Advance tax: how much, and by when
Under sections 404 to 408 of the Income-tax Act, 2025. Enter your expected tax for tax year 2026-27. See each instalment and what is due next.
Get reminders before each due date
How the instalments are worked out
Advance tax is payable under section 404 when your tax for the year, after TDS and TCS, is ₹10,000 or more. Under section 408 you pay 15% by 15 June, 45% by 15 September, 75% by 15 December and 100% by 15 March, cumulatively. Presumptive taxpayers under section 58 pay the whole amount by 15 March.
Worked example
| Tax ₹1,00,000, TDS ₹20,000 | Cumulative |
|---|---|
| 15 June 2026 (15%) | ₹12,000 |
| 15 September 2026 (45%) | ₹36,000 |
| 15 December 2026 (75%) | ₹60,000 |
| 15 March 2027 (100%) | ₹80,000 |
Common questions
Who has to pay advance tax?
Under section 404, anyone whose tax for the year, after TDS and TCS, is ₹10,000 or more. Resident senior citizens with no business or professional income are exempt.
What if I miss an instalment?
Interest under section 424 (old 234B) and section 425 (old 234C), broadly 1% a month on the shortfall. Paying the next instalment on time limits it.
How do I pay?
On the income tax e-filing portal under e-Pay Tax. Select Income Tax Act, 2025 and minor head Advance tax (100).
For education only, based on your inputs and tax year 2026-27 due dates. Not tax advice. Interest for late payment is not calculated here.