Advanced tax

Advanced Tax Payment Deadline: Taxpayers To Pay Last Instalment By March 15; What Is It and Who Is Eligible?

A tax payer who wishes to pay his/her income tax in instalments and advance than  lump-sum payment at the year-end can opt Advanced Tax option. It was also known as earn tax and is paid in instalments as per the due dates decided by the income tax deparment.

Mar 15, 2023, 14:38 PM IST

Banks see a plunge in advance tax payments as NPAs bite

Bad loans have hit the banking sector's advance tax payouts for March quarter, with SBI paying a 60 percent lower tax, ICICI Bank showing a marginal increase, while HDFC Bank posting a 14 percent growth in tax liability.

Mar 16, 2016, 12:26 PM IST