The scheme of advance tax requires every assessee to estimate their current income and if tax liability on such estimated income exceeds the specified limit, the assessee is required to pay the ...

Senate Republicans on Thursday blocked a motion to advance a Democrat-drafted bill to extend enhanced health insurance premium subsidies that are due to expire at the end of 2025, tax credits that ...

As we approach FY 2025-26, it's essential to get a grip on advance tax, particularly for those relying on salary income or long-term capital gains. If your estimated tax dues go over Rs 10,000, you ...