Advance Tax Calculator
Estimate advance tax instalments, tax liability & interest estimates for FY 2025–26. Enter values in ₹.
| Gross Income ₹ | 0 |
| Standard Deduction ₹ | 0 |
| Other Deductions ₹ | 0 |
| Taxable Income ₹ | 0 |
| Estimated Tax (before cess & rebate) ₹ | 0 |
| Cess (4%) ₹ | 0 |
| Rebate (if applicable) ₹ | 0 |
| Final Tax Liability ₹ | 0 |
| TDS / TCS ₹ | 0 |
| Advance Tax Paid ₹ | 0 |
| Balance Tax to be paid ₹ | 0 |
| Due | % | Cumulative Due ₹ | Shortfall ₹ |
|---|---|---|---|
| 15 Jun | 15% | 0 | 0 |
| 15 Sep | 45% | 0 | 0 |
| 15 Dec | 75% | 0 | 0 |
| 15 Mar | 100% | 0 | 0 |
| 234C (instalment shortfalls) ₹ | 0 |
| 234B (if total < 90%) ₹ | 0 |
| Total Estimated Interest ₹ | 0 |
Advance Tax Calculator for AY 2025-26: How to Calculate, Due Dates, Interest, Refunds & Full Guide
Paying advance tax has become an important part of tax
planning for individuals, freelancers, professionals, and businesses in India.
If your estimated tax liability after TDS crosses ₹10,000, you must pay advance
tax during the financial year instead of waiting until filing your ITR. Many
people often look up “How do I calculate my advance tax?” while planning their
tax payments, which regime to choose, what counts as taxable income, and
whether advance tax is refundable. This article gives you a clear, practical
explanation along with a professional Advance Tax Calculator you can
embed on your website.
This guide is written for AY 2025-26 and includes accurate rules, due dates, slab structure, FAQs, and step-by-step instructions.
What is Advance Tax? Who pays advance income tax?
Advance tax means paying tax on income as you earn it,
instead of paying everything at the end of the year. It follows the
pay-as-you-earn principle and is mandatory for most taxpayers.
You must pay advance tax if:
- Your
total tax liability after TDS is more than ₹10,000 in a financial
year.
- You
earn income from salary, business, freelancing, rent, interest, or capital
gains.
- You
are a company, LLP, partnership, or sole proprietorship.
This answers the common search query: “Who pays advance
income tax?”
Anyone with tax liability above ₹10,000, including salaried individuals with
additional income, must pay it.
Exception:
Resident senior citizens (60+) without business income are not required
to pay advance tax.
What is the threshold limit for advance tax?
The threshold is simple:
If your net tax payable > ₹10,000 after subtracting TDS, you must pay
advance tax.
This provision is valid in both the old and the new tax
regimes.
Advance Tax Slab and Tax Calculation Structure
Many readers search for “advance tax slab”, but
advance tax does not have a separate slab.
Tax is calculated using the same income tax slabs of the chosen regime:
- New
Tax Regime (default) — lower tax rates, no major deductions
- Old
Tax Regime — higher rates but allows 80C, 80D, HRA, and other
deductions
After computing total tax, subtract TDS, then the remaining
amount becomes your advance tax liability.
If you want the easiest way, use an advance tax
calculator, which applies the correct slab automatically.
Advance Tax Dates for FY 2024-25 / AY 2025-26
Taxpayers must pay instalments before the following
deadlines:
|
Advance Tax Date |
Percentage of Total Tax to Pay |
|
On or before 15 June |
15% of total tax payable |
|
On or before 15 September |
45% of total tax payable |
|
On or before 15 December |
75% of total tax payable |
|
On or before 15 March |
100% of total tax payable |
Presumptive taxpayers (44AD/44ADA):
Must pay 100% by 15 March.
These are the official advance tax dates as per
income tax rules.
Why use an Advance Tax Calculator?
