Sindh Professional Tax

Sindh Professions, Trades, Callings & Employment Tax, Sindh Professional Tax

Professional Tax

The Professional Tax is a Provisional Levy, which is applicable on any business, establishment, profession or employment in Sindh Province.
It is a yearly tax which is paid in advance before 31^st August of every year.
The Professional Tax is based upon the Annual Turnover in case of individual business and partnership firms.
The Professional Tax based on paid up capital in case of company.
The Professional Tax is also applicable on employees as well but only taxable employees.
The Excise & Taxation (E&T) Department is the collecting authority of the said levy.

Categories	Particular	Rate of tax (per annum)
1	All persons assessed to Income Tax
	All persons engaged in any profession, trade, calling or employment, other than those mentioned hereinafter and assessed to income tax in the preceding financial year.	Rs. 150/-
2	All Limited Companies with paid up capital & reserve
	All Limited Companies, Modarbas, Mutual Funds, and any other body corporate with “paid up capital” or “paid up share capital and reserve” in the preceding year whichever is more:-
	(i) not exceeding Rs. 10.0 million	Rs.10,000/-
	(ii) exceeding Rs. 10 million but not exceeding Rs. 25 million	Rs.15,000/-
	(iii) exceeding Rs. 25 million but not exceeding Rs. 50 million	Rs.20,000/-
	(iv) exceeding Rs. 50 million but not exceeding Rs. 100 million	Rs.50,000/-
	(v) exceeding Rs.100 million but not exceeding Rs. 200 million	Rs.75,000/-
	(vi) exceeding Rs.200 million	Rs.100,000/-

Categories	Particular	Rate of tax (per annum)
3	All establishment other than limited companies with Annual Turnover
	Holders of import or export licence, owners od industries, factories and commercial establishments; contractors engaged in construction work of supplying goods or providing services or labour ;all wholeseller and agents stockists agency holders’ engaged in selling or buying goods or services for others as owners or on commission basis, medical and legal practitioners, auditors, accountant, architects, car dealers, real estate agents, video shop and any other persons providing professional services and shops assessed to income tax in the proceeding year with the turn over :-
	(i) not exceeding Rs. 0.5 million	Rs. 500/-
	(ii) exceeding Rs. 0.5 million but not exceeding Rs. 5 million	Rs.1,500/-
	(iii) exceeding Rs. 5 million but not exceeding Rs. 25 million	Rs.2,500/-
	(iv) exceeding Rs. 25 million but not exceeding Rs. 100 million	Rs.5,000/-
	(v) exceeding Rs. 100 million but not exceeding Rs. 500 million	Rs.10,000/-
	(vi) exceeding Rs. 500 million but not exceeding Rs. 1000 million	Rs.30,000/-
	(vii) above Rs. 1000 million	Rs.100,000/-

Categories	Particular	Rate of tax (per annum)
4	Establishments not assessed to Income Tax
	All factories, shops or establishments including video shops, real estate/agencies land car dealers not assessed to income tax in the preceding financial year.	Rs.500/-
5	All petrol pumps with commission earned	Rs.2,500/-

Before 31^st August of every year, the assesse is required to provide the Declaration Form under Self-assessment.
On the basis of Declaration Form, the concerned ETO will issue the Professional Tax Challan for the payment.
The PT Challan will be deposited into the designated branches of NBP.
After payment of Tax, the concerned ETO will issue the clearance / payment certificate that the required tax has been collected from the assessee.

In case of default, the ETO has power to impose the penalty not exceeding the amount of unpaid tax, means upto 100% of the principal tax.

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