PTEC PTRC APPLICATION
The PTEC and PTRC are different certificates that are usually required by a business entity operating in India.
PTEC stands for Professional Tax Enrollment Certificate and PTRC is Professional Tax Registration Certificate.
PTEC permits to pay the professional tax of the business entity (Private Ltd, Public Ltd, OPC, etc) and also of the owner or
professional (sole proprietor, partner, director, etc). Whereas, the function of a PTRC is to permit the employer
(government or non-government) to deduct professional tax from the employee’s salary or wages and deposit
the same to the respective state government. A fully functional business entity commonly
requires both to conduct its business operations.
Obtaining a PTEC registration is mandatory within 30 days from the date of incorporation or start of the business or practice,
i.e; you have to apply for PTEC within 30 days of obtaining S & E license, Certificate of Incorporation, Service Tax RC, Sales Tax RC, etc.