Advance Tax Calculator
What is Advance Tax?
Advance tax is the income tax paid in installments during the financial year instead of paying it all at once at the end. It is also known as “pay as you earn” tax.
Who Should Pay Advance Tax?
Any individual, freelancer, or business whose total tax liability exceeds ₹10,000 in a financial year is required to pay advance tax.
Advance Tax Due Dates
- 15th June – 15% of total tax
- 15th September – 45% of total tax
- 15th December – 75% of total tax
- 15th March – 100% of total tax
Benefits of Using Advance Tax Calculator
- Avoid interest under Sections 234B & 234C
- Better financial planning
- Accurate tax estimation
Other Services in Ottiyambakkam
- Partners Remuneration Income in Ottiyambakkam
- Active INC 22A in Ottiyambakkam
- Commission Income in Ottiyambakkam
- NRI Taxation in Ottiyambakkam
- Income Tax Return in Ottiyambakkam
- Form 16 Issuance in Ottiyambakkam
- Company Annual Filing in Ottiyambakkam
- Interest Income in Ottiyambakkam
- Pensioners in Ottiyambakkam
- Business Tax Filing in Ottiyambakkam
- RERA Registration in Ottiyambakkam
- GST Return Filing in Ottiyambakkam
- Agriculture Income in Ottiyambakkam
- MSME Registration in Ottiyambakkam
- House Rental Income in Ottiyambakkam
- GST Registration in Ottiyambakkam