Budget 2024: Need to amend advance tax provisions for individuals
Monday, 8 July 2024
Budget 2024 expectations: The current advance tax system poses challenges for taxpayers, especially gig workers and freelancers. Experts suggest amendments to increase threshold limits, remove quarterly instalment requirements, and provide more flexibility in payment schedules.
Budget 2024 expectations: The current advance tax system poses challenges for taxpayers, especially gig workers and freelancers. Experts suggest amendments to increase threshold limits, remove quarterly instalment requirements, and provide more flexibility in payment schedules.
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