Income Tax Filing (ITR) for Freelancers in India

What Is the Process of Filing ITR for Freelancers?

When and How Freelancers Can Pay Advance Tax?

How Much Tax Is Applied on Indian Freelancers?

New Tax Regime:

Annual income

Tax rate

Less than ₹2.5 Lakhs

Nil

₹2.5-5 Lakhs

5%

₹5-7.5 Lakhs

10%

₹7.5-10 Lakhs

15%

₹10-12.5 Lakhs

20%

₹12.5-15 Lakhs

25%

Above ₹15 Lakhs

30%

Old Tax Regime:

Annual income

Tax rate

Less than 2.5 Lakhs

NIL

₹2.5-₹5 Lakhs

10%

₹5-10 Lakhs

20%

Above ₹10 Lakhs

30%

What Are the Tax Deductions Available for Freelancers?

Frequently Asked Questions