Objectives:

The Bihar Tax on Professions, Trades, Callings, and Employments Act, 2011 (Bihar Act No. 9 of 2011) serves as the governing legislation. Date of Effectiveness: April 1, 2011.It is administered by the Bihar government's Commercial Taxes Department. The revision of The Bihar Finance Act of 2019 was the last significant revision, and there were further notices until 2024.

Applicability:

It applies to Employers (to deduct taxes from wages), Salaried workers (those whose pay surpasses the exemption cap), Professionals and self-employed people such as, CAs, doctors, attorneys, engineers, and architects, Merchants, retailers, builders, and representatives and Partnership firms, LLPs, companies, etc. Anyone earning above 3 lakh per annum.

Key Provisions:

1. It is applied according to employment type.

2. All the individuals paying the PT should obtain the registration or enrolment.

3. Salaried employee has to pay the PT by every year on 30th of novemeber,

4. Registered individual should submit the periodic returns along with challan.

5. It is liability of employer to pay the PT on the behalf of employees.

Penalties and Compliance:

1. For any violation you have to pay penalty of Rs. 500 and on continuous offence Rs. 10 per days.

2. For late payment led to Rs. 100 fines.

3. It is responsibility of employer to pay the PT timely.

4. File the return and challan.

Recent Amendments