Taxpayers must pay at least 15% of their total tax by June 15, 45% by September 15, 75% by December 15, and the full 100% by March 15. The Income Tax Department has laid out these instalment deadlines clearly, as shown in the table below.
Taxpayers must pay the first instalment of advance tax for the financial year 2025–26 by today, June 15. The Income Tax Department issued a reminder via a post on X, stating that this payment is mandatory for individuals whose accounts require auditing under Section 44AB. The department urged taxpayers to “make a smart plan” and pay their advance tax on time.
The X post read: “Pay Advance Tax. The due date for the 1st instalment of the Tax for FY 2025–26 is 15th June 2025.” However, the department clarified that taxpayers can still file their income tax returns by the extended deadline, September 15 this year, instead of the usual July 31, provided they pay the full tax liability along with applicable interest for delayed payment.
Take a look at the post:
Kind Attention Taxpayers!
1st instalment of Advance Tax for FY 2025–26 is due by 15th June 2025.
Plan Smart. Pay Advance Tax. pic.twitter.com/8h99QJ8JjP
— Income Tax India (@IncomeTaxIndia) June 13, 2025
When should you pay it?
Four installments must be made to pay the advance tax. By June 15th, when the 15% tax debt must be settled, the first installment must be paid.
Other Deadlines to Pay Advance Tax?
Taxpayers must pay at least 15% of their total tax by June 15, 45% by September 15, 75% by December 15, and the full 100% by March 15. The Income Tax Department has laid out these instalment deadlines clearly, as shown in the table below.
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When You Do Not Pay Advance Tax?
If you fail to pay your tax on time, you must pay interest at the rate of 1% per month. Section 234C of the Income Tax (I-T) Act allows the department to charge this interest on overdue taxes. The authorities calculate the interest at 1% monthly, which can accumulate to 12% annually. To avoid this penalty, taxpayers must ensure the timely payment of advance tax.
Who is responsible for paying the tax?
Anyone with a tax burden of ₹10,000 or more who works as a freelancer, is a salaried professional, or owns a business should pay tax.
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