Advance Tax: Deadlines, Online Payment, and Income Tax Essentials
Loading more articles...
Advance Tax Deadline: Only 5 Days Left! Pay Online to Avoid Penalties & Interest
N
News18•10-03-2026, 09:02
Advance Tax Deadline: Only 5 Days Left! Pay Online to Avoid Penalties & Interest
•March 15 is the last date for the fourth and final installment of advance tax for FY 2025-26.
•Individuals with an estimated net tax liability of Rs 10,000 or more must pay advance tax, including salaried, freelancers, professionals, and businesspersons.
•Senior citizens (60+) without business or profession income are exempt; others must pay.
•Missing the deadline incurs 1% interest per month under Section 234C and potentially Section 234B.
•Pay online via the Income Tax Department's e-filing portal: e-Pay Tax -> New Payment -> Income Tax -> AY 2026-27 -> Advance Tax (100).
