Form 5A - Monthly Profession Tax Statement

Every employer registered under the Profession Tax Act is required to furnish a statement in Form 5A every month showing the salary and wages paid to employees and the amount of tax deducted.

In case of salary or wage earners whose salary or wage for a month is not less than Rs.10,000, the employer is liable to deduct Profession Tax payable under this Act. It is the responsibility of the employer to deduct tax and pay on behalf of all such employees within 20 days of expiry of the month. If the amount of tax deducted in a month is less than Rs.5,000, the employer could opt for payment of such tax within 20 days of expiry of a Quarter. Quarter means period ending 31 May, 31 August, 30 November, and 28/29 February

References

Now, payment online at e-PRERANA

How to file Form 5A online at ePRERANA

Compliance Calendar
There are so many HR compliances to be taken care of every month, throughout the year. Check out our comprehensive calendar to stay on top of your game!

Discuss business needs, find out pricing or get a demo. We would love to talk.

  • Product
  • HR Software
  • Payroll Software
  • Leave Management
  • Attendance Management
  • Performance Management
  • Employee Self Service
  • Employee Engagement
  • Unite Marketplace
  • Recruitment Software
  • greytHR Service Status
greytHR-logo
GDPR Compliant certification badge
Soc2 certification badge
ISO Certification Badge
WhatsApp LogoMessage us on WhatsApp
© 2024 Greytip Software Pvt. Ltd.
Privacy PolicyTerms of Use
India
FacebookTwitterLinkedInInstagramYouTube