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Free tool · Advance tax

Four dates. No surprise interest.

If your tax for the year tops ₹10,000, the government wants it in instalments — not one lump at filing. Enter your estimate and we'll lay out each quarter's due date and amount, so 234B/C interest never catches you.

Your estimate

Freelancers with gross receipts ≤ ₹75L can declare 50% as profit.

receipts for the year
₹
expected for the year
₹

Clients deducting 194J/194C reduce what you owe directly.

What if I miss an instalment? Section 234B/C interest
Section 234C (missed-quarter)₹0
Section 234B (post-FY-end)₹0

Approximation per the 1% per month formula. Your CA computes the exact figure at ITR filing.

44ADA saves you ₹3,90,000 vs declaring actual profit of ₹30,00,000 — under 44ADA only 50% of your gross is taxable.

Save this to your dashboard — track it as income comes in.

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Take it with you

Take the schedule with you

Every instalment with its statutory due date, the cumulative percentage each one has to reach, and how the liability was arrived at — plus the same dates as calendar events with a reminder a week before each.

No email, no signup. The calendar file carries a 7-day reminder for Apple, Google and Outlook.

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Worked example

Freelancer earning ₹15L gross — FY 2026-27, 44ADA, new regime

Step 1 — Taxable income: Under Section 44ADA, 50% of gross receipts is treated as profit. ₹15,00,000 × 50% = ₹7,50,000 taxable income.

Step 2 — Slab tax (new regime FY 2026-27): ₹0–₹4L @ 0% = ₹0. ₹4L–₹7.5L @ 5% = ₹17,500 slab tax.

Step 3 — Section 87A rebate: Taxable income ₹7.5L is below the ₹12L threshold, so the full ₹17,500 slab tax is rebated. Total tax = ₹0.

Step 4 — Advance tax: With ₹0 tax liability, no advance tax instalments are required (Section 208 threshold is ₹10,000). If TDS was deducted by clients, claim it back as a refund at ITR filing.

What if TDS was deducted? On ₹15L gross with 194J @ 10%, TDS = ₹1,50,000. Since total tax = ₹0, the full ₹1,50,000 is refundable when you file ITR-4.

How this works

Pay as you earn, not all at once.

Do freelancers need to pay advance tax in India?
Yes, if your total tax liability for the year exceeds ₹10,000 (Section 208 of the Income Tax Act), you must pay advance tax in 4 quarterly instalments by 15 June, 15 September, 15 December, and 15 March.
How is advance tax calculated under Section 44ADA?
Under 44ADA presumptive taxation, 50% of your gross professional receipts is treated as taxable income. Apply the slab rates of your chosen regime (old or new) to that 50% to get your annual tax. Then pay it in 4 instalments at 15%, 45%, 75%, and 100% cumulative.
What happens if I miss an advance tax instalment?
You'll owe Section 234B interest (1% per month on the underpaid balance from 1 April after the FY ends until you pay) plus Section 234C interest (1% per month for each missed quarter). Missing even one instalment can add ₹5,000+ to your final bill on a ₹15L income. Use the '234B/C interest if delayed' calculator below the schedule above to see exactly what your delay would cost.
Can I pay all my advance tax in March instead of quarterly?
Technically yes, but you'll still owe 234C interest for the missed Q1/Q2/Q3 instalments. The interest is small (1% per month for 1 quarter) but non-zero. For amounts above ₹2L total tax, the quarterly schedule is meaningfully cheaper.

Calculated per Income Tax Act Section 44ADA, Section 207–211, and Finance Act 2025 (rates confirmed unchanged in Budget 2026). Results are indicative; consult a CA for filing.

Related guides

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Related glossary

Plain-English definitions of the terms behind this calculator.