Advance Tax

Splits estimated annual tax into the four statutory instalments (15 June, 15 September, 15 December, 15 March) and estimates interest under 234B / 234C if you underpay.

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How the Advance Tax works

Splits estimated annual tax into the four statutory instalments (15 June, 15 September, 15 December, 15 March) and estimates interest under 234B / 234C if you underpay.

Formula / method. Cumulative due: 15%, 45%, 75%, 100% of estimated tax. 234C interest applies to shortfall versus those percentages; 234B after 31 March on unpaid tax.

When to use it. Use it if you have non-salary income (rent, capital gains, profession) and TDS will not cover the year.

How to run a comparison

  1. Open Advance Tax from Home search, the Finance Studio hub, or this URL.
  2. Copy amounts, rates or dates from a document you already have — not a round marketing figure.
  3. Read the headline result and any breakdown (schedule, slabs, or intermediate rows).
  4. Change one input at a time so you can see what actually moves the answer.
  5. Cross-check with a related calculator below, then confirm statutory rates before you act.

Nothing you type is uploaded for server-side processing. Save or screenshot an output if you need it later; we do not keep a server-side history.

Notes and assumptions

Estimated income is yours to type. Relief for certain capital-gains timing is only as modelled.

Results are estimates for education and planning only. They are not financial, tax, medical, or legal advice. Slabs, scheme rates and product terms change; verify against official notifications or a qualified professional before acting.

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