How is tax calculated for income earned by NRIs?

I am a Mechanical Engineer living in Doha (Qatar) since last four years. Is my income…

Advance tax, PAN-Aadhaar linking: Important dates to watch in March

There are several financial deadlines that one needs to know, from PAN-Aadhaar linking to payment of…

Can NRIs pay advance tax on rental income?

My daughter is an NRI and has nominal rental income here. Neither he nor his tenant…

Share Transfer: When You Have to Deed Gift

My friend bought 100 shares of Vanity Organics on my behalf in the year 2000 for…

Direct tax collection up 48% in FY12, advance tax payment up 41% business – Times of India Videos

March 18, 2022, 12:48 pm ISTSource: mirror now India’s collection from tax on personal and corporate…

Do you need to pay advance tax? hurry up! 15th March is the last date

Generally, taxes are deducted/collected at source when income is paid. However, since all income is not…

Advance Tax: Know the Implications of Defaulting

As the financial year 2021-22 is coming to an end, it is time for the taxpayers…

Failure to pay advance tax attracts interest under section 234c of the IT Act

Advance tax is paid by every person who has net tax liability for the financial year…