Advance Tax
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India
Finance Ministry issues corrigendum to Income Tax Bill on advance tax interest
The amendment specifies a 3 per cent interest rate on such shortfalls, bringing the clause in line with provisions under…
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Pan India
Advance Tax Alert: Salaried Employees Don’t Need to Pay Unless Financial Situation Changes – Details Inside
Advance tax is applicable to taxpayers whose total tax liability exceeds Rs 10,000 in a financial year. However, salaried individuals…
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India
Tax Deadline Alert! Pay Your Last Advance Tax Instalment on or Before This Due Date to Avoid Penalties
The last installment of Advance Tax for the financial year 2024-25 is due by March 15, 2025. The Income Tax…
