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

The formula given below is recommended for determining the amount on which the percentage of advance tax is calculated: Tax on total income (-) TDS (-) relief u/s 90 or 91 (-) tax credit us/ 115JD.

Advance Tax Installment Deadline: Many people, especially business owners and celebrities, pay advance taxes worth crores of rupees every year. For the financial year 2024-25, the deadline to pay ...

The deadline for paying advance tax for Financial Year 2024-25 is March 15. According to the law, individuals with a total tax liability of more than Rs 10,000 for the year must pay advance tax ...

The Income Tax Department has issued a reminder regarding the last quarterly instalment of advance tax for the financial year 2024-25. The IT Department said that the final installment of advance ...

March 15, 2025 is the advance tax deadline for FY 2024-25. However, if you are a salaried individual and your employer deducts TDS then you need not pay advance tax unless certain situations happen.

The Income Tax Department has issued a reminder that the last instalment of advance tax for the financial year 2024-25 must be paid by March 15, 2025. This means only three days remain (including ...

employers usually deduct and deposit tax through Tax Deducted at Source (TDS). However, if an individual earns income from other sources, you must compute and pay advance tax yourself if your total ...

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or more. Read on to avoid paying fines in the form of interest.

many leading online tax-prep companies offer a tax refund advance loan, often without interest or fees. Here's what you need to know about how tax refund advance loans work and where you can get ...

The National Board of Revenue (NBR) has exempted advance tax on the import of raw materials used to manufacture cancer drugs, according to a notification issued earlier this month. The move ...

‘Pay-as-you-earn’ is the basic fundamental on which advance tax under Income Tax works. In nut-shell, advance tax is simply income tax paid in advance. Notably, provisions of sections 208 and 209 of ...