Advance Tax Calculator

Think advance tax is a year-end scramble? Think again. Smart taxpayers pay as they earn, quarter by quarter.

The Easy Return Advance Tax Calculator shows exactly what you owe and when. Enter your income, apply your deductions, and get your advance tax liability under both the old regime and new regime in minutes.

No spreadsheets. No last-minute panic. Just a clear number and a clear deadline.

Compute your quarterly installments instantly.

Compare old regime vs new regime side by side.

Factor in TDS, capital gains, and business income.

Avoid Section 234B and Section 234C interest.

Calculate My Advance Tax Now →

What Is Advance Tax?

Advance tax is income tax you pay during the financial year — not after it ends.

You estimate your income tax liability for the year. You split it into quarterly installments. You pay each part before its deadline.

The government calls it "pay as you earn." The logic here is simple. You clear your dues in steps, not one heavy blow.

Estimate Calculate your expected tax liability for the year.

Split Divide the amount into quarterly installments.

Pay Clear each installment before its deadline.

Advance tax applies when your total tax owed after TDS crosses ₹10,000 in a financial year. It covers income from salary, capital gains, business income, freelance income, rent, and interest.

Steady payments protect your cash flow. They also keep you clear of penalty interest.

What Is an Advance Tax Calculator?

Guesswork creates risk. A calculator creates certainty.

The Easy Return Advance Tax Calculator turns your income details into a precise advance tax payment schedule. You feed in the numbers. It handles the slab math, the deductions, and the regime comparison.

Here's what you get:

See Your exact liability for each due date.

Compare Tax under the old regime and new regime.

Adjust For TDS and self-assessment tax already paid.

Plan Payments before Section 234B and Section 234C apply.

The tool serves everyone — salaried earners, founders, and independent professionals. One input flow. One clear answer.

Quarterly Due Dates for Advance Tax

Deadlines drive advance tax. Miss one, and interest starts building.

You pay in four parts across the financial year. Each installment covers a fixed share of your total liability.

Due Date	Advance Tax Payable
On or before 15 June	15% of total advance tax
On or before 15 September	45% of advance tax (minus amount already paid)
On or before 15 December	75% of advance tax (minus amount already paid)
On or before 15 March	100% of advance tax (minus amount already paid)

Different rules apply to presumptive taxation filers.

If you declare income under Section 44AD or Section 44ADA, you skip the four-part schedule. You pay the full amount in a single shot.

Due Date	Advance Tax Payable
On or before 15 March	100% of advance tax

Mark these dates early. Late payment invites interest, not flexibility.

Who Is Required to Pay Advance Tax?

Assume advance tax is only for big businesses? Think again. The rule reaches far wider.

You must pay when your net tax liability exceeds ₹10,000 in a financial year. That threshold catches most earning profiles.

The rule applies to:

Salaried professionals with income beyond salary (rent, capital gains, interest).
Business owners and companies running trade or manufacturing.
Freelancers and consultants earning freelance income.
Professionals — doctors, lawyers, architects, designers.
HUF, AOP, firms, and LLPs with taxable income.
NRIs earning income taxable in India, based on residential status.

One exemption stands out. Resident senior citizens (60+) with no business income skip advance tax entirely.

For everyone else, the math is clear. Cross the threshold, and the schedule applies.

Consequences of Non-Payment – Section 234B & Section 234C

Skip your advance tax, and the cost compounds. Two sections define the penalty.

Interest is not a fine. It's the price of delay.

Section 234B – Default in Payment

Section 234B triggers when you pay less than 90% of your total tax as advance tax.

You pay 1% simple interest per month. It runs from April of the assessment year until you clear the balance through self-assessment tax.

Section 234C – Deferment of Installments

Section 234C applies when you miss a quarterly installment target.

You pay 1% per month on the shortfall for each late quarter. The interest attaches to the specific installment you underpaid.

The takeaway:

Pay 90% or more to avoid Section 234B.
Hit every quarterly target to avoid Section 234C.
Estimate early, so shortfalls never surface.

Accurate planning removes both risks. The calculator does that work for you.

How to Use the Easy Return Advance Tax Calculator

Complexity breeds hesitation. Clarity accelerates action. Five steps deliver your full schedule.

Select your profile. Choose your taxpayer type — Individual, HUF, AOP, firm, or company. Add your age group and residential status.
Enter your income. Add income from salary, business income, freelance income, capital gains, rent, and interest.
Apply your deductions. Claim Section 80C, 80D, 80E, 80G, 80TTA, and any others you qualify for.
Add taxes paid. Input TDS deducted and any advance tax or self-assessment tax already remitted.
Calculate. View your liability under both the old regime and new regime, split across all four due dates.

