Indian taxpayers, brace yourselves! The second advance tax installment for FY 2025-26 is due September 15th. If your tax liability exceeds Rs 10,000, pay up to avoid a 1% monthly interest penalty. Salaried individuals with additional income beyond TDS deductions, and others, should take note. Senior citizens are exempt under specific conditions. Post navigation Income tax filing: Facing trouble accessing the e-filing portal? Here’s what the IT department says Trade deficit narrows: India’s exports rose in August even as Trump’s 50% tariffs took effect; newer markets eyed