advance tax

Advance Tax is a type of direct tax (income tax) that is paid in advance by an individual on their estimated total income for the fiscal year. It is also known as 'pay-as-you-earn' because it is paid before the end of a financial year.…

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…

NEW DELHI: Advance tax collections, paid by companies and certain individuals, have gone up 12. 8% to over Rs 5. 2 lakh crore, according to the latest official numbers released on Sunday. Close to Rs 4 lakh crore is on account of payments…

NEW DELHI: Advance tax collections, paid by companies and certain individuals, have gone up 12. 8% to over Rs 5. 2 lakh crore, according to the latest official numbers released on Sunday. Close to Rs 4 lakh crore is on account of payments…

India’s direct tax collections jumped 51 per cent to Rs 2.8 lakh crore in the current quarter till June 15, compared with Rs 1.85 lakh crore in the year-ago same period. Total advance tax collections show growth of about 49 per cent…

April 1 has already marked the beginning of a new financial year 2022-23 for all of us, and as it begins we must take note that we spend all our money judicously so we can always better our portfolio and use the money in case of…

Income Tax Deadline: The ongoing financial year is on its way to end this week and this should remind salaried taxpayers to finish a slew of tax-related tasks before March 31, which is a crucial deadline for them. From filing belated income…