Know your tax
bill in April —
not next March.
Old vs new regime decided live, 44ADA presumptive applied when it wins, advance tax on a schedule before the interest starts. The number your CA confirms, not corrects.
This year's tax,
before the year ends.
Your tracked income flows straight into a live tax position. The cheaper regime is chosen for you, 44ADA halves the profit, and the four advance-tax dates land on your calendar with reminders.
- 0:0001Your tracked income flows in
- 0:0402Old vs New — watch it pick the cheaper one
- 0:080344ADA halves your taxable profit
- 0:1104Advance-tax dates scheduled, reminders set
Old vs New,
decided continuously.
Both regimes run side by side on your real income, all year. The cheaper one is highlighted with the exact rupee delta — and the moment your numbers move, the verdict updates.
Taxable income up to ₹12L under the new regime pays zero tax after the 87A rebate. This freelancer is above it — so the rebate doesn't apply, and we say so plainly.
Just cross ₹12L and your tax shouldn't jump more than the extra rupee earned. We apply marginal relief on the boundary so a ₹5,000 raise never costs you ₹20,000 in tax.
44ADA — half your
receipts, taxed.
Section 44ADA lets eligible professionals declare 50% of receipts as profit — no books, no audit, no expense ledger to defend. HourSlip checks if it beats your actual numbers and applies it when it wins.
- ›Eligible — Specified professions up to ₹50L receipts — ₹75L if ≤5% is in cash.
- ›No books — Declare 50% and you are exempt from maintaining full books of account.
- ›We compare — If your real expenses exceed 50%, we flag that actual books win instead.
Advance tax, before
the interest bites.
Tax isn't due in one March lump — it's four instalments across the year. HourSlip schedules each one from your live estimate and reminds you before the date, so 234B/C interest never starts.
Miss an instalment and 234B/C interest accrues at 1% per month on the shortfall. We push a reminder days before each date — so you pay tax, not penalties.
Every lever, shown
as a rupee delta.
Each deduction and charge is a fader on a mixing board. Flip one and the total tax moves by an exact rupee figure — so you see what a ₹1.5L 80C actually buys you, before you lock money away.
ITR-4 summary,
export-ready.
The whole year resolves into one clean ITR-4 summary: presumptive income, tax due, advance-tax paid, and TDS credits — already reconciled. Hand it to your CA or file it yourself.
Free to calculate.
Pro to plan all year.
The free calculators answer a one-off question. Pro runs continuously on your live income — choosing the regime, applying 44ADA, scheduling advance tax, and assembling your ITR-4.
An honest
side-by-side.
The filing portals are genuinely good — at filing. The honest difference is timing: HourSlip plans all year on your real income, where the others mostly help you file once it's already over.
Planning, not panic.
What freelancers ask before they let HourSlip run their tax through the year.
- It depends entirely on your deductions. The new regime has lower rates but almost no deductions; the old regime is only cheaper if your 80C, 80D, HRA and home-loan interest add up to a lot. HourSlip computes both on your real numbers and highlights the cheaper one with the exact rupee delta — and re-checks as your income changes.
- Section 44ADA lets eligible professionals declare 50% of gross receipts as taxable profit without maintaining books, up to ₹50L of receipts (₹75L if 95%+ is digital). If your real expenses are below 50% of receipts, presumptive almost always wins — and we apply it automatically when it does.
- Four dates each FY: 15% by 15 Jun, 45% (cumulative) by 15 Sep, 75% by 15 Dec, and 100% by 15 Mar. HourSlip computes each instalment from your live estimate and reminds you days before, so 234B/C interest at 1% per month never starts.
- Under the new regime, taxable income up to ₹12L pays zero tax thanks to the Section 87A rebate. Marginal relief softens the cliff just above that threshold, so a small raise over ₹12L never triggers a disproportionate tax jump. We apply both automatically and show whether they affect you.
- It pulls it. The planner runs on the income you've already tracked and invoiced in HourSlip, plus your reconciled TDS credits — nothing is re-entered. The free calculators, by contrast, are standalone what-if tools you fill in manually.
- Yes. At year-end HourSlip assembles an ITR-4 (Sugam) summary — presumptive income, tax due, advance-tax paid, TDS credits, refund or balance — as JSON or PDF. Hand it to your CA or use it to file yourself. It's the number your CA confirms, not corrects.
See this year's
tax bill today.
Planning beats filing. Know the number now — the regime, the 44ADA profit, the four dates — and March becomes a formality instead of a scramble.