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 Thirumudivakkam
- Partners Remuneration Income in Thirumudivakkam
- Active INC 22A in Thirumudivakkam
- Commission Income in Thirumudivakkam
- NRI Taxation in Thirumudivakkam
- Income Tax Return in Thirumudivakkam
- Form 16 Issuance in Thirumudivakkam
- Company Annual Filing in Thirumudivakkam
- Interest Income in Thirumudivakkam
- Pensioners in Thirumudivakkam
- Business Tax Filing in Thirumudivakkam
- RERA Registration in Thirumudivakkam
- GST Return Filing in Thirumudivakkam
- Agriculture Income in Thirumudivakkam
- MSME Registration in Thirumudivakkam
- House Rental Income in Thirumudivakkam
- GST Registration in Thirumudivakkam
