Advance Tax Payment

PAN-Aadhar link to ITR filing: Complete these 5 financial tasks by March 31

From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses

Meet the last advance tax deadline for FY23 to steer clear of penalties

If you miss the date, penalty will be levied at a simple interest rate of one per cent per month or part of a month

Opt for presumptive tax scheme only if you can adhere to its rules

Higher proposed limits are a positive, but remember you must stick to the scheme for five years

Advance tax mop-up grew 13% in April-Dec period to Rs 5.21 trillion

Net direct tax collection has grown 19% to over Rs 11.35 trillion

Surplus liquidity slumps to Rs 3K cr on tax outflows, shows RBI data

The RBI's average daily absorption of excess liquidity was at Rs 3.8 trillion during June-July against Rs 5.5 trillion in May and Rs 7.4 trillion a month ago

Top Headlines: WTO members reach deal, advance tax collection up 48% in Q1

The members of the World Trade Organization (WTO), for the first time in a decade, finalised a historic deal at 12th Ministerial Conference (MC12). Read more in our top headlines

At Rs 42,679 crore, advance tax collection up 48% in April-June quarter

Direct tax collection, net of refunds, stood at Rs 2.81 trn, according to initial estimates; advance tax collection for the period between April 1 and June 15 was Rs 42,679 cr

Centre likely to lift veil on taxing NFT as virtual digital asset

Likely to release framework ahead of first advance tax instalment

I-T dept has made highest tax collection in its history: CBDT Chairman

The net collection numbers as on today is Rs 13.63 trn which is against Rs 11.18 trn of 2018-19, Rs 10.28 trn of 2019-20 and Rs 9.24 trn of 2020-21, he said

Tata Steel, ONGC lead surge in advance tax; top 20 firms pay 47% more in Q2

Reliance Industries and Tata Motors skip payment

Top headlines: Top firms' advance tax up 47%; Invesco considers suing Zee

India needs more big banks to aid economic growth, says Finance Minister. More in top headlines of the day

60-65 small- to mid-sized companies on I-T radar for TDS mismatch

These companies had reported healthy advance tax payments

Top headlines: Auto,IT lead advance tax payment; Covaxin shows 77% efficacy

Strap: Business Standard brings you the top headlines on Wednesday

A quick and simple guide on tax compliance ahead of the March 31 deadline

Apart from tax planning, you need to make sure you've paid your advance tax correctly and linked your Aadhaar to your PAN

On the road to recovery: Marquee companies raise advance tax payment

Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table

Make system of advance tax ruling more comprehensive: SC to Centre

The apex court gave this suggestion while hearing the case of the National Co-operative Development Corporation (NCDC)

Despite reduced interest liability, pay advance tax to minimise charges

The schedule remains unchanged, only the interest charge levied for delayed payment has been reduced

Late advance tax payments by corporate heavyweights give govt a breather

First quarter advance tax collection from India Inc has been revised upward to Rs 39,880 crore from initial mop up of Rs 8,572 crore

Govt banking on advance tax payment to meet direct tax target of Rs 12 trn

The clarity on the exact quantum of shortfall would emerge only after the final figure of advance tax collection comes, sources said

Deadline to pay advance tax ends tomorrow: Here is a step-by-step guide

The income tax laws specify that a certain percentage of advance taxes be discharged on certain specific dates during the year