Welthr
Calculators
All calculators

Advance Tax Calculator

Whether you need to pay advance tax, how much is due by each date, and the interest on a late or short instalment.

Income for 2026-27 (estimate)
₹
₹

Profit, after expenses.

₹
₹
₹
₹

Salary TDS (your employer's estimate), TDS on interest and other TDS.

Advance tax already paid
₹
₹
₹
₹
Advance tax for the year
₹42,400

Tax ₹1,92,400 less ₹1,50,000 TDS

Still to pay
₹42,400

After what you've paid

Interest so far (estimate)
₹763

₹2,141 for the year if nothing more is paid

Instalments
Due byTotal duePaidShort byInterest
15 June 2026(passed)₹6,360₹0₹6,360₹191
15 September 2026(passed)₹19,080₹0₹19,080₹572
15 December 2026₹31,800₹0₹31,800₹954
15 March 2027₹42,400₹0₹42,400₹424

Amounts are cumulative. Interest is 1% a month on the shortfall: 3 months for the June, September and December instalments, 1 month for March. Paying less than 90% by 31 March adds 1% a month from April until it's paid.

Know your income and spending all year with Expenses Pro — free for 10 days

Track income and spending by category, with budgets and statement import, so working out tax is a quick check.

Try Expenses Pro free

How advance tax works

Tax is due as you earn, not when you file. Salaried people mostly pay through TDS; income without TDS (business profit, freelance fees, rent, interest above what's deducted, capital gains) needs advance tax in four instalments. Pay online through the Income Tax Department's e-Pay Tax service.

The Income-tax Act, 2025 kept the same dates and interest rules for tax year 2026-27; only the section numbers changed (408 for the instalments, 424 and 425 for interest, previously 211, 234B and 234C).

How this calculator works

  • Slab tax comes from the income tax calculator's rules for 2026-27, with cess. Gains on listed shares and equity funds are added at 20% (short term) and 12.5% above ₹1.25 lakh (long term); for other gains use the capital gains calculator.
  • The 87A rebate isn't given against those gains, and none applies when total income with gains is above the limit. Surcharge on gains (above ₹50 lakh of income) isn't included.
  • Interest is an estimate: 1% a month on each instalment's shortfall, with no interest if 12% is paid by June and 36% by September. Gains that arise after an instalment date can be paid with the next one; that relief isn't shown.

Results are estimates for illustration only, not financial advice. Banks and schemes may round, apply TDS or use slightly different day counts — confirm figures with your bank or employer. Written by the Welthr team; last reviewed on .

Frequently asked questions

Who has to pay advance tax?

Anyone whose tax for the year, after TDS and TCS, is ₹10,000 or more: usually freelancers, consultants, business owners, and salaried people with large interest, rent or capital gains. Resident senior citizens (60+) without business or professional income don't have to.

What are the advance tax due dates for 2026-27?

15% of the year's tax by 15 June 2026, 45% by 15 September, 75% by 15 December, and 100% by 15 March 2027. With presumptive business income (44AD/44ADA), all of it by 15 March.

What happens if I pay advance tax late?

Interest of 1% a month on the amount short: 3 months for each of the first three instalments and 1 month for the last. If you've paid less than 90% of the year's tax by 31 March, a further 1% a month runs from April until you pay.