« Top Headlines » Open DEMAT Account in 24 hrs  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal «  Mandatory cost auditing norms may be revised... Get online, not in line, to pay tax... » Advance tax collections up 29% June, 21st 2007 The governments cash registers are ringing on the back of a booming economy. Its advance tax collections for the April-June period witnessed a growth of 28.8% at Rs 13,796 crore. Its total direct tax collections up to June 18 swelled by 57.5% to Rs 37,444 crore. There may be more to come. Sources in the income-tax department said advance tax collection data was still in the process of being compiled and the final figure could exceed Rs 17,000 crore. The last date for depositing the first installment of advance tax was June 15. Advance tax is paid in four installments in June, September, December and March. State Bank of India, Steel Authority of India, Life Insurance Corporation, Reliance Industries, ICICI, Indian Oil Corporation and TISCO have emerged as the top seven advance tax payers in the first quarter. BSNL which was among the top advance taxpayers last fiscal witnessed a decline of 65.7% to Rs 120 crore. Similarly, NTPCs advance tax payment in the first quarter of the current fiscal saw a negative growth of Rs 15.8% to Rs 202 crore.