Tag: advance tax payment

Advance tax deadline two days away: Key details on eligibility, payment and penalty – CNBC TV18

[ad_1] March 15, 2025, is the deadline for taxpayers to pay the fourth and final instalment of advance tax for the financial year 2024-25. Advance tax is paid in the same financial year in which income is earned and is applicable to individuals and businesses with significant tax liabilities. Index Fund Corner Sponsored Scheme Name […]

Advance tax deadline nears: Why you can pay the third instalment till Dec 16 this year – CNBC TV18

[ad_1] The third instalment of advance tax for the financial year 2024-25 is due on Sunday, December 15, 2024. Taxpayers must ensure that 75% of their total tax liability is paid by this date. However, owing to an existing tax department circular, payments made on Monday, December 16, 2024, will also be considered valid without […]

Deadline for second instalment of advance tax nears: How to pay and avoid penalties – CNBC TV18

[ad_1] The deadline to pay the second instalment of advance tax for FY 2024-25 is approaching on September 15. Taxpayers who fall under the advance tax criteria must ensure timely payment to avoid penalties. Who needs to pay advance tax? Any individual or business whose total tax liability exceeds ₹10,000 after considering TDS (Tax Deducted […]

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