Taxpayers must pay the third advance tax instalment by December 15, 2024, to avoid penalties. Those with tax liabilities over ₹10,000 are required to pay in instalments, while senior citizens without business income are exempt.

​Taxpayers must pay the third advance tax instalment by December 15, 2024, to avoid penalties. Those with tax liabilities over ₹10,000 are required to pay in instalments, while senior citizens without business income are exempt.