As tax season approaches, it's crucial to understand the implications of not filing your taxes by the April 15 deadline.

Advance tax is applicable when the total tax liability for a financial year exceeds Rs 10,000. It is computed based on the estimated income for the year and paid in instalments as per the due dates.

Making timely paymenst is crucail when it comes to tax compliance so as to avoid penalties and interest. Also, meeting deadlines ensures last minute stress and smooth tax filing process.

Advance tax for FY 2024-25 must be paid by March 15, 2025. The department emphasises that timely payment ensures compliance ...

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or ...

The income tax department has listed such individuals with undisclosed income subject to income tax and accordingly, the ...

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

The deadline to file taxes is Tuesday, April 15, 2025. If April 15 falls on a Saturday, Sunday, or legal holiday, Tax Day is the next business day.Americans residing overseas have an extended deadline ...

The Internal Revenue Service is accepting 2024 tax returns until April. Here's what to have on hand before you file.

Even as the financial year 2024-25 is coming to an end with just one month left, the ITR filing for the year (assessment year 2025-26) will likely start from April 1, 2025. The facility will be ...