TaxSavvy

For freelancers

₹24 lakh of receipts. Zero tax is possible.

If your work is a specified profession, such as IT or engineering, Sec 58 (old 44ADA) taxes half your receipts. Graphic or web design usually is not.

  • ₹1,91,360

    less tax on ₹24 lakh of receipts

    50% profit = ₹12 lakh income, tax ₹0. Books with 20% costs: ₹1,91,360. New regime, with 4% cess. [1][2][3][4][5]

  • 0%

    GST on invoices to foreign clients, with an LUT

    Zero rated if export conditions are met (client abroad, paid in foreign exchange). Registration starts above ₹20 lakh a year. [6][7]

  • ₹75 lakh

    receipts allowed under the 50% scheme

    If cash is 5% of receipts or less. Otherwise ₹50 lakh. [1]

Worked examples for tax year 2026-27, Income-tax Act 2025, resident individual in the new regime unless stated. Your own figures will differ.

Step 1

Upload your bank statement

Bank statement analyser

Client credits, foreign remittances and costs, by month.

Upload bank statement

Step 2

What you get

Your benefit

₹1,91,360

a year, on the example above. Your own number comes from your statement.

The service that gets it done

Freelancer with foreign clients money map

IDFD: Information, Discussion, Forms, Deliverables. Price and steps on the service page.

Assign a SavvySee every step

Every answer comes as FPAC: Facts, Provisions and law, Analysis, Conclusion. A verified Savvy does the work, a CA checks it, and you pay the price shown.

Sources

  1. [1]Sec 58 (old 44AD, 44ADA): presumptive income
  2. [2]Who can use the 50% scheme (old 44ADA)
  3. [3]Sec 202, Income-tax Act 2025 (old 115BAC): new regime slabs
  4. [4]Sec 156 (old 87A): rebate up to ₹12 lakh
  5. [5]Tax rates: Health and Education Cess 4%
  6. [6]IGST Act Sec 16: exports zero rated under LUT
  7. [7]CGST Act Sec 22: register above ₹20 lakh
  8. [8]Income-tax Act 2025 in force from 1 April 2026

If you are a

Not you? Pick again.

Worked examples from the law, then your own from one upload.