That's it. One flow, and your advance tax payment plan is set.

Run My Numbers →

Income Tax Slab Rates

Your regime choice shapes your advance tax. Two structures. Two different outcomes.

The new regime rewards simplicity with lower rates. The old regime rewards planning with deductions.

New Regime Slab Rates

Income Slab (₹)	Tax Rate
Up to 4 lakh	Nil
4 lakh to 8 lakh	5%
8 lakh to 12 lakh	10%
12 lakh to 16 lakh	15%
16 lakh to 20 lakh	20%
20 lakh to 24 lakh	25%
Above 24 lakh	30%

Old Regime Slab Rates

Income Slab (₹)	Tax Rate
Up to 2.5 lakh	Nil
2.5 lakh to 5 lakh	5%
5 lakh to 10 lakh	20%
Above 10 lakh	30%

Senior and super senior citizens receive higher exemption limits under the old regime. The calculator applies these automatically once you set your age.

Advance Tax Calculation Example

Numbers speak louder than theory. Walk through one profile.

Meet Rohan. He runs a consulting practice with freelance income and some interest earnings.

Estimated total income ₹18,00,000

Deductions claimed ₹2,00,000

TDS already deducted ₹40,000

Here's how his advance tax breaks down under the new regime:

Particulars	Amount (₹)
Estimated total income	18,00,000
Estimated tax (before credit)	2,00,000
Less: TDS deducted	40,000
Net advance tax payable	1,60,000

Now spread that ₹1,60,000 across the four quarterly installments:

Due Date	Cumulative %	Amount Due (₹)
15 June	15%	24,000
15 September	45%	72,000 (48,000 this quarter)
15 December	75%	1,20,000 (48,000 this quarter)
15 March	100%	1,60,000 (40,000 this quarter)

Rohan pays on schedule. He avoids Section 234B and Section 234C completely.

That's the difference between reacting and planning.

Frequently Asked Questions

What is the minimum tax liability for advance tax to apply?

You pay advance tax when your net tax owed after TDS exceeds ₹10,000 in a financial year. Below that, the rule does not apply.

Do salaried employees need to pay advance tax?

Your employer deducts TDS on salary. But if you earn extra income — capital gains, rent, or interest — and your net liability crosses ₹10,000, you pay advance tax on that portion.

Can I pay advance tax after the due date?

Yes, but interest applies. Section 234C charges 1% monthly on missed quarterly installments. Section 234B applies if you pay under 90% of your total tax.

How is advance tax different from self-assessment tax?

You pay advance tax during the financial year, in installments. You pay self-assessment tax after the year ends, before ITR filing, to clear any remaining balance.

Who is exempt from paying advance tax?

Resident senior citizens aged 60 and above with no business income are exempt. Everyone else above the threshold must pay.

How do presumptive taxpayers pay advance tax?

Filers under Section 44AD or Section 44ADA pay the full advance tax in one installment, by 15 March. They skip the four-part schedule.

Does the calculator work for both tax regimes?

Yes. The EasyReturn Advance Tax Calculator computes liability under the old regime and new regime, so you compare both before you pay.

How do NRIs handle advance tax?

NRIs pay advance tax on income taxable in India. Liability depends on residential status and income type — capital gains, rent, or business income.

What happens to advance tax when I file my return?

Your advance tax paid adjusts against your final income tax liability during ITR filing. Any excess becomes a refund. Any shortfall becomes self-assessment tax.

Can I revise my advance tax estimate mid-year?

Yes. Recalculate whenever your income changes. Adjust later quarterly installments to match your updated advance tax figure.

Stop Guessing. Start Planning.

Your advance tax deadline moves closer every day. Waiting builds interest. Planning builds control. The Easy Return Advance Tax Calculator hands you an exact number and a clear schedule — free, fast, and built for every taxpayer.

Quarterly Installments

Old vs New Regime

TDS Adjustment

Calculate Advance Tax Now

Written & Reviewed By

CA Sagar Batra

ICAI Registered Chartered Accountant · 10+ Years of Professional Experience · 12,000+ Tax Filings

Chartered Accountant with experience in taxation, compliance and business advisory. His work covers Income Tax, GST, TDS, tax notices, business compliance and financial documentation for individuals and businesses across India.

✓ Income Tax ✓ GST ✓ TDS ✓ Tax Notices ✓ Business Compliance

✓ Content reviewed for tax accuracy, practical relevance and compliance context.

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