Advance Tax Calculator

If your tax for the year, after TDS, is ₹10,000 or more, you must pay it in advance in instalments during the year instead of all at the end. Freelancers, people with rental or interest income, and investors with large gains usually need to.

Use the income tax calculator to estimate it.
Business income under presumptive scheme?
Presumptive (44AD/44ADA-type) businesses pay in one instalment by 15 March.
Senior citizen with no business income?
Results update as you type.

Advance tax to pay

₹1,80,000

in four instalments

First instalment
₹27,000by 15 June

Missing an instalment attracts interest of 1% a month on the shortfall.

Schedule for Tax Year 2026-27

Schedule for Tax Year 2026-27
Due dateCumulative shareInstalmentPaid by then
15 June15%₹27,000₹27,000
15 September45%₹54,000₹81,000
15 December75%₹54,000₹1,35,000
15 March100%₹45,000₹1,80,000

About this calculator

Enter your estimated tax for the year and the TDS you expect. The calculator shows the amount due by each date.

How to use it

  1. Estimate your total tax for the year.
  2. Enter TDS already deducted or expected.
  3. Say whether you use a presumptive business scheme, or are a senior with no business income.

The formula

Cumulative advance tax = (tax − TDS) × 15%, 45%, 75% and 100% by the four due dates
tax
your estimated total tax for the year
TDS
tax already deducted from your income

Worked example

Tax of ₹2,40,000 with ₹60,000 of TDS

  1. Advance tax = ₹1,80,000.
  2. Pay ₹27,000 by 15 June, ₹54,000 by 15 September, ₹54,000 by 15 December and ₹45,000 by 15 March.

What the result means

Paying late or too little attracts interest of 1% a month on the shortfall, so pay a little extra if unsure.

Assumptions

  • Your estimate of yearly tax stays the same.

Limitations

  • Interest for shortfalls is not calculated.
  • Capital gains arising late in the year can be paid in the remaining instalments.

Frequently asked questions

Who must pay advance tax?

Anyone whose tax for the year, after TDS, is ₹10,000 or more, except resident senior citizens without business income.

What are the advance tax due dates?

15 June (15%), 15 September (45%), 15 December (75%) and 15 March (100%), cumulative.

Do salaried people pay advance tax?

Usually not, because TDS covers it, unless they have other income such as rent, interest or capital gains.

For information only. Tax results depend on the law in force, the tax period and your circumstances, and rates are revised from time to time. This is not tax advice. Please confirm the applicable rate and treatment with a qualified professional or the official notifications.

Last reviewed on 1 October 2026. Found a mistake? Tell us.