Advance tax is also called as "pay as you earn" tax which provisions to deposit advance tax in installments rather than at the end of financial year. The delay in advance tax payment can lead to penal interest.
Mumbai: The Reserve Bank today opened a special a two-day borrowing window for banks under the marginal standing facility (MSF) to help meet the rising fund need from corporates for advance tax payments. “As the
Top News
Latest News
