Updated for AY 2026-27

Advance Tax Calculator

Estimate your advance tax liability and installment schedule instantly. Stay compliant and avoid interest penalties under Section 234B and 234C.

4 Steps

Installments

₹10,000

Minimum Threshold

AI-Powered

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Tax Estimator

Taxpayer Type

Estimated Annual Income (₹)

Deductions (₹)

TDS/TCS Paid (₹)

Are you a Senior Citizen (60+)?

Do you have Business Income?

Tax Breakdown

Your calculation will appear here

Enter your income details to see the schedule

* Calculations are based on standard tax slabs for FY 2025-26. Consult a tax professional for precise liability.

What is Advance Tax?

Advance tax refers to the payment of income tax in installments during the financial year, rather than as a lump sum at the end. It is also known as the "pay-as-you-earn" scheme. If your total tax liability for the year (after deducting TDS/TCS) is ₹10,000 or more, you are legally required to pay advance tax.

Avoid Penalties

Paying on time saves you from heavy interest charges under Sections 234B and 234C of the Income Tax Act.

Better Cash Flow

Spreading your tax payments across four installments helps in better financial planning and cash management.

How to Calculate?

Step-by-Step Process

Estimate Total Income

Include salary, business income, interest, capital gains, and other sources.

Apply Deductions

Subtract eligible deductions under Chapter VI-A (80C, 80D, etc.).

Calculate Gross Tax

Apply the applicable tax slab rates and add 4% Health & Education Cess.

Subtract TDS/TCS

Deduct the tax already collected or deducted at source from your gross tax.

Due Dates & Percentages

Due Date	Cumulative Percentage	Applicable To
On or before June 15	15% of advance tax	All taxpayers
On or before Sept 15	45% of advance tax	All taxpayers
On or before Dec 15	75% of advance tax	All taxpayers
On or before March 15	100% of advance tax	All taxpayers

Who is Exempt?

Senior Citizens

Resident senior citizens (aged 60 years or above) who do not have any income from business or profession are exempt from paying advance tax.

Exempt u/s 207

Small Taxpayers

If your total tax liability after TDS/TCS is less than ₹10,000, you are not required to pay advance tax. You can pay the entire tax at the time of filing your ITR.

Threshold Limit

Frequently Asked Questions

What happens if I miss an advance tax deadline?

Missing a deadline attracts interest under Section 234C. If you pay less than 90% of your total tax by the end of the year, interest under Section 234B is also applicable.

Can I revise my advance tax estimation?

Yes, you can re-estimate your income at any time during the year and adjust your remaining advance tax installments accordingly.

Is advance tax applicable on capital gains?

Yes, but since capital gains are hard to predict, you can pay the tax on them in the remaining installments after the gain is actually realized without attracting interest.

How do I pay advance tax online?

You can pay advance tax online through the e-filing portal using Challan No./ITNS 280.

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Get expert assistance in estimating your income and paying your advance tax accurately. Avoid interest and stay stress-free.