Advance tax: March 15 is deadline of last instalment; what penalty will you pay if you miss it

Advance tax: March 15 is deadline of last instalment; what penalty will you pay if you miss it

The Income Tax Department has issued a reminder that the final installment of advance tax for the financial year 2024-25 must be settled by March 15, 2025. This means that only three days, including today, remain until the payment is completed. It is mandatory to settle all outstanding advance tax obligations by the specified date. … Read more

MFs in November: Debt fund inflows slumped 92%. Should you be concerned?

MFs in November: Debt fund inflows slumped 92%. Should you be concerned?

Mutual funds: In November, inflows into debt funds saw a significant drop to Rs 12,916 crore, marking a 92% decrease from the Rs 1.57 lakh crore recorded in October. This steep decline can be attributed to a combination of factors including liquidity constraints, tax obligations, and market fluctuations. Liquid funds experienced the largest outflows, with net … Read more