{"id":6551,"date":"2021-09-14T12:58:06","date_gmt":"2021-09-14T07:28:06","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=6551"},"modified":"2025-03-05T07:44:54","modified_gmt":"2025-03-05T02:14:54","slug":"getting-started-with-razorpayx-advance-tax-payments","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/getting-started-with-razorpayx-advance-tax-payments\/","title":{"rendered":"Getting Started with RazorpayX Advance Tax Payments"},"content":{"rendered":"

Every quarter, millions of Indian businesses are required to pay Advance Tax.<\/span><\/p>\n

Advance Tax is the amount of income tax paid much in advance every quarter, rather than a lump-sum payment<\/a> at the year-end. Also known as earn tax, advance tax is paid in installments as per the due dates decided by the income tax department.<\/span><\/p>\n

Both individuals and businesses are liable to pay advance tax<\/a> if their tax liability<\/a> is greater than or equal to INR 10,000 post TDS payment in a fiscal year.<\/span><\/p>\n

With <\/span>RazorpayX Advance Tax Payments<\/b><\/a>, <\/b>paying advance taxes has never been simpler and takes only 30seconds. Leave your tax payment worries to us. Never miss a deadline or worry about increased tax liabilities for missing payment deadlines.<\/span><\/p>\n