Finance

Advance Tax Calculator

Estimate your total tax liability and the four quarterly advance-tax installments due on 15 Jun, 15 Sep, 15 Dec and 15 Mar.

010,00,00,000
05,00,00,000

Quarterly installments

  • By June 15 (15%)₹12,480
  • By Sep 15 (30%)₹24,960
  • By Dec 15 (30%)₹24,960
  • By Mar 15 (25%)₹20,800

Remaining advance tax

₹83,200

Total tax liability
₹83,200
Already paid
₹0
Regime
New (default)

What is Advance Tax?

Advance tax is income tax paid during the financial year itself, in four installments, rather than as a lump sum at year-end. It applies if your total tax liability (after TDS) exceeds ₹10,000. Salaried taxpayers usually cover it through TDS, but business owners, freelancers, and those with large interest or capital gains must pay advance tax directly.

Formula

Advance tax is paid in four installments through the year:

Tax liability (computed via the New Regime slabs)

Installments:
  15% by 15 June
  45% by 15 September  (cumulative)
  75% by 15 December   (cumulative)
  100% by 15 March     (cumulative)

Pay advance tax if total tax − TDS > ₹10,000.

How to use this calculator

Enter your estimated taxable income for the financial year and any tax already paid via TDS or earlier installments. The calculator estimates total liability (new regime), the balance due, and each quarterly installment.

Frequently asked questions

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