Finance Finmin clears the air: Advance tax penal interest stays at 3%, no increase admin August 13, 2025 The Finance Ministry has clarified that the penal interest on advance tax shortfalls remains unchanged at 3% per quarter (1% per month for 3 months), correcting a drafting error in the Income Tax Bill Continue Reading Previous: Home prices surge 7.7% annually: India beats US, UK, Australia, ranks 15thNext: Sikkim High Court Reinstates Budgetary Support for Pharmaceutical Unit Related Stories Finance From 5% to 32%: NRI buyers pump ₹5,250 crore into DLF homes in nine months admin March 16, 2026 Finance Tax-saving contributions face March 31 deadline; align investments wisely admin March 15, 2026 Finance Changing jobs and have multiple PF accounts? How to merge them online admin March 13, 2026
