Advance Tax Calculator 2025
What is an Advance Tax Calculator?
An advance tax calculator helps taxpayers estimate and pay taxes in advance if their total tax liability exceeds the threshold set by their country. This tool is especially useful for freelancers, consultants, and the self-employed.
Features of Our Free Advance Tax Calculator
- Advance Tax Calculator India 2025 – updated as per latest slabs
- Advance Tax Calculator for Self-Employed professionals
- Advance Tax Interest Calculator for late payment scenarios
- Advance Tax Calculator for Small Business owners
- Available for salaried and non-salaried individuals
- Quarter-wise tax installment breakdown
- Currency support for ₹ INR and $ USD
How to Use the Advance Tax Calculator Online
- Choose your country (India or USA).
- Enter your estimated annual income.
- Select applicable deductions and exemptions.
- Click on “Calculate Advance Tax.”
- See your quarterly tax breakdown and save or print the result.
Frequently Asked Questions (FAQs)
What is advance tax?
Advance tax is the income tax you pay if your total tax liability exceeds a set threshold in a financial year. It must be paid in quarterly installments.
How do I calculate advance tax interest?
You can use our advance tax interest calculator to estimate interest penalties under Section 234B and 234C (India).
Is this calculator free?
Yes, our advance tax calculator free version is accessible for everyone without any sign-up.