[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 […]
UPI transaction limit increased to ₹5 lakh for these payments from today – CNBC TV18
[ad_1] Starting September 16, taxpayers in India will benefit from a change in the Unified Payments Interface (UPI) system. The National Payments Corporation of India (NPCI) has announced an increase in the UPI transaction limit for tax payments, raising it from ₹1 lakh to ₹5 lakh per transaction. This update follows an NPCI circular dated […]
Navigating the Income Tax Return (ITR) Filing Deadline: Tips and Solutions
The deadline for filing Income Tax Returns (ITR) for the financial year 2023-24 is today, July 31, 2024. As taxpayers rush to meet this deadline, many may face issues such as having their bank accounts debited without receiving a tax challan. Here are some expert tips to address these challenges. ### Common Glitches and Their […]
ITR Filing for FY23-24: Last-Minute Tax Payment Tips
**ITR Filing for FY23-24: Last-Minute Tax Payment Tips** As the deadline for filing Income Tax Returns (ITR) for the financial year 2023-24 rapidly approaches, taxpayers are working hard to ensure they meet the cutoff. With only two days left, understanding the various methods of paying taxes and their associated transaction fees is crucial to avoid […]