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Finance

Advance Tax Calculator

If you're not salaried with tax deducted automatically, you owe advance tax in four installments through the year — see exactly how much is due by each date.

Your numbers
₹
Total income for the year — freelance/business income, rent, capital gains, everything.
₹
Tax already withheld by clients/tenants/banks on your behalf, if any.
Result — with the workings shown
Total estimated tax
₹1,50,800
Advance tax payable
₹1,00,800
after subtracting TDS
How this is worked out

Your estimated tax (new regime) on ₹18,00,000 is ₹1,50,800. Minus the ₹50,000 already deducted as TDS, you owe ₹1,00,800 in advance tax — above the ₹10,000 threshold, so it's due in four installments this year, not one lump sum next year.

Due byCumulative %This installment
15 June15%₹15,120
15 September45%₹30,240
15 December75%₹30,240
15 March100%₹25,200

Uses a new-regime estimate on total income — doesn't model deductions, multiple income heads taxed differently, or interest penalties for underpaying an installment (Section 234C).

Terms used on this page
Advance tax
Tax paid in installments through the year on income that isn't already taxed at source — freelance/business income, rent, capital gains, etc. — instead of one lump sum after the year ends.
TDS
Tax Deducted at Source — tax a payer withholds and deposits on your behalf before paying you (common on salary, professional fees, and FD interest). Reduces how much advance tax you still owe.