With the deadline for the final advance tax instalment on March 15 approaching, taxpayers are rushing to clear their dues ...
If advance tax instalments are not paid by their respective due dates, interest is charged at the rate of 1percent per month ...
The rule applies to individuals, professionals, freelancers, and businesses whose total tax liability exceeds ₹10,000 after accounting for tax deducted at source (TDS) or tax collected at source (TCS) ...
The final advance tax instalment for FY 2025–26 is due by March 15. Taxpayers owing over ₹10,000 must pay to avoid penalties. Learn more.