Format: ABCDE1234F
Senior citizens (60+) may be exempt from advance tax
100% advance tax payable on 15 March only
Standard deduction of ₹50,000 applies automatically
Enter your final net business/profession income
Advance Tax Paid (Installment-wise)
15% of estimated tax
45% cumulative
75% cumulative
100% total tax liability
Tax Deducted/Collected at Source
Tax deducted by payers (salary, interest, etc.)
Tax collected by sellers (vehicles, property, etc.)
| Quarter | Due Date | Required | Paid | Status |
|---|---|---|---|---|
Q1 | 15 June 2024 15% cumulative | ₹0 (₹0) | ₹0 (₹0) | OK |
Q2 | 15 September 2024 45% cumulative | ₹0 (₹0) | ₹0 (₹0) | OK |
Q3 Current | 15 December 2024 75% cumulative | ₹0 (₹0) | ₹0 (₹0) | OK |
Q4 | 15 March 2025 100% cumulative | ₹0 (₹0) | ₹0 (₹0) | Planned |
Important Notes:
- Interest u/s 234B applies for shortfall in total advance tax (below 90%)
- Interest u/s 234C applies for deferment of quarterly installments
- Cumulative amounts shown in parentheses
No Interest Payable
Amount Payable
₹0
• This calculator is for FY 2025-26 (AY 2026-27) based on current tax laws.
• Advance tax is payable if your tax liability exceeds ₹10,000 in a financial year.
• Senior citizens (60+) with no business income are exempt from advance tax.
• Interest u/s 234B is charged at 1% per month for shortfall in advance tax.
• Interest u/s 234C is charged at 1% per month for deferment of installments.
• This is an estimate. Please consult a tax professional for accurate calculations.