Interest rate

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Querist : Anonymous (Querist)
13 January 2012 dear expert pls tell me what is the interest rate for late payment of tax, is it 1.5% p.m or part of a month and before it was 1.25% p.m what is the applicable date if we pay today and we are late by 1 year should we calculate taking both the rate rep its very urgent

thank you

13 January 2012 1.5% per month.


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