Freelance Tax Calculator

Calculate tax liability for freelancers and self-employed professionals

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Frequently Asked Questions

What is presumptive taxation for freelancers?

Under Section 44ADA, professionals can declare 50% of gross receipts as income and pay tax on it, without maintaining detailed books of accounts.

When should freelancers pay advance tax?

Advance tax is paid in 4 installments: 15% by June 15, 45% by Sept 15, 75% by Dec 15, and 100% by March 15.