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What is the advance tax due date schedule for a ₹1.5 lakh liability?

Based on these numbers, advance tax due is about ₹22,500 by 15 June, ₹67,500 cumulative by 15 September, ₹1,12,500 cumulative by 15 December, and ₹1,50,000 cumulative by 15 March.

What is advance tax?

If your total tax liability for the year exceeds ₹10,000, you must pay advance tax in instalments: 15% by 15 June, 45% (cumulative) by 15 September, 75% (cumulative) by 15 December, and 100% by 15 March, to avoid interest under Sections 234B and 234C.

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