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 Kerala approves universal health cover for uninsured families: Details here admin March 16, 2026 Finance Financial year ending soon: Key tax tasks to wrap up before March 31 admin March 16, 2026 Finance Luxury high-rises drive Delhi property values up 27%, rentals up 7-9% admin March 16, 2026
