If your total tax liability for FY 2025–26 exceeds ₹10,000, advance tax applies to you. The first instalment, accounting for 15% of your estimated tax, must be paid by 15th June 2025. Missing this deadline can attract interest and penalties under Sections 234B and 234C of the Income Tax Act.
Who Should Pay Advance Tax?
- Self-employed professionals & freelancers
- Business owners
- Salaried individuals with income from capital gains, rent, or other sources
- NRIs with taxable income in India
Note: Senior citizens without business income are exempt
Instalment Schedule for FY 2025–26
| Due Date | Amount Payable |
|---|---|
| 15th June 2025 | 15% of estimated tax |
| 15th Sept 2025 | 45% (cumulative) |
| 15th Dec 2025 | 75% (cumulative) |
| 15th Mar 2026 | 100% of total tax |
Why Timely Advance Tax Payment Matters
Avoid interest and penalties
Maintain cash flow discipline
Stay compliant with Income Tax regulations
Reflects better financial planning
Plan Ahead with Futurex Management Solutions
At Futurex Management Solutions, we assist businesses, professionals, and individuals in advance tax estimation and timely payments.
Need help filing your advance tax?
📞 Call us at +91 98109 23731