Turbo Tax Advance On Taxes 2025 India. Advance tax is the income tax paid in advance for the income earned in a particular year. Salaried individuals, freelancers and businesses with tax liability exceeding rs.10,000, after reducing tds, for the financial year, are required to pay advance tax.

If a tax payer’s annual tax liability (net of all tds deducted) exceeds ₹10,000 in a financial year, then they are liable to pay advance tax in the. Up to 5 days early access to your federal tax refund is compared to standard tax refund electronic deposit and is dependent on and subject to irs submitting refund information to the bank.