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Advance tax planner

Your instalments for FY 2026-27 with dates and amounts — and an estimate of the interest if you pay late or short.

Presumptive: small businesses and professionals declaring income at a fixed percentage. Senior: resident aged 60 or more with no business or professional income.
Total tax including cess. Get it from the regime calculator; add tax on gains from the capital gains calculator.
Tax that your employer, bank or buyers will deduct anyway.

If you paid late or short (optional)

Leave a box blank to assume you pay — or catch up — as scheduled.
Used only if less than 90% is paid by 31 March.
Advance tax for FY 2026-27, after TDS—

Due dateInstalment
Interest on late or short instalments—
Interest for paying under 90% by 31 March—
Estimated interest in total—
Left to pay with your return—

Educational tool with simplified assumptions. Returns are not guaranteed; actual results will differ. This is not investment, tax or legal advice.

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How it works

The maths, in plain English.

Who must pay. Anyone whose tax for the year, after TDS and TCS, is ₹10,000 or more (section 404 of the Income-tax Act, 2025). A resident individual aged 60 or more with no business or professional income is exempt (section 403). If salary is your only income, your employer's TDS normally covers everything; advance tax starts to matter when you also have capital gains, interest, rent, freelance or business income.

The instalments (section 408). At least 15% of the year's tax by 15 June 2026, 45% by 15 September 2026, 75% by 15 December 2026 and 100% by 15 March 2027 — each figure cumulative. Taxpayers on the presumptive scheme (section 58(2); sections 44AD and 44ADA of the old Act) may pay everything in one instalment by 15 March. Anything paid up to 31 March still counts as advance tax.

Interest for deferment (section 425; section 234C of the old Act). 1% a month on the shortfall at each date — three months for each of the first three instalments and one month for the last. There is no interest on the first two if at least 12% and 36% have been paid. A shortfall caused by capital gains, dividends or winnings that could not be estimated earlier carries no interest if the tax on that income is paid in the remaining instalments, or by 31 March.

Interest for default (section 424; section 234B of the old Act). If less than 90% of the final tax has been paid by 31 March, 1% for every month or part of a month on the unpaid amount, from 1 April until it is paid.

Simplifications. Months are whole; the statutory rounding of the shortfall is ignored; your estimate is assumed not to change during the year; interest for filing the return late (section 423; old 234A) is not included. New-Act section numbers are as printed in the Income-tax Act, 2025; old-Act equivalents are given for orientation. Due dates that fall on a bank holiday move to the next working day.

Sources (checked 19 Sep 2026). Income-tax Act, 2025, sections 403, 404, 408, 424 and 425 — text as reproduced by EZTax · TaxGuru, Advance tax under the Income-tax Act 2025, 5 Jun 2026 · Income Tax Department, tax payments help

Questions

FAQ

Who has to pay advance tax in FY 2026-27?
Every taxpayer — salaried, self-employed, investor or NRI — whose estimated 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 are the advance tax due dates for FY 2026-27?
15 June 2026 (15%), 15 September 2026 (45%), 15 December 2026 (75%) and 15 March 2027 (100%). The percentages are cumulative. Presumptive-scheme taxpayers can pay the full amount by 15 March 2027.
I am salaried. Do I need to pay advance tax?
Not on the salary itself, because your employer deducts tax every month. You do if other income — capital gains, interest, rent, freelance work — leaves ₹10,000 or more of tax uncovered by TDS. You can instead declare that income to your employer so the TDS rises.
What happens if I miss an advance tax instalment?
Interest of 1% a month applies to the shortfall: three months' interest for each of the June, September and December instalments and one month's for March. If less than 90% of the year's tax is paid by 31 March, a further 1% a month runs from 1 April until you pay.
How do I handle capital gains that arrive late in the year?
You are not expected to predict them. Pay the tax on the gain in the instalments that remain after the sale — or by 31 March if the sale is after 15 March — and no deferment interest applies to that shortfall.
Do senior citizens pay advance tax?
A resident aged 60 or more at any time in the year, with no income from business or profession, does not. They pay any balance as self-assessment tax when filing. Seniors who run a business or practise a profession follow the normal rules.
How is advance tax paid?
Online through the e-Pay Tax service on the income-tax e-filing portal, choosing advance tax as the payment type, or through authorised banks. Keep the challan; the payment shows up in your annual tax statement.

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