Karnataka Bank introduces a convenient payment option for direct taxes, including income tax and advance tax, enhancing its customers' banking experience....
Today (December 15) is the last day to pay the third installment of advance tax. Remember that if you as a taxpayer fail to pay your advance tax this time you will have to pay penalties and interest for the delay. ...
Those who have sources of income other than their wage must pay advance tax. This applies to rent, capital gains from stocks, fixed deposits, lottery prizes, and so forth. Advance tax is to be paid based on the year's expected revenue. ...
Employers are mandated to subtract tax from employees' salary according to their income tax bracket, but if the employee has additional sources of income, such as interest, dividend, rent, or capital gains, he or she may be prompted to pay advance ...
Today is the deadline (March 15) to pay-off the last advance tax installment for the income earned in the ongoing financial year 2020-21. Advance tax is required to be paid by any person whose estimated tax liability for the year is ...
If you have sold gold at a profit, you need to pay tax on the same. In case the amount of profit is high, it would be better to advance tax. The advance tax liability is paid when the amount of ...
The Income Tax Department has extended the deadline on advance tax payment to 31 December for the north-eastern states of India amid unrest in the region over the amended Citizenship Act. The third installment of advance tax payment was due on ...
The deadline to make the first deposit or installment towards advance tax payment for the financial year 2019-20 is 15 June. If you are an individual tax payer with an estimated tax liability of over Rs 10,000, you may be required ...
Form 16 is a certificate issued by employers, giving details of an employee's TDS (tax deducted at source) paid to the government on his/her behalf. For the FY 2018-19, companies will be issuing the same by June 15. The form comes ...
Direct tax collections for the first nine months of the FY 2018-19 clocked a 14% YoY growth. The government on Monday citing provisional data said that gross direct tax collection came in at Rs. 8.74 lakh crore during April to December ...
In the first half of the financial year 2018-19, the gross direct tax collection increased by 16.7% to Rs. 5.47 lakh crore. The finance ministry in a statement said, "The provisional figures of direct tax collections up to September 2018 show ...