Advance tax due March 15: Who must pay, exemptions and key things to check
With the final advance tax instalment for the financial year due on March 15, taxpayers, including salaried individuals with additional income and freelancers, may need to assess their tax liability and make payments to avoid interest charges. According to Kinjal Bhutta, Treasurer at the Bombay Chartered Accountants Society (BCAS), advance tax is not limited to…
