Freelance 101
The Side-Hustle Tax Realizer
Side-hustles are taxed at your highest marginal rate because they sit "on top" of your salary. This tool calculates the exact tax impact of adding freelance revenue to your income.
Based on New Tax Regime rules.
Note: We apply 50% presumptive rate (u/s 58*) on freelance revenue and follow the new tax regime by default.
* Glossary of Changes
The above sections and forms are in line with the Income Tax Act, 1961. However, the Income Tax Act, 2025 will come into effect from 1 April 2026. The relevant sections and the content changes have been updated below:
| Particulars | Section in 2025 | Section in 1961 |
|---|---|---|
| Presumptive Taxation (Business & Professionals) | 58 | 44AD & 44ADA |
Crafted by BeFinLit India Specialists