Advance Tax Calculator (FY 2025-26)
Frequently Asked Questions
Who needs to pay advance tax?
Any taxpayer whose tax liability exceeds ₹10,000 during a financial year must pay advance tax.
What happens if advance tax is not paid?
Interest may be charged under sections 234B and 234C of the Income Tax Act.
Do salaried employees need to pay advance tax?
If their entire tax liability is covered through TDS, advance tax is not required.
