NRI & International
5 min

Freelancer Income Calculator

Convert foreign income (USD/EUR) to INR and calculate tax implications

Enter Details
Fill in the information below to calculate

Current approximate rates: USD ₹83, EUR ₹90, GBP ₹105

Internet, software, office supplies, etc.

Varies by state, typically ₹2,500/month max

Freelancer Tax Options
  • • Presumptive (44ADA): Declare 50% of gross receipts as income. No books required. Max ₹50L/year.
  • • Regular: Maintain books of accounts. Claim actual expenses. Better if expenses > 50%.
  • • File ITR-4 for presumptive or ITR-3 for regular taxation
  • • Pay advance tax quarterly if liability > ₹10,000
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Related Tax Hacks

Section 44ADA Sweet Spot

₹2-4 lakhs annually

50% deemed income with minimal tax and zero audit

easy

Zero-Tax Window

Zero tax on ₹7L

Earn up to ₹7 lakh gross with zero tax

easy

Home Office Deduction

₹50,000-2 lakhs annually

Claim 20-40% of rent and utilities as business expense

medium