kkgassociates.netKKGAssociates Welcome to K.K.Gnanenthiran Associates
10 % Discount on Income Tax payable by Individuals. Discount on Income Tax payable by Individuals Any individuals who makes any quarterly self-assessment income tax payment, one month before the due date, is entitled to a 10% discount thereon (not exceeding such percentage on the installment based on the current year profits). Income Tax 2014/15 4th Qrt Installments Due Date 15/05/2015. Rate of WHT on Interest : 2.5% and for Senior Citizens is exempted from income tax from 1 January, 2015.