Advance tax deadline today: December 15 instalment due; who must pay, penalties and how interest adds up- Explained
If you earn income beyond a fixed salary or have multiple income streams, December 15, 2025, is a tax deadline you cannot afford to overlook. Missing or underpaying advance tax does not trigger a one-time fine, but monthly interest penalties that continue to accumulate quietly until assessment.Under India’s “pay as you earn” framework, advance tax…