Free tool
Advance tax instalment calculator
Enter your estimated tax and what is already deducted. You get what to pay at each of the three dates.
Rs.
From your estimated return, before any credits
Rs.
TDS on your income, and any tax already paid
How this is worked out
The 40%, 70% and 100% are cumulative targets for the year, not three separate shares. At each date you pay the gap between the target and what is already covered by tax withheld and earlier instalments. Paying 40% three times leaves you well short, and the shortfall carries interest.
Net tax to pay in instalments
Rs. 0
Enter your figures to see the result.
Cumulative cover required: 40%, 70% and 100%. An instalment under Rs. 7,500 need not be paid separately; the balance falls due at the next date. Transaction-based taxpayers follow a different schedule.
Paying the wrong instalment costs cash now or interest later. A mid-year re-estimate fixes both.
Book a free callFigures follow FY 2083/84 and change with each Finance Act. This is a general guide, not advice on your circumstances. Where the amount is material, have the position checked before you act.