Advance tax: 75% by December 15

The Income Tax Department FAQ: if your estimated tax for the year is more than ₹10,000, pay advance tax in instalments. By 15 December the total should reach 75% of your tax liability.

For salaried people TDS usually covers it — but interest on deposits, rent or capital gains can push you over.

Example

Illustrative. Estimated tax ₹80,000, TDS by employer ₹50,000. Remaining ₹30,000: by 15 December, 75% of the liability (₹60,000) should be paid, so you pay about ₹10,000 now.

Before December 15

• ☐ Add up salary payslips and TDS so far
• ☐ Add interest, rent and gains
• ☐ Estimate the year's tax
• ☐ Pay the gap as advance tax

We'll remind you 3 days before the date 👇

Source: Income Tax Department, ITR-1 FAQ (Advance Tax).