September 15 Advance Tax Payment Deadline: Charge 1 % a month on the shortfall for three months
The second instalment of Advance Tax Payment for the financial year 2026 (assessment year 2026-27) is due on September 15. If your total tax liability for the year exceeds Rs 10,000, you must pay advance tax in instalments. Missing the deadline will not only increase your financial burden but also lead to interest charges under