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Advance Tax Calculator
Quarterly advance tax installments for the financial year.
Enter values to see your result
Frequently asked questions
Who must pay advance tax?
Anyone whose tax liability (after TDS) exceeds ₹10,000 for the year — salaried with high capital gains, freelancers, business owners. Senior citizens without business income are exempt.
What if I miss a quarter?
Interest under Section 234C (1%/month) applies on the shortfall of each installment. Pay promptly to minimize interest.
Can advance tax be paid online?
Yes — through Challan 280 on the Income Tax portal or through net banking. Immediate electronic receipt.
Is advance tax the same as TDS?
No. TDS is deducted by the payer; advance tax is self-paid by you. Both count toward your final tax liability.