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Advance Income Tax (Guide 2023)

Advance Income Tax (Guide 2023)

Advance income tax is a way by which the government keeps on receiving money throughout the year. It’s also known as pay as you earn scheme.  What is an advance tax in income tax? Advance income tax is the tax charged on your total annual income in a...
Advance Tax under Income Tax (With Dates)

Advance Tax under Income Tax (With Dates)

Advance tax under income tax means paying it in full in advance, rather than paying it in a lump sum at the end of the year. The same is true for the expression Pay as you Earn. These funds are used for national development, infrastructure reform, and social...