Advance Tax Calculator
Calculate quarterly advance tax instalments for FY 2024-25.
Advance Tax Calculation
Advance tax is required since liability exceeds ₹10,000. Pay in 4 instalments.
Payment Schedule (FY 2024-25)
| Instalment | Due Date | % of Total Tax | Cumulative % | Amount to Pay |
|---|---|---|---|---|
| Instalment 1 | 15 June 2024 | 15% | 15% | ₹12,000 |
| Instalment 2 | 15 September 2024 | 30% | 45% | ₹36,000 |
| Instalment 3 | 15 December 2024 | 30% | 75% | ₹60,000 |
| Instalment 4 | 15 March 2025 | 25% | 100% | ₹80,000 |
Note: If advance tax is not paid or underpaid, interest u/s 234B (1% p.m.) and 234C (1% p.m. per instalment) is levied. Senior citizens (60+) with no business income are exempt from advance tax.
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About Advance Tax Calculator
Calculate quarterly advance tax instalments for FY 2024-25. Use this free calculator to make informed financial decisions. All calculations are performed instantly in your browser — no login required, no data stored.
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Frequently Asked Questions
How accurate is this calculator?
This calculator uses standard financial formulas and is designed for educational and planning purposes. For precise financial advice, please consult a certified financial planner.
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No. All calculations happen entirely in your browser. We do not store, transmit, or log any of the values you enter.
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