March 15 advance tax deadline: Who needs to pay and what happens if you miss it

If advance tax instalments are not paid by their respective due dates, interest is charged at the rate of 1percent per month ...

Advance tax deadline for fourth instalment of FY 2025-26: What will be penalty if you miss March 15 due date?

The deadline for the final advance tax payment is March 15, 2026. This payment is crucial for taxpayers to avoid interest and penalties. Advance tax is paid in instalments throughout the financial ...

Tax relief vs. tax rebate: What’s the difference and how each works

Tax relief and tax rebates are often confused. Learn how they differ, who qualifies and what each option can — and can’t — do for your taxes.

Severance pay doesn't absolve you from advance tax payment; know how much tax to pay and advance tax schedule to follow

Severance pay received after job termination is taxable. Individuals must pay advance tax by March 15 to avoid penalties. This payment is treated as salary income and taxed at normal slab rates.