You’ve just finished another financial year, and as you gear up to file your Income Tax Return (ITR), you might feel a sense of calm, assuming your employer handled all your tax deductions. But hold on a second! What if you’re among the many salaried individuals who earn a little extra from other sources, like … Read more
The Income Tax Department in Shimla recently held an advance tax awareness program to help taxpayers understand their obligations better. The event, overseen by Shalini Bhargava, Principal Commissioner, Income Tax-1, Chandigarh, and Raja Ghosh, Additional Commissioner, Income Tax, Range Shimla, aimed to demystify advance tax under the Income Tax Act, 1961. Key Takeaways on Advance … Read more
It’s Saturday, June 14, 2025, and with the first advance tax instalment deadline for FY 2025-26 fast approaching tomorrow, June 15, there’s a common question buzzing: What happens if I pay on Monday, June 16, because the 15th is a Sunday? Good News: You’re Likely in the Clear! You can breathe a sigh of relief. … Read more