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What do you owe, and when?

If your estimated tax liability for the year crosses ₹10,000, advance tax isn't optional — it's due in four instalments, with interest if you miss them.

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Before you calculate

What is advance tax, and who needs to pay it?

Advance tax is income tax paid in instalments during the financial year, rather than as a lump sum after it ends — required whenever your estimated total tax liability for the year is ₹10,000 or more, after accounting for TDS already deducted. It's paid across four instalments, each with its own due date and cumulative percentage.

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Tax regime

Estimated annual income (₹)

TDS already deducted this year (₹)

Net advance tax liability

₹ 97,500

15 Jun 2025 — 15% cumulative₹ 14,625

15 Sep 2025 — 45% cumulative₹ 43,875

15 Dec 2025 — 75% cumulative₹ 73,125

15 Mar 2026 — 100% cumulative₹ 97,500

Under the new regime, on ₹15,00,000 annual income

Illustrative estimate for FY 2025-26 — assumes no other deductions beyond the standard deduction. Presumptive taxpayers under Sections 44AD/44ADA can pay 100% in a single instalment by 15 March instead. Book a consultation for an exact schedule.

In plain language

Why it's paid in four pieces, not one

Four cumulative instalments

15% by mid-June, 45% by mid-September, 75% by mid-December, and 100% by mid-March — each based on your total estimated liability for the year.

Only above the ₹10,000 threshold

If your total estimated tax after TDS is below ₹10,000, advance tax simply doesn't apply to you.

Missing a due date costs interest

Falling short of the cumulative amount by each date attracts interest under Sections 234B and 234C — small percentages that add up.

Questions

Frequently asked

01What if my income changes significantly during the year?

You can revise your advance tax instalments as your estimate changes — later instalments simply adjust based on your updated cumulative liability.

02Are senior citizens exempt from advance tax?

Resident senior citizens (60 or older) with no income from business or profession are fully exempt, regardless of the amount.

03What's different for presumptive taxpayers?

Those filing under Sections 44AD or 44ADA can pay their entire advance tax liability in a single instalment by 15 March, instead of the usual four.

04What happens if I underpay an instalment?

Interest applies under Sections 234B and 234C on the shortfall — the exact amount depends on how much was underpaid and for how long.

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Where to go next

Tax Planning & Advisory

Get your instalments planned around your actual cash flow through the year.

OngoingExplore Service

Business Income Tax

Advance tax planning for business and professional income, not just salary.

OngoingExplore Service

ITR-2 Return Filing

File correctly when your income includes capital gains or multiple sources.

5–7 daysExplore Service

Learn more

Vol. 01What Happens If You Miss an Advance Tax InstalmentThe interest under Sections 234B and 234C, explained with examples.Guide01 / 03 Vol. 02Advance Tax for Freelancers and ConsultantsWhy irregular income makes advance tax easy to underpay without noticing.Guide02 / 03 Vol. 03Presumptive Taxation and the Single-Instalment RuleHow Sections 44AD and 44ADA simplify advance tax to one payment.Guide03 / 03

Selected · Vol. 02

Advance Tax for Freelancers and Consultants — Why irregular income makes advance tax easy to underpay without noticing.

Read article

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What do you owe, and when?

What is advance tax, and who needs to pay it?

Work out your instalment schedule

Why it's paid in four pieces, not one

Four cumulative instalments

Only above the ₹10,000 threshold

Missing a due date costs interest

Frequently asked

Where to go next

Tax Planning & Advisory

Business Income Tax

ITR-2 Return Filing

Related articles

Let's figure out exactly what your situation needs.

Thank you — we've received your details.

What do you owe, and when?

What is advance tax, and who needs to pay it?

Work out your instalment schedule

Why it's paid in four pieces, not one

Four cumulative instalments

Only above the ₹10,000 threshold

Missing a due date costs interest

Frequently asked

Where to go next

Tax Planning & Advisory

Business Income Tax

ITR-2 Return Filing

Related articles

Let's figure out exactly what your situation needs.

Thank you — we've received your details.