Calculators
Sum of all income should be at least Rs 1,00,000.
Advance Tax Calculator
Calculate your advance tax liability for FY 2025-26 with the help of our Advance Tax Calculator
Advance Tax Calculator
The Advance Tax Calculator is an easy-to-use tool that helps you determine how much advance tax you need to pay during the financial year. By entering details like your salary, rental income, business income, capital gains, and any other sources of income (such as interest income and dividend income), the calculator accurately states your total tax liability and breaks it down into advance tax instalments. Calculating advance tax using our advance tax calculator helps you stay compliant, avoid interest, and manage your tax payments more efficiently.
How to use this calculator? 
Basic Details
Deductions and Exemptions
Taxes Paid
Results
Basic Details
Your Age
0-59
Tax slabs in the old tax regime differ according to age classifications.
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State your gross salary, excluding the employer's contribution to the provident fund.₹
State your yearly rental income.₹
State your business income.₹
State your other income.Do you have any capital gains to add?
All you need to know about Advance Tax Calculator
What is Advance Tax?
Advance tax refers to the "pay-as-you-earn" concept where taxpayers are required to pay their taxes in instalments throughout the financial year rather than at the end or while filing ITR. If your estimated tax liability for the financial year is more than ₹10,000 you need to pay advance tax to avoid interest.
Who should Pay Advance Tax?
Advance tax is applicable to all taxpayers—including
- Salaried Individuals with income beyond TDS deduction.
- Freelancers and Consultants with irregular income sources.
- Business Owners including those under presumptive taxation schemes.
How to Calculate Advance Tax
Calculating advance tax is straightforward if you follow these steps:
1. Estimate Total Income:Calculate your total income from all sources—salary, business, interest, rental income, capital gains, etc.
2. Deduct eligible Exemptions and Deductions:Use applicable deductions under Sections like 80C , 80D, and other eligible exemptions. Deduct these from your total income to arrive at your taxable income.
3. Calculate tax liability:Compute your total tax liability based on the tax slabs under both the regimes.
4. Subtract Prepaid Taxes:Subtract any taxes already paid i.e., tax deducted at source (TDS), tax collected at source (TCS) and any previous instalments of advance tax paid during the financial year.
5. Determine Advance Tax Payable:If your estimated liability is more than ₹10,000, calculate your advance tax instalments.
Advance Tax Payment Schedule
- On or before 15th June 2025: 15% of tax liability.
- On or before 15th September 2025: 45% of tax liability (-) prepaid taxes.
- On or before 15th December 2025: 75% of tax liability (-) prepaid taxes.
- On or before 15th March 2026: 100% of tax liability (-) prepaid taxes.
Example: Advance Tax Calculation
Consider a taxpayer, Mr. Sharma, with the following details for the financial year:
- Income from Salary: ₹20,00,000
- Rental Income: ₹2,00,000
- Deductions under Section 80C: ₹1,50,000
- Tax Deducted at Source (TDS): ₹2,00,000
Step-by-Step Calculation:
- Estimate Total Income: ₹20,00,000 + ₹2,00,000 = ₹22,00,000
- Deductions: ₹22,00,000 - ₹1,50,000 = ₹20,50,000 (Taxable Income)
- Apply Tax Slab: Calculate tax liability based on applicable slabs.
- Calculate Total Tax Liability: Let’s assume ₹4,00,000.
- Subtract TDS: ₹4,00,000 - ₹2,00,000 = ₹2,00,000 (Advance Tax Payable)
- Total Advance Tax Payable: ₹2,00,000
| Due Date | Advance Tax Payable | Amount (₹) |
|---|---|---|
| 15-Jun | 15% of advance tax | 30,000 |
| 15-Sep | 45% of advance tax | 60,000 (90,000-30,000) |
| 15-Dec | 75% of advance tax | 60,000 (1,50,000-90,000) |
| 15-Mar | 100% of advance tax | 50,000 (2,00,000-1,50,000) |
How to Pay Advance Tax Online?
You can pay advance tax online via the Income Tax Department's e-filing portal or through authorized banks using Challan 280. Simply follow these steps:
1. Visit the income tax e-filing portal or the authorised bank's website.
2. Select the "Challan 280" option for income tax payment.
3. Enter details such as PAN, assessment year, and type of payment (advance tax).
4. Complete the payment using net banking, debit card, credit card, UPI and RTGS/NEFT.
Paying advance tax online is quick, secure, and helps ensure timely compliance.
