Advance Tax Calculator
Last Updated: 8 April 2026
What is Advance Tax Calculator India (FY 2025-26)?
The Mathematical Formula
Advance Tax Installments = [15%, 45%, 75%, 100%] of (Total Estimated Tax - TDS)
📊 Practical Example
"If your total estimated tax for the year is ₹1,00,000 and ₹40,000 has been paid as TDS, your net Advance Tax is ₹60,000. You must pay ₹9,000 by June 15, ₹18,000 by Sept 15, etc."
⚠️ Common Mistake
Frequently Asked Questions
Q.Who is required to pay Advance Tax in India?
Any individual whose estimated tax liability for the financial year (after deducting TDS) is ₹10,000 or more is required to pay advance tax.
Q.What are the due dates for Advance Tax?
The due dates are June 15th (15%), September 15th (45% total), December 15th (75% total), and March 15th (100% total).
Q.Are senior citizens exempt from Advance Tax?
Yes, senior citizens (aged 60 and above) who do not have any income from business or profession are exempt from paying advance tax.
Q.What happens if I miss an Advance Tax installment?
If you miss or delay an installment, you will be liable to pay interest at 1% per month under Section 234C for the period of delay in paying the installments.