THE MAHARASHTRA STATE TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1975 - NOTIFICATION
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Body Notification No. PFT. 2016/ CR. 20B/ Taxation-3. Dated 19th April, 2017

In exercise of the powers conferred by section 4B of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (Mah. XVI of 1975), the Government of Maharashtra, hereby specifies with effect from 1st April 2017 the class of persons in column (2), and the person liable to deduct the tax in column (3) of the Schedule appended to this notification in the manner specified in column (4) of the said Schedule.

Schedule

Sr. No	Class of Persons	Person liable to deduct the tax	Manner
(1)	(2)	(3)	(4)
1	Chief Agents, Principal Agents, Insurance Agents and Surveyors and Loss Assessors registered or licensed under the Insurance Act, 1938	Insurer registered under Insurance Regulatory and Development Authority of India Act, 1999.	(1) The Insurer in relation to the class of persons specified in column (2) shall deduct the amount of tax from the commission payable to said person which shall not exceed Rs. 2,500 per annum. (2) The tax so deducted under clause (1) above shall be paid on or before the last date of the month in which such deduction is made.

By order and in the name of the Governor of Maharashtra,

R. D. BHAGAT,

Deputy Secretary to Government