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ADVANCE TAX

Advance Tax Calculator for Traders

Calculate your quarterly advance tax instalments for FY 2025-26. Avoid interest under Section 234B and 234C by paying the right amount at the right time.

Advance Tax Calculator — FY 2025-26

Based on New Tax Regime slabs (Budget 2025). Income up to ₹12 lakh effectively nil after rebate u/s 87A.

Total Income

₹14,00,000

Gross Tax

₹1,20,000

Health & Ed. Cess (4%)

₹4,800

Net Tax Liability

₹74,800

Advance Tax Payment Schedule — FY 2025-26

Q1

Q1 Instalment

Jun 15, 202515% cumulative

₹11,220

this quarter

Q2

Q2 Instalment

Sep 15, 202545% cumulative

₹22,440

this quarter

Q3

Q3 Instalment

Dec 15, 202575% cumulative

₹22,440

this quarter

Q4

Q4 Instalment

Mar 15, 2026100% cumulative

₹18,700

this quarter

Tax Slab Breakdown

Income RangeRateTax
₹3L – ₹7L5%₹20,000
₹7L – ₹10L10%₹30,000
₹10L – ₹12L15%₹30,000
₹12L – ₹15L20%₹40,000
Health & Education Cess (4%)₹4,800

Interest warning: If advance tax paid is less than 90% of total liability, interest under Section 234B (1%/month) applies. Missing quarterly deadlines attracts Section 234C interest (1%/month on shortfall). Always pay on time.

HOW IT WORKS

Simple steps to get your result

1

Enter Your Income

Input trading income (F&O/intraday) and other income sources like salary or interest.

2

Deduct TDS & Prior Payments

Enter TDS already deducted and any advance tax already paid.

3

Get Quarterly Schedule

See exactly how much to pay by June 15, September 15, December 15, and March 15.

FAQ

Frequently asked questions

Who must pay advance tax?+

If your total tax liability after TDS exceeds ₹10,000 in a financial year, you are required to pay advance tax in four quarterly instalments.

Do F&O traders need to pay advance tax?+

Yes — F&O and intraday trading income is treated as business income. Since no TDS is deducted on these, traders often have a large advance tax obligation.

What happens if I miss the deadline?+

Interest at 1% per month under Section 234C is charged on the shortfall for each quarter. Under Section 234B, 1%/month interest applies if total advance tax paid is less than 90% of final liability.

Is this calculator based on new or old tax regime?+

This calculator uses the New Tax Regime slabs effective from FY 2024-25 (Budget 2023). Old regime gives more deductions but higher rates — consult a CA for regime choice.

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