Negative impactEconomy
Missed Your June Advance Tax Payment? How Much Should You Pay By Sept 15?
NDTV Profit 2 hrs ago·15 Sept 2026, 11:22 am
The deadline for the second instalment of advance tax is September 15. This is a mandatory payment for taxpayers who have not already paid the full tax due for the financial year. The amount to be paid depends on the total tax liability for the year. For salaried individuals, it is usually 60% of the total tax due. For businesses, the figure is 50% of the estimated tax liability.
Missing this deadline can lead to financial penalties. The tax department charges interest at 1% per month on the unpaid amount. This interest is calculated from the original due date until the date of actual payment. Staying on top of these dates helps investors avoid unnecessary costs and ensures compliance with tax regulations.
Investors should review their tax planning for the current financial year. If you missed the June instalment, ensure the September payment is made promptly. This will help you avoid additional interest charges. Keeping track of these dates is a simple way to manage your finances better and stay compliant.
Key takeaways
- Category: Economy.
- AI reads the tone as negative (potentially bearish) for the stock.
Why it matters
A routine update. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
