Explanatory memorandum to Budget 2025 exemption from prosecution for delayed payment of TCS Section 276BB of the Act provides for prosecution in case of failure to pay the tax collected at source ...

Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...

Blockchain freight settlement provides fast liquidity and eliminates expensive freight factoring intermediaries ...

Those with an estimated tax liability of over Rs 10,000 in a financial year are required to pay advance tax during the year.

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

The Centre in the Budget announced many important changes related to tax, especially to make TDS and TCS easy and simple ... pay rent or make any big payment, TDS is deducted after a certain ...