Calculating advance tax manually is tricky: you must
estimate yearly income, apply the correct tax slabs (old vs new), subtract
deductions and TDS, and then split instalments by the exact percentages. A good
calculator:
- Applies
the correct tax slabs and standard deductions
- Calculates
advance tax instalments automatically
- Shows
balance due, shortfalls and interest estimates under Sections
234B and 234C
- Lets
you download the result or export CSV for record keeping
The Fininformatory Advance Tax Calculator is built
for accuracy and ease. It supports both old and new regimes, optional standard
deduction for salaried taxpayers, and gives instalment schedules and simple
interest estimates.
How to use the Fininformatory Advance Tax Calculator (simple steps)
- Select
tax regime — choose New or Old.
- Select
age group — seniors get higher basic exemption under the old regime.
- Enter
gross income — all sources combined for the financial year.
- Add
deductions — 80C, 80D, 80TTA, etc., plus standard deduction if
salaried.
- Enter
TDS and advance tax already paid.
- Click
Calculate — the calculator shows taxable income, estimated
tax, instalment schedule, and interest estimates.
Pro tip: If you are a presumptive taxpayer, set the
presumptive option — the calculator will show the instalment rule to pay 100%
by 15 March.
Example (quick)
- Gross
income: ₹12,50,000
- Standard
deduction (salaried): ₹75,000
- Other
deductions (80C etc.): ₹50,000
- Taxable
income → 12,50,000 − 75,000 − 50,000 = ₹11,25,000
According to normal tax law, taxable ₹11.25 lakh —
apply slab rates, apply rebate (if eligible), subtract TDS and any advance paid
— the calculator computes instalments and any shortfall interest automatically.
Note: The Fininformatory calculator also supports an
optional setting — if you choose, it can show tax = ₹0 for
taxable incomes up to ₹12,00,000. This is a custom display option (not
part of official law) and useful if you prefer to show tax-free estimates for
small businesses or special client rules.
Interest rules (brief, but important)
- Section
234C — interest for shortfall in instalments. Usually charged at
1% per month on the shortfall for the applicable months (commonly 3
months for first three instalments, 1 month for final instalment).
- Section
234B — if you have paid less than 90% of total tax liability by
31 March, interest at 1% per month on the shortfall may apply from
April until payment/filing month.
Your calculator shows estimates for these interest
amounts so you can plan to avoid penalties.
Use our Income Tax Calculator
Frequently Asked Questions (Public Search FAQs)
1. How do I calculate my advance tax?
Estimate your total income, apply the income tax slab,
subtract deductions (if applicable), add cess, subtract TDS, and pay the
remaining amount as per instalment dates. The easiest method is to use an
advance tax calculator.
2. What is the threshold limit for advance tax?
If your tax liability after TDS is more than ₹10,000,
you must pay advance tax.
3. Who pays advance income tax?
Individuals, freelancers, professionals, businesses, and
companies who have tax liability above ₹10,000 must pay advance tax. Senior citizens
without business income are exempt.
4. Is advance tax refundable?
Yes, if you pay more than your actual tax, the excess is
refunded when you file your income tax return.
5. What happens if I miss the advance tax due dates?
The Income Tax Department charges interest under Sections
234B and 234C for shortfall or late payment.
6. What is the advance tax slab?
There is no separate “advance tax slab.” The same income tax
slabs under the old or new regime are used to compute the advance tax.
7. What are the advance tax dates?
15 June, 15 September, 15 December, and 15 March.
Presumptive taxpayers pay 100% by 15 March.
8. Do salaried people need to pay advance tax?
Yes, if their TDS does not cover their total tax liability,
especially when they have additional income such as rent, interest, or capital
gains.
9. How can I reduce my advance tax liability?
By claiming deductions under 80C, 80D, 80TTA (old regime)
and ensuring TDS is correctly deducted.
10. Can I pay advance tax online?
Yes. You can pay through the Income Tax portal using Challan 280 or through authorised bank net banking.