Benefits of Paying Advance Tax
1. Avoid Interest:
Timely payment helps avoid interest and penalties under Sections 234B and 234C.
2. Manage Cash Flows:Paying in instalments makes it easier to manage cash flows.
3. Compliance:Ensures compliance with income tax regulations, reducing the risk of scrutiny or notices from tax authorities.
Consequences of Non-Payment
Failing to pay advance tax or underestimating your liability can lead to:
If the taxpayer pays at least 12% of the total tax by June 15 or 36% by September 15, they won’t have to pay any interest on any shortfall for these dates.
Section 234B: Interest for Default in Payment of Advance Tax
- If you do not pay at least 90% of your total tax liability by March 31, you will be charged interest at 1% per month or part of the month from April until the tax is paid.
Section 234C: Interest for Deferment of Advance Tax
- If you fail to pay advance tax, interest is charged at 1% per month or part of the month for a shortfall in each instalment. The interest is calculated as follows:
- 15% by June 15: Interest for 3 months on the shortfall.
- 45% by September 15: Interest for 3 months on the shortfall.
- 75% by December 15: Interest for 3 months on the shortfall.
- 100% by March 15: Interest for 1 month on the shortfall.
Frequently Asked Questions
How do I calculate my advance tax?
To calculate advance tax:
- Estimate your total income for the financial year, including salary, business income, capital gains, etc.
- Deduct eligible deductions under sections like 80C, 80D, etc., to arrive at your taxable income.
- Compute your total tax liability as per the applicable tax slabs.
- Subtract any TDS (Tax Deducted at Source), TCS (Tax Collected at Source) and any advance taxes paid during the year.
- If the net tax liability exceeds ₹10,000, you must pay advance tax in instalments as per the due dates.
What is the rate of advance tax?
Advance tax is paid in instalments based on your total tax liability. The rates are:
- 15th June: Pay 15% of total tax liability.
- 15th September: Pay 45% of total tax liability (cumulative).
- 15th December: Pay 75% of total tax liability (cumulative).
- 15th March: Pay 100% of total tax liability.
What is the advance tax slab for FY 2025-26?
The tax slabs for FY 2025-26 differ based on the regime chosen:
Old Regime:
- ₹0 - ₹2,50,000: Nil
- ₹2,50,001 - ₹5,00,000: 5%
- ₹5,00,001 - ₹10,00,000: 20%
- Above ₹10,00,000: 30%
New Regime:
- ₹0 - ₹4,00,000: Nil
- ₹4,00,001 - ₹8,00,000: 5%
- ₹8,00,001 - ₹12,00,000: 10%
- ₹12,00,001 - ₹16,00,000: 15%
- ₹16,00,001 - ₹20,00,000: 20%
- ₹20,00,001 - ₹24,00,000: 25%
- Above ₹24,00,000: 30%
For advance tax, calculate your total liability based on the regime and pay according to the instalment schedule.
Do you need to pay advance tax on capital gains income?
Yes, you have to pay advance tax on all income, including capital gains. However, it can be difficult to estimate capital gains in advance accurately.
Can you revise your income estimate after paying the first or second advance tax?
If your income estimate changes after paying the first or second advance tax instalment, you can adjust your remaining advance tax payments based on your revised estimate.
What if your actual income is lower than the estimated income?
If your actual income is less than your estimated income, you can claim a refund of the excess advance tax paid when you file your income tax return.
Is advance tax the same as self-assessment tax?
No, advance tax is different from self-assessment tax. Advance tax is the tax you pay in advance on the income you earn throughout the year. You typically pay it in four instalments before the end of the financial year.
After considering advance tax along with TDS (tax deducted at source) and TCS (tax collected at source), if you still owe tax for the financial year, that amount is called self-assessment tax. Unlike an advance tax, there is no fixed date to pay self-assessment tax, but it must be paid before you file your income tax return.
After considering advance tax along with TDS (tax deducted at source) and TCS (tax collected at source), if you still owe tax for the financial year, that amount is called self-assessment tax. Unlike an advance tax, there is no fixed date to pay self-assessment tax, but it must be paid before you file your income tax return.
Who does not have to pay advance tax?
A resident senior citizen whose age is 60 or above and has no income from business or profession does not have to pay advance tax.
What is the due date for paying advance tax if the taxpayer is under the presumptive taxation scheme?
