Professional Tax Registration is mandatory only for new companies incorporated in Maharashtra, Karnataka, and West Bengal. Shops and Establishment Registration is optional. Also, it is available only for new companies incorporated in Delhi. But, it is recommended to opt for registration as the website of the Labour Department will not provide the service to apply for First Time Registration. It is mandatory for all the new companies incorporated using SPICe+ to select a Bank for opening a current account. At present, many Banks are integrated with AGILE-PRO-S for opening a Bank account. Punjab National Bank, ICICI Bank, SBI, Kotak Mahindra Bank, Bank of Baroda, HDFC Bank, INDUS IND Bank, UBI Bank, and Axis Bank to name a few.