Advance Tax Calculator
Plan your quarterly advance tax payments with a detailed installment schedule and penalty calculator for late payments.
Enter Your Details
Fill in your income sources and deductions to estimate advance tax liability.
...
Total Estimated Annual Income₹0
Tax-Saving Investments (Annual)
PPF, ELSS, LIC, NSC, Home Loan Principal (max ₹1,50,000)
Health Insurance premium (max ₹25,000 / ₹50,000 for seniors)
Taxes Already Paid (Annual)
Check Form 26AS / Form 16
Challan 280 (Self-Assessment Tax)
What is Advance Tax?
Advance tax is the income tax paid in installments during the financial year, instead of a lump sum at year-end. It applies if your tax liability exceeds ₹10,000.
The Income Tax Act requires taxpayers to pay tax in four quarterly installments to ensure steady government revenue and avoid year-end burden.
Who Should Use This?
- ✓Salaried individuals with additional income
- ✓Business owners and freelancers
- ✓Investors with capital gains
- ✓NRI with Indian income sources