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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