Advance Tax Calculator
Your instalments, due dates and interest for paying late.
I know my
For business or professional income, use profit after expenses.
Regime
Optional
Presumptive income (44AD / 44ADA)?
Senior citizen with no business income?
Your result
—
Enter your numbers to see the result.
This advance tax calculator works out how much tax you must pay in advance during Tax Year 2026-27 and by when. Enter your expected income and TDS, choose a regime, and it estimates your tax, checks the ₹10,000 threshold and splits the balance into the four instalments due on 15 June, 15 September, 15 December and 15 March. It also estimates interest if you pay nothing on time.
What is a Advance Tax Calculator?
Advance tax means paying income tax during the year in which you earn the income, instead of in one go when you file your return. It applies when your tax for the year, after TDS and TCS, is ₹10,000 or more. Salaried people usually don’t need to worry because their employer deducts TDS, but freelancers, business owners, landlords and investors with large capital gains often do.
Advance tax is paid in four instalments: 15% by 15 June, 45% by 15 September, 75% by 15 December and 100% by 15 March. Taxpayers using presumptive taxation for business or profession can pay everything by 15 March. Resident senior citizens without business income are exempt. This advance tax calculator works out each instalment.
How does the Advance Tax Calculator work?
If you enter income, the calculator estimates your tax for Tax Year 2026-27 using the slabs, rebate, surcharge and cess for the regime you choose. It subtracts TDS and TCS, checks the ₹10,000 threshold and applies the cumulative percentages for each due date.
It also gives a rough estimate of interest for paying late (familiar as sections 234B and 234C, each 1% a month) if nothing is paid on time.
How to use the Advance Tax Calculator step by step
- Choose whether you know your income or your total tax.
- Enter the figure and the regime.
- Enter TDS and TCS already deducted.
- Choose whether you use presumptive taxation.
- Mark if you are a senior citizen without business income.
- Pay each instalment online through the e-filing portal (challan ITNS 280).
Advance Tax Calculator example with real numbers
You are a freelance designer expecting ₹18 lakh of taxable income in Tax Year 2026-27 under the new regime. Clients have deducted ₹20,000 as TDS.
| Example input | Value |
|---|---|
| Expected taxable income | ₹18,00,000 |
| Regime | New |
| TDS already deducted | ₹20,000 |
| Presumptive | No |
| Example output | Value |
|---|---|
| Advance tax to pay this year | ₹1,46,400 |
| Estimated total tax (incl. cess) | ₹1,66,400 |
| Less TDS/TCS | ₹20,000 |
| First instalment | ₹21,960 by 15 June 2026 |
| Interest if nothing paid on time (approx.) | ₹13,249 |
Your estimated tax is ₹1,66,400, so after TDS you must pay ₹1,46,400 in advance. The first instalment is ₹21,960 by 15 June 2026. Paying nothing on time could cost about ₹13,249 in interest.
Key features of this Advance Tax Calculator
- Tax estimated from income for Tax Year 2026-27
- Four instalments with due dates
- Presumptive single instalment
- ₹10,000 threshold and senior exemption
- Interest estimate
Who should use the Advance Tax Calculator?
Who is this Advance Tax Calculator for?
- Freelancers and consultants
- Small business owners
- Landlords with rental income
- Investors with capital gains or interest income
Practical use cases
- Planning the June instalment
- Checking whether you need to pay advance tax at all
- Spreading tax on a large capital gain
- Avoiding interest for late payment
Key benefits
- No penalties: pay on time.
- Clear dates: all four deadlines.
- Easy: works from income or tax.
- Up to date: Tax Year 2026-27.
Tips for better results
- Re-estimate before each due date as income changes.
- Pay tax on capital gains in the instalment after the gain.
- Keep challan receipts; they appear in Form 26AS/AIS.
- Use the new regime estimate if you have few deductions.
Common mistakes to avoid
- Ignoring advance tax because TDS was deducted on some income.
- Paying everything in March and paying interest.
- Forgetting interest and FD income.
- Using last year’s slabs.
Limitations of this Advance Tax Calculator
- Tax estimate covers normal slab income; special-rate income like capital gains should be entered as total tax.
- Interest estimate is approximate.
- Section numbering changes under the Income-tax Act, 2025.
Advance Tax Calculator vs other ways to calculate
| Due date | Cumulative % payable |
|---|---|
| 15 June | 15% |
| 15 September | 45% |
| 15 December | 75% |
| 15 March | 100% |
To estimate your yearly tax first, use the income tax calculator. For tax on investments, see the capital gains tax calculator.
Privacy and data handling
This Advance Tax Calculator runs entirely in your browser. The numbers you type are not sent to Qorico or stored on any server, and nothing is saved after you close the page. The Copy and Download buttons create the result on your own device. If the page has analytics turned on, it may count that a calculation happened, but it does not record the values you entered.
Advance Tax Calculator FAQs
Who needs to pay advance tax?
Anyone whose tax for the year, after TDS and TCS, is ₹10,000 or more, except resident senior citizens with no business or professional income.
What are the advance tax due dates for 2026-27?
15 June 2026 (15%), 15 September 2026 (45%), 15 December 2026 (75%) and 15 March 2027 (100%).
Do salaried employees pay advance tax?
Usually not, because TDS covers salary. You may need to if you have large other income such as interest, rent or capital gains.
What happens if I pay advance tax late?
Interest at 1% a month applies for deferment of instalments and for shortfall in total advance tax.
How do I pay advance tax?
Online through the Income Tax e-filing portal using challan ITNS 280 or the e-Pay Tax option.
What about presumptive taxation?
Those using presumptive schemes for business or profession can pay all advance tax by 15 March.
Related tools
Sources and references
We checked the method and the current figures used in this Advance Tax Calculator against these official and primary sources:
Written and reviewed by the Qorico Team
