Advance Tax Calculator
FY 2026-27 (Tax Year 2026-27) · Quarterly Instalments · Due Dates · Old & New Regime
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📋 Disclaimer
This calculator is for estimation only. Actual tax liability may differ based on income source, deductions, surcharge, and relief under various sections. Consult a qualified CA or tax professional before making advance tax payments. nex-calc is not responsible for any tax payments, penalties, or interest arising from use of this tool.
Income Details — FY 2026-27
Tax Regime
New Regime (Default)
Old Regime
Taxpayer Type
Regular (4 instalments)
Presumptive 44AD / 44ADA
Presumptive-scheme taxpayers pay 100% in one instalment by 15 March 2027
Salary / Pension Income (₹) gets standard deduction
Other Income (₹) business, profession, rent, interest
For presumptive income enter the deemed profit (e.g. 50% of receipts under 44ADA). Capital gains taxed at special rates are not covered.
TDS / TCS for the Year (₹) Form 26AS / AIS, salary TDS
Advance Tax Already Paid (₹) paid so far this year
Advance Tax Schedule — FY 2026-27
Total Tax Liability
₹0
Balance to Pay
₹0
Interest Note: A shortfall in any instalment attracts interest under Section 425 (old 234C) @ 1% per month (3 months for each of the first three instalments, 1 month for the last). If advance tax paid is less than 90% of assessed tax, Section 424 (old 234B) interest applies @ 1% per month from 1 April 2027 until the tax is paid.
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FAQ
Anyone whose tax liability after TDS/TCS is ₹10,000 or more in a financial year must pay advance tax. This includes salaried employees with other income (freelance, rent, capital gains), business owners, freelancers, and senior citizens (unless they have no business income).
15% by June 15, 2026 · 45% by September 15, 2026 · 75% by December 15, 2026 · 100% by March 15, 2027. These are cumulative percentages of estimated tax after TDS. Taxpayers under the presumptive scheme (44AD/44ADA) pay 100% in one instalment by March 15, 2027.
Section 425 (old 234C): interest @ 1% per month for 3 months on the shortfall in each of the first three instalments, and 1 month on the last. No interest if at least 12% is paid by June 15 and 36% by September 15. Section 424 (old 234B): if advance tax paid is less than 90% of assessed tax, interest @ 1% per month from April 1, 2027 until the tax is paid. The Income-tax Act 2025 applies from April 1, 2026.
Yes. Senior citizens (age 60+) who do not have income from business or profession are exempt from paying advance tax. They can pay all taxes as self-assessment tax at the time of filing ITR.