With the deadline for the final advance tax instalment on March 15 approaching, taxpayers are rushing to clear their dues before the end of the financial year. Since the due date falls on a Sunday, ...

If advance tax instalments are not paid by their respective due dates, interest is charged at the rate of 1percent per month ...

Taxpayers, including salaried individuals with extra income and freelancers, must assess tax liability and pay advance tax by ...