US EditionWhy is the June 15 deadline so special for those who pay tax? If you miss it, it will cost you dearly
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Why is the June 15 deadline so special for those who pay tax? If you miss it, it will cost you dearly
If you are a taxpayer and you have advance tax liability, you should take special care of June 15. This is the last date for depositing advance tax. If you do not deposit your tax on time, it can cost you dearly. Advance tax is the amount of income tax that is paid in advance instead of a lump sum payment at the end of the year. It is also known as income tax. Advance tax is paid in installments as per the due dates fixed by the Income Tax Depar…
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