New
Published on:
January 30, 2023
By
Shreeja Ray

e-Prerana: Benefits and Registration Process

In accordance with the Karnataka professional tax slab rates, professional tax (PT) is owed by every person (natural or legal) who engages in any trade, profession, calling, or job within the State of Karnataka. The State of Karnataka collects professional tax under the Karnataka Tax on Professions, Trades, Callings and Employment Act, 1976. Furthermore, a certificate of enrolment should be obtained by everyone who must pay professional tax.

An online system called e-PRERANA (Profession Tax Enrolment Registration and Administration) is used to enroll professionals and employers who must pay professional tax in the state of Karnataka.

Services Available on e-Prerana Portal

1. Enrolment application.

2. E-Payment.

3. Enrolment application print.

4. Enrolment certificate.

5. Enrolment acknowledgement.

6. Registered users login.

7. New Registration Certificate (RC) request.

8. New RC request status.

Enrolment of Professionals on e-Prerana Portal

The procedure to submit a Form 4-A annual return or to request an amended enrolment certificate is as follows:

1. Go to the e-Prerana website.

2. On the webpage, beneath "e-Services," select "Enrolment Application."

3. On the following page, select "Enrolled" for the enrollment category.

4. Choose your company's legal structure and the fiscal year for which you are submitting a tax return, paying taxes, or applying for a renewed enrolment certificate.

5. The EC (Enrolment Certificate) number must be entered. The system checks the certificate number against the database and automatically fills in the certificate holder's name and address.

6. Choose the PT office, the return type, the class of the person, and the grounds for the requested revision before clicking the "Next" button.

7. By using the PT schedule as a guide, enter the appropriate tax that applies to you and press the "Next" button.

8. After that, choose the payment method by selecting "e-Payment" or "Cheque/DD/Cash/Challan" and pressing the "Submit" button.

Payment of Professional Tax – Offline Method:

In the event that a customer chooses an offline method of payment, such as a check or a money order, you will be required to provide certain information, including the amount, the date, the cheque number, and the MICR code. Now, select the "ADD" button. The pertinent information will be displayed toward the bottom of the page. Now, select the "Submit" option from the menu. It is anticipated that a "PRN Number" will be produced.

Pay a visit to the PT office in charge of your jurisdiction, bringing the one-of-a-kind PRN number with you, and personally hand over the check, DD, cash, or challan. The responsible PT Officer is required to provide an acknowledgment of receipt.

The individual will be able to obtain the enrolment certificate and the acknowledgment through the web as soon as the instrument, such as a check, a demand draft, cash, or a challan, has been submitted and acknowledged by the PTO with jurisdiction over the individual's place of residence and the instrument's type.

Persons Eligible For Enrollment

The Form 4-A cand return application may be submitted by any of the following people.

1. Applicants who are responsible for enrollment may submit an online application.

2. Individuals who are already enrolled but are required to pay revised tax in accordance with the Act's Schedule may additionally need to submit an online application for a revised enrolment certificate.

3. The people who have already registered and are required to pay taxes in accordance with their enrollment certificate may submit their annual return in Form 4-A online.

Exemption

1. If an employee has been working for the company for fewer than 120 days, the employer is not permitted to deduct or pay any professional tax on the employee's behalf.

2. When an employee reaches the age of 65, they are exempt from paying any kind of professional tax.

3. By virtue of the notification that was issued by the government, certain categories of employees, such as people who only have one child, people who are physically handicapped, combatant members of the armed forces, etc., are also exempted. However, these exemptions are subject to the terms and conditions that were outlined in the relevant notifications.

Suggestions:

KVIC: Khadi & village industries commission, India Currency rates

Suggestions



Composition Levy Scheme in GST- All You want to Know
Parental Corporate Guarantee: Is it a Landmine for Corporates GST Implications?
Kerala Jewellers Association Pushes for Uniform Gold Tax Under GST

Updated on:
March 16, 2024