Tax & Compliance Calculators

Simplify tax calculations and compliance with our comprehensive tax calculators. Plan your taxes, maximize savings, and stay compliant with Indian tax laws.

Advance Tax Calculator (India)

Advance Tax Due Dates

• 15th June: 15% of annual tax
• 15th September: 45% of annual tax
• 15th December: 75% of annual tax
• 15th March: 100% of annual tax
Total Tax Liability
3,00,000
Total Tax Liability
3,00,000
TDS Deducted
50,000
Tax Already Paid
0
Balance Tax Payable
2,50,000

Advance Tax Installment Schedule

Detailed Installment Schedule

Due DatePercentageInstallment Amount (₹)Cumulative Amount (₹)
15-Jun15%37,50037,500
15-Sep45%75,0001,12,500
15-Dec75%75,0001,87,500
15-Mar100%62,5002,50,000

How Advance Tax Works?

Advance tax is the tax paid in advance instead of paying lump sum at the end of the financial year. It's mandatory for individuals whose tax liability exceeds ₹10,000 in a financial year.

  • Who must pay: Individuals with tax liability over ₹10,000 after TDS deduction.
  • Installments: Pay in 4 quarterly installments on specified due dates.
  • Penalty: Interest of 1% per month charged for delay or shortfall in payment.

Use this calculator to plan your advance tax payments and avoid penalties. The amounts shown are estimates based on simplified calculations.