Advance tax payment: Learn how to pay income tax

Learn how to pay income tax , equalisation levy, STT, CTT, fee and other payments online through various modes. Follow the step-by-step guide and generate the challan of payment . You can e- Pay your taxes . This online service is provided by the Income Tax Department. e- Payment facilitates payment of direct taxes online by taxpayers. To avail of this facility the taxpayer is required to have a net-banking account with the authorized banks. Instalments of advance tax and due dates. 211. (1) Advance tax on the current income calculated in the manner laid down in section 209shall be payable by— (a) Advance Tax , often called the “Pay as You Earn Scheme”, requires taxpayers to estimate their income for the financial year and pay taxes in instalments, instead of waiting until year-end. If your estimated tax liability exceeds Rs 10,000 in a financial year, you must pay advance tax .