Taxpayers with estimated tax liability of over Rs 10,000 in a financial year are required to pay advance tax during the same ...

The due date for filing the final advance tax installment for the fiscal year 2024–2025 ends today, March 15, 2025. This ...

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 ...

Advance tax is the income tax that individuals and businesses have to pay in installments throughout the financial year, rather than paying it in lump sum at the end of the financial year. It is also ...

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or ...

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.

Citizens can receive additional discounts — 1% for online payments and 2% if they have paid advance tax online for the last three consecutive years. In 2024-25, the AMC provided a 10% rebate for ...