- Patta Chitta- Process To Apply, Documents Required, Fee
- SBI UPI Limit - How To Increase UPI Transaction Limit In SBI?
- UAN: Passbook, Status & Account Balance Check
- KYC (Know Your Customer) - How to Check KYC Status Online?
- What is Tax Planning -Benefits, Types & How It Works
- How To Become A Seller At Myntra?
- Who Is An Assessee?
Hurry up, today’s the last date to pay the second instalment of Advance Tax!
Today, i.e. 15th September 2016 is the last day to pay the second instalment of Advance Tax for both individuals and corporate taxpayers. From F.Y. 2016-17, the provisions of Advance Tax for individuals have been made similar to that of corporate taxpayers.
Advance Tax is payable as follows by both individuals and corporate taxpayers:
Due Date | Advance Tax payable (%) |
---|---|
On or before 15th June | 15% of the advance tax |
On or before 15th September | 45% of the advance tax |
On or before 15th December | 75% of the advance tax |
On or before 15th March | 100% of the advance tax |
To understand Advance Tax in detail, read our blog Advance Tax What? Why? When?