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Guide

Advance Tax

Quarterly instalments and the 234B/C interest if you miss.

Updated 17 August 2026

Your numbers

₹25 L
₹0₹25,00,000₹50 Cr
₹2 L
₹0₹2,00,000₹10 Cr
₹0₹0₹50 L
Advance tax payable
₹1,19,800
Total tax liability
₹3,19,800
Less: TDS
₹2,00,000
Advance tax due
₹1,19,800
Liable to pay advance tax
Yes

What this means.Miss an instalment and Section 234C charges 1% a month on the shortfall. Fall below 90% of the total by 31 March and 234B adds another 1% a month until you pay. Senior citizens with no business income are exempt from advance tax entirely.

View the full breakdown (4 rows) →
Due dateCumulative %Cumulative amountInstalment
15 June15%₹17,970₹17,970
15 September45%₹53,910₹35,940
15 December75%₹89,850₹35,940
15 March100%₹1,19,800₹29,950

Questions

Is this tax information specific to India?

Yes. Everything on Credsir is written for Indian regulation, Indian tax law and Indian products — RBI rules, IRDAI norms, SEBI regulation and the current financial year’s income tax provisions.

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Advertised rates are the best case, reserved for applicants with a high credit score, stable income and a favourable profile. Your offer depends on your credit score, employer, income and existing obligations. Treat published rates as the floor, not the quote.

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