last date of each month.
- Businesses that earned less than Rs. 50000/—in the last year must pay professional tax returns annually on or before March 31st.
- If any errors in the forms are included or submitted with missed documents, the professional tax must be filed again.
Professional Tax Slab Rates in Goa
The professional tax slab is different for each state. If you are working in Goa and want to check your eligibility and taxable amount corresponding to your salary range, kindly check the below slab. If your salary range is below 7500/-, you are exempted from paying professional tax to the state government of Goa.
| Sr No. | Income Range | Taxable amount |
|---|---|---|
| 1 | Below ₹7,500 | Nil |
| 2 | ₹7,501 to ₹10,000 | ₹175 |
| 3 | More than ₹10,000 | ₹200 for every month except February and ₹300 for February. |
How Is a Professional Tax Collected in Goa?
The state sales tax department of Goa collects professional tax from the people. Individuals who are eligible to pay professional tax have to visit the official website of the state sales tax department of Goa, where they can find the professional tax section. In that section, they can pay the tax corresponding to their income range. The Goa government’s professional tax slab clearly states the tax payable and income range.
Professional Tax Filing Date in Goa
The due date to pay professional tax in Goa is almost the same as in the other states. If you register for professional tax on or before May 31st, you have to pay the tax on or before June 31st of the year. If you register after May 31st, you are subject to paying the tax within one month online. If one fails to pay the professional tax on time or does not pay for the long term, they are subjected to pay the penalty levied by the state sales tax department of Goa.
Professional Tax Registration in Goa
Individuals eligible for professional tax must register with the state’s sales tax department. This can be done on the official website. The steps involved in registration are listed below.
- To pay professional tax, one must fill out Application Form 1 within one month of becoming an eligible candidate.
- After this, the candidate receives an acknowledgment with a date and time for further registration.
- Required documents like Memorandum Of Association and Incorporation Certificate, Articles Of Association, and ID proofs.
Moreover, the Goods and Services Tax (GST) in Goa is crucial for business professionals to understand in addition to the Professional tax. The GST rates vary at different slab rates, including 5%, 12%, 18%, and 28%. Some exemptions from GST are also available in Goa. Business professionals must avoid penalties and legal consequences and align with professional tax and GST.
Conclusion
Professional tax in Goa is liable to all working individuals. It is applicable in nearly 17 states of India and is collected directly by the state government alone. The eligibility criteria and tax slab are varied for all states, but the maximum taxable amount is Rs. 2500/—, as stated by the central government.
As an income-generating individual in a state, one has to check their eligibility on the state’s sales tax department’s official website. You may be eligible to pay professional tax if you work and earn money in Goa. You can check your eligibility and register if you are eligible on the official website.
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Frequently Asked Question
Does Goa Levies Professional Tax?
Yes, the state government of Goa levies professional tax on their income-generating individuals under the Goa State Tax on Professions, Trades, Callings and Employments Act, 1975.
Which Government Takes Professional Tax In Goa?
From 1987 onwards, Goa was considered a state of India. Like other states, it has separate laws and norms for all operations. The professional tax in Goa is collected by the state government.
Is Professional Tax Applicable in Goa?
Yes, Professional Tax is applicable in Goa. The entire process and collection of professional tax are regularized under the Goa State Tax on Professions, Trades, Callings and Employments Act, 1975. Individuals who earn more than Rs. 7,500/—can pay Professional Tax in Goa.
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