March 15, 2025, was the last date for paying advance income tax for the financial year 2024-25. If you are also among those ...

Under section 208 it is obligatory to pay advance tax during the financial year in every case where the advance tax payable is Rs. 10,000 or more. Thus if the advance tax payable is less than Rs.

As the financial year 2024-25 concludes, taxpayers face critical tax-related deadlines today, March 31, to avoid penalties ...

The Income Tax Department, on its official X handle, has alerted taxpayers to pay their last installment of advance tax for the financial year 2024-25. The last date to pay the advance tax is ...

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.

Missing advance tax deadlines can lead to unnecessary interest charges. A simple declaration to your employer can help ...

Read on to avoid paying fines in the form of interest. March 15 is the last date to pay advance tax for the current financial year. Advance tax is essentially the tax you pay on all other income ...

Declare this additional income to the employer and request for additional TDS deduction before March 31.

However, net corporate tax collection rose in single digits at 7 per cent to Rs 9.69 lakh crore between April 1, 2024, and March 16, 2025. Net collections from securities transaction tax (STT) surged ...

This means that only three days, including today, remain until the payment is completed. It is mandatory to settle all outstanding advance tax obligations by the specified date. According to ...