TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Non-compliance with Section 7 of Expenditure-tax Act incurs 1% monthly interest on delayed payments to Central Government.</h1> Every individual tasked with collecting and remitting expenditure-tax to the Central Government, as mandated by Section 7 of the Expenditure-tax Act, 1987, must pay simple interest if they fail to do so within the specified timeframe. The interest is calculated at a rate of one percent for each month or part thereof that the payment is delayed.
TaxTMI 
TaxTMI 
