π’ Advance Tax β First Installment Due on 15 June 2026
If your estimated tax liability for FY 2026-27 exceeds βΉ10,000, itβs time to plan and pay your first Advance Tax installment.
π Due Date: 15 June 2026 β Minimum 15% of total estimated tax liability to be paid by this date.
Who should pay Advance Tax?
- οΈ Business Owners
- οΈ Professionals (CA, Doctor, Consultant, Freelancer, etc.)
- οΈ Individuals earning capital gains, interest, rent, or other taxable income
- οΈ Taxpayers with income not fully covered by TDS
Why pay on time?
πΉ Avoid interest under Sections 234B & 234C πΉ Better cash flow and tax planning πΉ No last-minute tax burden πΉ Stay compliant with Income Tax provisions
π‘ Advance Tax is not an additional taxβit is simply the payment of your income tax in installments during the year.
β³ Donβt wait until the last day. Estimate your income, calculate your liability, and make the payment before 15 June 2026.
π Need help calculating your Advance Tax liability?
Our team can assist with: β Advance Tax Computation β Tax Planning for FY 2026-27 β Capital Gains Tax Calculation β Business & Professional Tax Advisory β Income Tax Return Filing
π© Connect with us today and ensure you remain compliant while optimizing your tax position.
π Have you calculated your Advance Tax for FY 2026-27 yet? Share your thoughts in the comments or message us for professional assistance.
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