Freelancer Tax Calculator
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💻 FREELANCER TAX CALCULATOR
4-WAY ENGINE: 44ADA VS NORMAL & OLD VS NEW REGIME
1. ANNUAL FREELANCE DETAILS
2. DEDUCTIONS (FOR OLD REGIME ONLY)
⚖️ THE 44ADA ADVANTAGE
If your gross receipts are under ₹75 Lakhs (provided 95% payments are digital), Section 44ADA lets you declare exactly 50% as taxable profit. If your actual expenses are less than 50% of your income, 44ADA will always save you massive amounts of tax.
🔄 OLD VS NEW REGIME
Freelancers usually benefit more from the New Regime because the 87A rebate allows up to ₹7 Lakhs of taxable income to be completely tax-free. If you use 44ADA, you can earn up to ₹14 Lakhs gross and pay zero tax under the New Regime!