Advance Tax

Direct tax collections rise 18.2% to Rs 6.56 lakh crore during April-December of current fiscal

Direct tax collections soared 18.2 percent during the first nine months of current fiscal at Rs 6.56 lakh crore, the finance ministry said

Direct tax collections jump 16% to Rs 3.86 lakh cr in Apr-Sep: Finance ministry

The net direct tax collections constitute 39.4 percent of the total budget estimate of direct taxes at Rs 9.8 lakh crore for the current fiscal

Advance tax: Why the new proposed rule shouldn't be a worry for business class

Even if the voluntary regime later on becomes a mandatory one, your work is going to be more systematic and not callous

Companies may have to furnish Apr-Sept income estimates to income tax dept

The Central Board of Direct Taxes (CBDT) has come out with a draft notification seeking stakeholders' comment on filing of Form 28AA by giving details of income and advance taxes paid.

Income taxpayer base widens to 6.26 cr as of 2016-17, a huge jump, claims CBDT head

Post-demonetisation, the department has taken a host of measures to increase tax base and the statement of financial transaction (SFT) report filed by banks shows widening of taxpayer base.

Five things you must do before 31st March; here's the tax calculator for your help

If you have taxable income for FY2016-2017 and you have not paid tax on it, please pay it online

Union Budget overhaul ends British legacy but will throw up major challenges on data

The issue with such advancement is that a lot of data which is required when drawing up the Budget would not be available and hence there could be several guestimates rather than estimates

Alert: Advance tax payment deadline extended to today

15 December is an important date for you. Why so? It is your one of your deadline to pay advance tax as per the income tax (IT) department rules.

Net direct tax collection up 13.7% till 20 Dec in FY'14

Advance tax collection from corporates rose by 8.4 percent to Rs 1,76,935 crore as compared to the same period last year, it added.<br /><br />

SBI advance tax payment for December quarter down 33%; HDFC up 16%

Advance tax is a system of staggered payments of income taxes across the year in four quarterly instalments. It is generally considered as a barometer of a company's performance for a particular quarter.