The Punjab State Tax on Professions, Trades, Callings and Employment Act, 1977 — commonly known as the Profession Tax Act — levies tax on professions, trades, callings, and employment. It extends to the whole state of Punjab.
Applicability
The Punjab Professions and Trades Tax Rules, 1977 came into force immediately upon notification.
Key definitions:
- Act: The Punjab Finance Act, 1977
- District Officer / Director, Excise and Taxation: An officer appointed by the Government to carry out the duties of this role in a specified area
- District Officer / Excise and Taxation Officer (or Deputy): An officer appointed to discharge these functions in a specified area
- Drawing and Disbursing Officer: The officer from whom a person serving under the Government of Punjab (or Government of Pakistan) draws their pay
- Form: A form appended to these Rules — including a statement or communication on plain paper containing the same particulars
- Principal Officer: The Secretary, Treasurer, manager, agent, or executive officer of a local authority, company, body, or association — including any local representative whom the District Officer / Excise and Taxation Officer has formally notified of intent to treat as the principal officer
- Tax: The tax payable under Section 3 of the Act
- Treasury: A treasury, sub-treasury, or authorized bank branch in Punjab that receives payments on the Government’s behalf
- Year: The financial year running from 1 July to 30 June
References
- Punjab State Development Tax Act, 2018: View PDF
- Punjab State Development Tax Rules, 2018: View PDF
- Clarification on PSDT by Finance Dept. (27 July 2020): View PDF
- Punjab State Development Tax (Amendment) Rules, 2021: View PDF
- Punjab State Development Tax (First Amendment) Rules, 2022: View PDF
- PSDT FAQs: View PDF
- PSDT Registration Manual: View Document