I. Investing for tax deduction: Investors must invest before March 31 to be able to claim tax deduction for the financial ...
Advance Tax means paying your income tax in installments throughout the year, rather than all at once at the end of the year.
If you pay income tax and do not want to face any kind of penalty or notice, then this news is very important for you. The ...
Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...
Advance tax is applicable when the total tax liability for a financial year exceeds Rs 10,000. It is computed based on the estimated income for the year and paid in instalments as per the due dates.
Taxpayers can use different methods to pay their taxes through these banks, such as: ...
Those with an estimated tax liability of over Rs 10,000 in a financial year are required to pay advance tax during the year.
Advance tax for FY 2024-25 must be paid by March 15, 2025. The department emphasises that timely payment ensures compliance ...
From UAN activation to Updated ITR filing, several important personal finance deadlines are approaching in March, 2025. Read ...
We often hear about businesspeople or movie stars paying advance taxes amounting to crores of rupees. The deadline for paying ...
March 7, 2025, is the deadline for depositing Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for February ...