Free Tool
Advance Tax Calculator
Calculate your advance tax liability and quarterly installments. Mandatory if your tax liability exceeds ₹10,000/year.
Enter Income Details
Enter income details to calculate advance tax
Who Must Pay Advance Tax?
- Salaried individuals with tax liability > ₹10,000 after TDS
- Business owners and freelancers with tax liability > ₹10,000
- Interest, rental, or capital gains income > ₹10,000
- Penalty: 1% simple interest per month for late payment
Disclaimer: This calculator provides estimates based on current tax laws and should be used for reference only. Actual tax liability may vary based on individual circumstances. Please consult a qualified CA or tax professional for accurate tax advice.