If an individual has chosen the presumptive taxation scheme under Section 44AD or 44ADA, he/she can pay the full advance tax in a single instalment by March 15, 2026.
Can you pay advance tax after March 15, 2026?
Yes, any tax paid on or before March 31, 2026 will still be considered advance tax for the financial year 2025-26.
Disclaimer
1 Finance Private Limited operates independently. The information presented herein is intended solely for educational and informational purposes and should not be construed as financial advice. Before making any financial decisions, it's essential to undertake your own thorough research and analysis. If you're uncertain about any financial matters, we strongly recommend seeking guidance from a qualified financial advisor.
Frequently Asked Questions
How do I calculate my advance tax?
To calculate advance tax:
- Estimate your total income for the financial year, including salary, business income, capital gains, etc.
- Deduct eligible deductions under sections like 80C, 80D, etc., to arrive at your taxable income.
- Compute your total tax liability as per the applicable tax slabs.
- Subtract any TDS (Tax Deducted at Source), TCS (Tax Collected at Source) and any advance taxes paid during the year.
- If the net tax liability exceeds ₹10,000, you must pay advance tax in instalments as per the due dates.
What is the rate of advance tax?
Advance tax is paid in instalments based on your total tax liability. The rates are:
- 15th June: Pay 15% of total tax liability.
- 15th September: Pay 45% of total tax liability (cumulative).
- 15th December: Pay 75% of total tax liability (cumulative).
- 15th March: Pay 100% of total tax liability.
What is the advance tax slab for FY 2025-26?
The tax slabs for FY 2025-26 differ based on the regime chosen:
Old Regime:
- ₹0 - ₹2,50,000: Nil
- ₹2,50,001 - ₹5,00,000: 5%
- ₹5,00,001 - ₹10,00,000: 20%
- Above ₹10,00,000: 30%
New Regime:
- ₹0 - ₹4,00,000: Nil
- ₹4,00,001 - ₹8,00,000: 5%
- ₹8,00,001 - ₹12,00,000: 10%
- ₹12,00,001 - ₹16,00,000: 15%
- ₹16,00,001 - ₹20,00,000: 20%
- ₹20,00,001 - ₹24,00,000: 25%
- Above ₹24,00,000: 30%
For advance tax, calculate your total liability based on the regime and pay according to the instalment schedule.
Do you need to pay advance tax on capital gains income?
Yes, you have to pay advance tax on all income, including capital gains. However, it can be difficult to estimate capital gains in advance accurately.
Can you revise your income estimate after paying the first or second advance tax?
If your income estimate changes after paying the first or second advance tax instalment, you can adjust your remaining advance tax payments based on your revised estimate.
What if your actual income is lower than the estimated income?
If your actual income is less than your estimated income, you can claim a refund of the excess advance tax paid when you file your income tax return.
Is advance tax the same as self-assessment tax?
No, advance tax is different from self-assessment tax. Advance tax is the tax you pay in advance on the income you earn throughout the year. You typically pay it in four instalments before the end of the financial year.
After considering advance tax along with TDS (tax deducted at source) and TCS (tax collected at source), if you still owe tax for the financial year, that amount is called self-assessment tax. Unlike an advance tax, there is no fixed date to pay self-assessment tax, but it must be paid before you file your income tax return.
After considering advance tax along with TDS (tax deducted at source) and TCS (tax collected at source), if you still owe tax for the financial year, that amount is called self-assessment tax. Unlike an advance tax, there is no fixed date to pay self-assessment tax, but it must be paid before you file your income tax return.
Who does not have to pay advance tax?
A resident senior citizen whose age is 60 or above and has no income from business or profession does not have to pay advance tax.
What is the due date for paying advance tax if the taxpayer is under the presumptive taxation scheme?
If an individual has chosen the presumptive taxation scheme under Section 44AD or 44ADA, he/she can pay the full advance tax in a single instalment by March 15, 2026.
Can you pay advance tax after March 15, 2026?
Yes, any tax paid on or before March 31, 2026 will still be considered advance tax for the financial year 2025-26.
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Disclaimer
1 Finance Private Limited operates independently. The information presented herein is intended solely for educational and informational purposes and should not be construed as financial advice. Before making any financial decisions, it's essential to undertake your own thorough research and analysis. If you're uncertain about any financial matters, we strongly recommend seeking guidance from a qualified financial advisor.