| Date | % Due | Cumulative Amount | Installment Amount |
|---|
Advance Tax Calculator FY 2025-26 – Calculate Payment Schedule Online
Advance tax must be paid when your total tax liability exceeds ₹10,000 in a financial year after adjusting TDS. This Advance Tax Calculator helps you calculate:
- Total tax liability under FY 2025-26 slabs
- Surcharge and 4% health and education cess
- TDS adjustment
- Net advance tax payable
- Quarterly payment schedule
- Estimated exposure to interest under Sections 234B and 234C
It is built for Individuals, HUFs, Firms and Companies.
What Is Advance Tax?
Advance tax is income tax paid in instalments during the financial year instead of paying the entire amount at the end of the year.
It applies when:
- Your total tax liability after TDS exceeds ₹10,000
- You have income from business, profession, capital gains, rent, interest, or other sources
- You are self-employed or a freelancer
- You earn significant income without sufficient TDS deduction
Advance tax ensures the government receives tax revenue throughout the year.
Who Should Pay Advance Tax?
Individual Taxpayers
If you earn income from business, freelancing, capital gains, rental income or high interest income.
HUF
If total tax liability exceeds ₹10,000.
Firm / Company
Businesses must compute and pay advance tax if applicable.
Non-Resident
Non-residents earning taxable income in India may also be liable.
Advance Tax Due Dates (FY 2025-26)
Advance tax must be paid in the following instalments:
| Due Date | % of Total Tax Payable |
|---|---|
| 15 June | 15% |
| 15 September | 45% |
| 15 December | 75% |
| 15 March | 100% |
The calculator automatically generates this schedule based on your net advance tax payable.
How This Advance Tax Calculator Works
This tool calculates tax under the FY 2025-26 new regime slab structure.
Step 1: Calculate Base Tax
For individuals under the new regime:
- Up to ₹4,00,000: 0%
- ₹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 firms and companies, a flat 30% base tax is applied.
Step 2: Add Surcharge
Surcharge applies at higher income thresholds:
- Above ₹50 lakh
- Above ₹1 crore
- Above ₹2 crore
The calculator applies surcharge based on your income.
Step 3: Add Health and Education Cess
4% cess is added on:
Base Tax + Surcharge
Step 4: Adjust TDS
Your TDS credits are deducted from total tax liability.
Net Advance Tax = Total Tax – TDS
If net advance tax is more than ₹10,000, instalments are generated.
Example
Suppose:
- Estimated taxable income: ₹10,00,000
- TDS deducted: ₹50,000
The calculator will:
- Compute slab-wise base tax
- Add 4% cess
- Deduct TDS
- Show remaining advance tax payable
- Split it into quarterly instalments
It will also show your total tax breakdown into:
- Base tax
- Surcharge (if applicable)
- Cess
And generate a payment schedule automatically.
What the Results Section Shows
Tax Breakdown
Visual representation of:
- Base tax
- Surcharge
- Cess
Summary
- Income considered
- Total tax liability
- TDS deducted
- Net advance tax payable
- Estimated interest exposure
Payment Schedule
You get:
- Due date
- Percentage payable
- Amount payable in each instalment
- Cumulative amount
This helps you avoid underpayment penalties.
Interest Under Sections 234B and 234C
If advance tax is not paid properly:
- Section 234C applies if instalments are missed or underpaid
- Section 234B applies if 90% of total tax is not paid by March 31
Interest is generally charged at 1% per month on the shortfall.
This calculator estimates exposure so you can plan timely payments.
How to Use This Calculator
- Select taxpayer type
- Choose residential status
- Enter estimated taxable income
- Enter TDS credits
- Click Calculate
You can also:
- Share your plan via link
- Download CSV
- Generate a shareable image
Why This Advance Tax Calculator Is Useful
- Uses updated FY 2025-26 slab structure
- Includes surcharge logic
- Applies 4% cess automatically
- Adjusts TDS
- Generates quarterly schedule instantly
- Works for Individual, HUF, Firm and Company
- Mobile-friendly schedule view
- Shareable and exportable results
Advance Tax vs Self-Assessment Tax
| Feature | Advance Tax | Self-Assessment Tax |
|---|---|---|
| Paid During Year | Yes | After year ends |
| Instalments | Yes | No |
| Interest Risk | Lower if paid correctly | Higher if delayed |
Frequently Asked Questions
If TDS deducted by employer covers total tax liability, advance tax is not required. If you have additional income, you may still need to pay.
Interest under Section 234C may apply on the shortfall.
Yes, if tax liability exceeds ₹10,000 after TDS.
Surcharge is applied as a percentage of base tax if income crosses prescribed thresholds.
No. Cess is applied on base tax plus surcharge.
Yes. You can adjust payments in later instalments based on updated income estimates.
Excess tax can be claimed as refund when filing income tax return.