Section 211 instalment schedule for FY 2025-26: 15% / 45% / 75% / 100% by 15 Jun / Sep / Dec / Mar. Estimates Section 234C interest exposure. Free.
Advance Tax Calculator Features
- Section 211 Schedule — All four instalment dates with cumulative percentages — 15% / 45% / 75% / 100%.
- 234C Interest Estimate — Flags shortfall in any quarter and computes 1% / month interest exposure.
- FY 2025-26 Slabs — New regime with the ₹12 L Section 87A rebate baked in. 4% cess on top.
- After TDS — Subtracts TDS already deducted on salary, FD, rent — only the balance is advance tax.
How to Use Advance Tax Calculator
Income → instalment schedule → 234C check in four steps.
- Estimate Total Income — Salary + freelance + business + rent + capital gains for the full FY.
- Subtract TDS — Enter TDS already deducted (employer, banks, payers) — that part is settled.
- See Liability — Tool computes total tax, advance tax due, and the four-instalment schedule.
- Compare Paid — Enter what you've paid so far per quarter — the tool flags any 234C interest exposure.
Frequently Asked Questions
Who needs to pay advance tax in India?
Anyone whose total tax liability for the financial year exceeds ₹10,000 after subtracting TDS. This typically includes freelancers, consultants, business owners, and salaried employees with significant interest / rental / capital-gains income. Senior citizens (60+) without business income are exempt.
What are the advance tax due dates for FY 2025-26?
Four instalments per Section 211: 15 June (15% of total liability), 15 September (45% cumulative — i.e. another 30%), 15 December (75% cumulative — another 30%), 15 March (100% — another 25%). Companies and 44AB-audit cases follow the same dates.
What's Section 234C interest?
Penalty interest at 1% per month for under-paying any of the four instalments. Charged for 3 months on the shortfall (first three quarters) and 1 month for the last (March 15) shortfall. Even if you pay in full at year-end, you owe 234C if you missed the per-quarter targets.
Are there exemptions to the 234C penalty?
Yes — Section 234C is not levied if you've paid at least 12% by Q1 (instead of the strict 15%), 36% by Q2 (vs 45%), and 75% by Q3 — provided the shortfall is due to under-estimation of capital gains, casual income, or first-time business income that wasn't anticipated. The calculator's interest figure is conservative.
How does the calculator handle TDS already deducted?
Subtracts it directly from total tax liability. So if your employer has deducted ₹50,000 in TDS and your total tax is ₹2,00,000, advance-tax due is ₹1,50,000 split across four instalments. Banks' FD-interest TDS, rent TDS, and freelance-payment TDS all count.
What if I expect a tax refund — do I still need to pay advance tax?
Only if your post-TDS liability still exceeds ₹10,000. If your TDS already covers the entire liability (with refund expected), you don't need to pay any advance tax. The calculator will show ₹0 due in that case.
Does this work for freelancers and consultants?
Yes — that's the primary use case. Estimate annual professional income, subtract any TDS deducted by clients (Sec 194J at 10%), and the tool gives the four instalment numbers. Freelancers usually have minimal TDS coverage, so the advance-tax burden is heavy; planning quarterly is essential.
How accurate is the 234C interest estimate?
Approximate. Real 234C calculation considers exact dates of payment, the 12% / 36% softer thresholds, and exemptions for unanticipated income. The calculator gives a worst-case ballpark to help you plan; your CA can give the exact figure on filing.
Related: advance tax calculator, advance tax calculator india, advance tax calculator fy 2025-26, section 211 instalments, advance tax due dates, section 234c interest, advance tax for freelancers, advance tax kaise bhare