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Tag: taxpayers

Will the FY26 Budget reverse the decline in social sector spending?

Posted on January 29, 2025 By admin
Will the FY26 Budget reverse the decline in social sector spending?

Village women work under MGNREGA scheme at Jagannath Prasad village in Odisha | Photo Credit: Gerra Madhusudan 10751@Chennai The share of the Union Budget allocated for the social sector has declined rapidly in recent years. Data show that the outlays to most schemes under the rural development, education, health, and social welfare heads have either…

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Business

Last Instalment Deadline On March 15

Posted on March 15, 2024 By admin
Last Instalment Deadline On March 15

Advance tax allows taxpayers to spread out their income tax payments throughout the year. Today, March 15, 2024, marks the final deadline for taxpayers in India to settle their fourth and final installment of advance tax for the financial year 2023-24. Missing this deadline can result in penalties and interest charges. Advance tax allows taxpayers…

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Nation

All You Need To Know

Posted on March 11, 2024 By admin
All You Need To Know

People with total tax liability of Rs 10,000 or more in a year need to pay advance tax. The income tax department has launched an electronic campaign for taxpayers who have carried out significant transactions in the current financial year. Such taxpayers will be informed through email and SMS, with the department urging them to…

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