Records · 7-year rule
Do you need to keep bills as a freelancer? What to keep, what to throw away, and for how long
Under the 50% rule, bills don’t change your tax. You still need them. Here’s what to keep, what to throw away, and for how long.
5 min read
Continue readingDeadline walkthrough
Your 15 September advance tax, in 20 minutes flat
A step-by-step walkthrough for freelancers and salaried-with-side-income: estimate, subtract TDS, pay the 45% instalment on the portal before 15 September.
6 min read
Continue readingSection 44ADA → 58
Section 44ADA is now section 58: what changed, and what didn’t
Who qualifies, how the 50% presumption works, the ₹75 lakh ceiling, the single 15 March instalment, and what changed when 44ADA became section 58 on 1 April 2026.
6 min read
Continue readingIncome vs bank noise
Bank credits are not income: the mistake that inflates freelancers’ tax bills
Family transfers, loans, refunds and your own salary are not freelance income. How to separate real income from bank noise before it inflates your tax bill.
5 min read
Continue readingAdvance tax · FY 2026-27
Advance tax for freelancers in India: the deadline that isn’t in March
Advance tax due dates for FY 2026-27, who has to pay, the single-instalment exception for presumptive taxpayers, and why the portal now asks for Tax Year 2026-27 rather than an assessment year.
9 min read
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