Explainer
Advance tax: four dates, and who must pay
If your tax for the year will be more than the threshold after TDS, you pay it in four instalments. Missing one means interest.
Advance tax is tax paid during the year, not after it. It falls due in June, September, December and March, in rising shares of the year's tax.
Salaried people whose employer deducts enough TDS usually needn't pay it. People with rent, interest, capital gains or a business usually must.
Sample note written for a website template.
This note is general information as at 2 June 2026. It isn't advice for any particular case; the law may have changed since.