Noida, India – June 21, 2025 – As businesses and professionals gear up for the financial year, Corpzo, a premier compliance and tax advisory firm, is educating taxpayers in Delhi NCR about the importance of advance tax and how to effectively streamline their tax planning for the year ahead.

Advance tax, often referred to as "pay-as-you-earn" tax, is the income tax that must be paid in installments throughout the financial year, rather than at the end of the year. Under the Income Tax Act, 1961, individuals, professionals, and businesses are required to pay advance tax if their estimated tax liability exceeds ₹10,000 in a financial year.

“Advance tax is not just a legal obligation—it’s a smart financial planning tool,” said a senior tax consultant at Corpzo. “Proper payment of advance tax avoids last-minute financial stress, interest penalties, and helps with better cash flow management throughout the year.”

Who Needs to Pay Advance Tax?
Advance tax applies to:

Salaried individuals with other income (like rent, capital gains, etc.)

Freelancers and consultants

Business owners and entrepreneurs

Companies and LLPs

Professionals such as doctors, lawyers, architects, etc.

Senior citizens (60 years or above) not running a business are exempt from advance tax.

Due Dates for Advance Tax Payment (FY 2025–26):
15th June – 15% of estimated tax liability

15th September – 45% of estimated tax (cumulative)

15th December – 75% of estimated tax (cumulative)

15th March – 100% of total estimated tax

Failure to pay advance tax on time may attract interest under Sections 234B and 234C of the Income Tax Act.

How Corpzo Helps Taxpayers in Delhi NCR:
Corpzo offers a comprehensive advance tax planning and compliance solution that includes:

Estimating accurate tax liability based on income, deductions, and exemptions

Filing advance tax online through the Income Tax portal

Reminder alerts before each due date

Real-time support for tax payments and calculations

Year-round tax planning to reduce overall tax burden

“Most taxpayers make the mistake of underestimating or ignoring their advance tax liabilities,” said the tax team at Corpzo. “With our help, clients avoid penalties and ensure smooth compliance with tax rules.”

Benefits of Paying Advance Tax:
Avoid interest and penalties

Better cash flow management

Helps track income and financial health

Encourages tax discipline and planning

Advance tax is not just for large corporations—it is equally important for freelancers, small business owners, and salaried individuals with additional sources of income.

With its office in Noida, Delhi NCR, Corpzo has assisted thousands of clients—from startups to established companies—with personalized tax planning and compliance services, helping them remain worry-free and audit-ready.

For expert assistance on advance tax payments and tax planning, contact:
Corpzo
📍 G 10, Sector 63, Noida, India, 201301
📧 Email: [email protected]
📞 Phone: +91 9999 139 391
🌐 Website: www.corpzo.com