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Income Tax, GST & Finance Guides for India

44ADA presumptive tax guide for freelancers

Freelancer Advance Tax: 15 March Deadline Under 44ADA

If you pay tax under Section 44ADA, your advance tax works differently from everyone else. Instead of four quarterly payments, you get to pay everything in one single instalment by 15th March. Sounds simple. But missing this one deadline can cost you interest and penalties. This guide covers exactly what you need to do and …

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44ADA presumptive tax guide for freelancers

44ADA vs Regular Filing: Which is Better for Freelancers?

Section 44ADA lets freelancers pay tax on just 50% of their receipts. It sounds like an easy win. But is it always the better choice? Not necessarily. Sometimes filing your taxes the regular way — showing actual income and actual expenses — saves you more money. This guide compares both options with real numbers so …

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44ADA presumptive tax guide for freelancers

44ADA Explained: How Freelancers Pay Tax on 50% Income in 2026

If you are a freelancer in India, there is a good chance you have heard about Section 44ADA. It is one of the most useful tax provisions for independent professionals. But many freelancers do not fully understand how it works, who can use it, and what the catch is. This guide explains everything in plain …

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80C new section number - Section 123 under Income Tax Act 2025

80C New Section Number: Ultimate Guide to Section 123

Quick answer: the 80C new section number is Section 123. Section 80C of the old Income Tax Act, 1961 is now Section 123 of the new Income Tax Act, 2025. Nothing about the deduction itself has changed — the ₹1.5 lakh limit is the same, the eligible investments are the same, the rules are the …

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new vs old tax regime comparison

New vs Old Tax Regime 2026: Which Saves You More Tax?

Introduction: Why This Choice Matters So Much Official Sources Income Tax Department — official source for verification India Code — official source for verification Every year, when it is time to file your income tax return, you face one big decision before anything else. Do you want to be taxed under the new regime or …

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