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Advance Tax Alert: 1st Instalment Due by 15th June 2025 – Are You Compliant?

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

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