Quick access to funds: Because tax loans are based on your estimated tax return, you can quickly get the cash you need without waiting days or weeks for the loan to be approved. No collateral required: You don’t need any form of collateral when applying for a tax loan, so there’s n...
The penalty for not paying advance tax is explained under Section 234B of the Income-tax Act. Interest of one percent per month is paid on the estimated installment value, or shortage in payment, if advance tax is not paid as per the schedule. Find Business Support We manage taxes for MN...