Advance tax payment

Several personal finance-related deadlines fall in June, which salaried employees and taxpayers must meet. If one misses out, they may face repercussions, including monetary penalties, account deactivation etc. Meet these personal…

Any taxpayer whose estimated tax liability for the financial year is Rs. 10,000 or more is required to pay advance tax. Advance tax payment: For salaried individuals, advance tax is mostly taken care of through TDS by employers. Income Tax…

Income Tax: In India, advance tax refers to the tax that is paid by individuals, companies, and businesses in advance, rather than waiting to pay it all in a lump sum at the end of the financial year.For salaried individuals, advance tax is…

The last day for filing advance tax for income earned in the current financial year 2022-2023 is on Wednesday. A person whose estimated liability for the financial year is ₹10,000 or more has to pay the tax in advance. However, it does…