Advance Tax Calculator
See how much advance tax to pay by each due date, and estimate the interest if you have paid less than required.
Your advance tax plan
| Due date | Pay at least (cumulative) | This installment | Paid so far | Status |
|---|
Estimate only. Interest under section 234B (if less than 90% of the tax is paid by 31 March) and section 234A is not calculated here. Interest under 234C may not apply to a shortfall caused by capital gains or dividends that arose after the due date. Please confirm with a Chartered Accountant. You can pay on the income tax e-filing portal under e-Pay Tax, using challan 280.
Advance tax rules in short
- Anyone whose tax payable after TDS is 10,000 or more in the year
- Salaried people with other income such as interest, rent or capital gains
- Professionals, freelancers and businesses
- Resident senior citizens (60 or above) with no business or professional income
- Anyone whose tax after TDS is below 10,000
Due dates and how much to pay
| By | Cumulative share of your tax |
|---|---|
| 15 June | 15% |
| 15 September | 45% |
| 15 December | 75% |
| 15 March | 100% |
Taxpayers under presumptive taxation (44AD or 44ADA) can pay the full amount in one installment by 15 March. Missing a due date attracts interest of 1% a month under section 234C, and paying less than 90% of the tax by 31 March attracts interest under section 234B.
Not sure how much you owe? Send us your income details and we will work out your advance tax and remind you before each due date.
