Labour Tax
Labour Tax
Taxes on labour are taxes and contributions which are lived on earnings from labour or which have to be paid due to the fact that labour is employed. Businesses are having legal responsibility in complying with labour tax compliances such as PT, ESI, PF.
Provident Fund(PF): PF registration is applicable for all the businesses whose employees are more than 20.
Professional Tax(PT): Professional is tax levied and collected by the state government in India. It is an Indirect Tax. Professional Tax is applicable for the business and self employed professionals such as Charted Accountant, Company Secretary, lawyer, doctor etc.
Employee State Insurance(ESI): ESI is applicable for all the business whose employees are more than 10.