The Finance Department of Maharashtra, through a Gazette notification dated 6th June 2019, issued amendments to the Maharashtra State Tax on Professions, Trades, Callings and Employments Rules, 1975 (“Rules”), which is directed towards the employers registered under Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (“Act”), who are required to file annual or monthly return basis the tax liability of the previous year or a part of the year.
The earlier and amended position has been recorded in the table below:
| Earlier Position | Amended Position | Implications |
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Rule 11 (3) Every registered employer whose tax liability during the previous year or a part thereof—
(c) Was Rs 50,000 or more shall furnish a monthly return on or before the last date of the month to which the return relates. Such return shall contain the details of the salaries and wages and the arrears, if any, paid and the amount of tax deducted by him in respect of the month immediately preceding the month to which the return relates and the arrears, if any for any period preceding such month.
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Rule 11 (3) Every registered employer whose tax liability during the previous year or a part thereof—
(c) Was Rs 1,00,000 or more shall furnish a monthly return on or before the last date of the month to which the return relates. Such return shall contain the details of the salaries and wages and the arrears, if any, paid and the amount of tax deducted by him in respect of the month immediately preceding the month to which the return relates and the arrears, if any for any period preceding such month.
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Annual Return: The threshold to file the annual return has been increased to Rs. 1,00,000/- from Rs. 50,000/-.
Now, every registered employer whose tax liability during the previous year or a part thereof was less thatRs 1,00,000 will be required to furnish an annual returnon or before the 31st March, of the year to which the return relates.
Prior to the amendment the threshold amount to file an Annual Return was Rs. 50,000/-.
Monthly Return: The threshold to file the monthly return has been increased to Rs. 1,00,000/- from Rs. 50,000/-.
Now, every registered employer whose tax liability during the previous year or a part was Rs 1,00,000 or more will be required to furnish a monthly return on or before the last date of the month to which the return relates.
Prior to the amendment, the threshold amount to file a Monthly Return was Rs. 50,000/-.
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Source: Finance Department, Maharashtra
