Comprehensive Advanced Tax Calculator

The Advanced Tax Calculator is a powerful tool to estimate tax liability under both old and new regimes. It helps individuals and businesses plan finances, claim deductions, and compare tax regimes with ease.

Advance Tax Calculator

Advance Tax Summary

Total Tax Liability ₹0
Tax Already Paid ₹0
Advance Tax Payable ₹0

What is Advance Tax?

  • Advance tax is "Pay-As-You-Earn" tax paid in installments instead of year-end.
  • Applicable if your tax liability exceeds ₹10,000 in a financial year.
  • Helps avoid interest under Section 234B and 234C.
  • Paid in 4 installments across the year.

Advance Tax Due Dates

  • 15% by 15th June
  • 45% by 15th September
  • 75% by 15th December
  • 100% by 15th March

Advanced Tax Calculator

Our Advanced Tax Calculator helps individuals and businesses estimate their income tax liability quickly and accurately. It takes into account salary, business income, investments, deductions, exemptions, and the latest tax laws to provide a comprehensive calculation.

How It Works

The Advanced Tax Calculator uses user-provided inputs such as annual income, deductions, investments, and exemptions to compute taxable income. It then applies the relevant tax regime to display tax liability, including surcharge and health & education cess.

Key Features

Who Should Use This Calculator?

Salaried employees, self-employed professionals, freelancers, and small business owners can all benefit from the Advanced Tax Calculator. It is particularly useful during year-end planning and filing season.

Disclaimer

This calculator provides an indicative figure for tax liability and should not be considered as final computation. Please consult a Chartered Accountant or tax professional for precise filing.

Key Insights At A Glance

Advantages

Accurate Estimations

Incorporates the latest tax slabs, surcharge, cess, and exemptions to provide precise tax liability figures.

Multiple Income Sources

Calculates taxes for salaried income, business income, rental income, and capital gains all in one place.

Deductions & Exemptions

Includes Section 80C, 80D, HRA, LTA, and other deductions to minimize tax liability.

Real-Time Results

Instantly see your estimated tax liability as you adjust inputs.

Comparison Mode

Easily compare tax payable under Old vs. New Regime to choose the best option.

Investment Planning

Get suggestions on how additional investments could reduce your taxable income.

Disadvantages

Estimates Only

The calculator provides an approximation and should not replace professional tax advice.

Dynamic Rules

Tax rules frequently change; users must ensure they use updated parameters for accuracy.

Key Statistics

Supported Tax Regimes

Old & New

The calculator supports both the old regime with exemptions and the new simplified regime without exemptions.

Updated For

FY 2025-26

Tax slabs and deductions are updated as per the latest Union Budget 2025.