ADVANCE TAX · TAX YEAR 2026–27

Advance tax: how much, and by when?

Your employer is supposed to take tax from your salary. Tax on rent, bank interest and side work is yours to pay, in instalments through the year. Enter your income to see what is due by the next date.

✓ The next date and the amount✓ Counts what you have already paid✓ Both tax regimes

1. Your salary

₹

The old regime has higher tax-free limits from 60 and 80.

Claiming deductions under the old regime? (optional)

All optional; leave blank if none. These count only under the old regime. PayDecoded applies the legal limits for you.

₹/ year

Section 123 (formerly 80C). Limit ₹1,50,000, which already includes your employee PF, counted automatically.

₹/ year

Section 124 (formerly 80CCD(1B)). Extra ₹50,000.

₹/ year

Section 126 (formerly 80D). Up to ₹25,000 (₹50,000 if you are 60+).

₹/ year

Up to ₹25,000 (₹50,000 if a parent is 60+).

₹/ year

Section 22 (formerly 24(b)). Up to ₹2,00,000.

₹/ year

Section 129 (formerly 80E). No limit.

₹/ year

For example donations or disability deductions. Taken as entered.

2. Your second income

Tick what applies. Use figures for the whole tax year, April 2026 to March 2027; estimates are fine.

3. Tax already paid or taken off (optional)

₹/ year

Tax deducted by your tenant, bank or clients before paying you. It's listed in Form 26AS or the AIS on the income-tax portal.

₹/ year

Add up the challan receipts for advance tax paid since April 2026. Leave empty if you haven't paid any.

Your advance tax will appear here.

Most salaried people owe no advance tax. It matters when income outside your salary adds ₹10,000 or more to your tax for the year.

Who has to pay advance tax

Anyone whose income tax for the year, after tax already deducted at source, comes to ₹10,000 or more. Tax is meant to be paid as income is earned, not all at once when you file your return.

For most salaried people that never happens: the employer is supposed to deduct tax from every month's salary. It comes up when you have income your employer doesn't know about, such as rent from a flat you let out, interest on fixed deposits, or freelance, consulting or locum work.

Residents aged 60 or over who have no business or professional income do not pay advance tax. They pay any tax left when they file their return.

The four dates

Each date is a running total: by then, you should have paid at least this share of the year's advance tax.

  • 15 June: 15%
  • 15 September: 45%
  • 15 December: 75%
  • 15 March: 100%

Professionals using the 50% rule for their receipts (doctors, lawyers, consultants and similar) may pay the whole amount in one go by 15 March.

How to pay it

Pay online through the e-Pay Tax service on the income-tax e-filing portal, choosing advance tax as the type of payment, by net banking, debit card or UPI. Keep the receipt: the payment appears in your Form 26AS and annual information statement, and you claim it when you file your return.

If you have missed a date

Pay as soon as you can. Interest of 1% a month is charged on the amount that was late, which is usually small next to the tax itself. The calculator above shows how much of what you owe now is catching up on dates that have passed.

The simpler option: tell your employer

You can give your employer the details of your other income. They can then deduct the extra tax from your salary over the rest of the year, and you don't have to pay advance tax yourself. Ask your payroll or HR team how to declare it.

The calculator works out the extra tax the same way as Salary +, which shows the full workings: what is taxed, under which regime, and how much of the income you keep.

Sources

An estimate for guidance only, not tax advice. If your income changes during the year, work it out again before the next date.