All individuals who provide services that are deemed to be taxable, with a value found to be more than Rs 9 lakhs over the course of a financial year, are required to make payment of service tax on a ...
Advance tax is the income tax which is paid by the taxpayer in advance instead of making a lump sum payment at the end of the financial year. It is basically the tax which you pay as you earn. The ...
A lump-sum payment is a monetary sum paid in one single payment instead of allocated into installments. Lump sums are commonly associated with pension plans and other retirement vehicles ...
An accountant can help you better understand which tax payment schedule your business needs to use, as can reading through the IRS’s article on employment tax due dates. We’ll dive right into ...