https://www.taxtmi.com/acts?id=48070 The amendment increases the default percentage thresholds used to compute advance tax instalment interest and substitutes higher percentage terms for the lower and higher thresholds, effective from the Act's stated commencement; it also expands the Explanation to include amounts "or payable" in addition to "paid," with that insertion deemed effective from the earlier fiscal date specified. en-us Tue, 28 Jan 2025 14:06:41 +0530 Tue, 28 Jan 2025 14:06:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48070 The amendment increases the default percentage thresholds used to compute advance tax instalment interest and substitutes higher percentage terms for the lower and higher thresholds, effective from the Act's stated commencement; it also expands the Explanation to include amounts "or payable" in addition to "paid," with that insertion deemed effective from the earlier fiscal date specified. Act-Rules F. Acts / Amendment Acts Tue, 28 Jan 2025 14:06:41 +0530 https://www.taxtmi.com/acts?id=48070