The Karnataka Tax on Professions, Trades, Callings and Employments (Removal of Difficulties) Order, 2023
Contents News/Article Date: 6th May 2023
Relating to which Act: The Karnataka Tax on Professions, Trades, Callings and Employments (Removal of Difficulties) Order, 2023 read with the Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976,
Penalty under the Act: The Karnataka state government levies a penalty for late payment of professional tax. A 1.25% penalty is imposed in such cases. The maximum penalty applicable is 50% of the total outstanding amount.
Applicable to which State: Karnataka
Type: Government of Karnataka, Karnataka Government Secretariat, No. FD 06 CPT 2023 issued by Under Secretary to Government, Finance Department CT 1.
Pertains to: Every employer registered under the Act
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And in this instance: NOW, THEREFORE, in exercise of the powers conferred by section 34 of the Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976, the Government of Karnataka, hereby makes the following Order, to remove the difficulties, namely: –
- Short title. -This Order may be called the Karnataka Tax on Professions, Trades, Callings and Employments (Removal of Difficulties) Order, 2023.
- For the removal of difficulties, the following are that, –
(1) In section 6-A of the said Act, in sub-section (1), after the proviso, the following proviso shall be inserted, namely: –
“Provided further that for the month of April 2023, the statement shall be submitted on or before 31st day of May, 2023.”
(2) In section 10 of the said Act, in sub-section (2), the following provision shall be inserted, namely: –
Provided that for the Financial year 2023-24, in respect of person who stands enrolled before the commencement of the said year, the payment of the amount of tax due shall be paid before 31st day of May, 2023
Subject: The Karnataka Tax on Professions, Trades, Callings and Employments (Removal of Difficulties) Order, 2023.
Attached is the notification