The Punjab Professions, Trades, Callings and Employments Taxation Act, 1956
The Punjab Professions, Trades, Callings and Employments Taxation Act, 1956
This Act regulates the levy and collection of an annual professional tax on individuals, companies, and Hindu undivided families engaged in any trade, profession, calling, or employment within the territory. It requires eligible taxpayers or their employers to pay or deduct the tax based on their total gross income from the previous year, subject to a statutory cap of two hundred and fifty rupees. Members of the Armed Forces are exempt. The law matters because it establishes a structured mechanism for local revenue generation, empowers authorities to assess incomes and recover unpaid taxes, and provides procedural safeguards including appeals and revisions for taxpayers.
- 1. Short title, extent and commencement
- 2. Definitions
- 3. Levy of tax
- 4. Rate of tax
- 5. Determination of tax
- 5-A. Act not to apply to Armed Forces
- 6. Recovery of tax as arrears of Land Revenue
- 7. Deduction of tax from certain servants
- 8. Power to compel attendance for giving evidence or to call for documents
- 8-A. Offences and Penalties
- 8-B. Income escaping assessment
- 8-C. Power to recover penalty where tax not paid within time
- 9. Appeal and revision
- 9-A. Proceedings before authorities under the Act to be judicial proceedings for certain purposes
- 9-B. Power to exempt
- 10. Bar to civil and criminal suits
- 11. Power to make rules
PDF: pending for this language.