Tax · Moonlighting · Second Income

Second Income Tax Calculator —
What Does Moonlighting Really Cost?

Every rupee of freelance income earned by a 30% slab salaried professional costs 31.2% in tax. Know your real hourly rate before taking on a second job.

Every rupee of freelance income earned by a 30% slab salaried professional costs 31.2% in tax. Know your real hourly rate before taking on a second job.
Enter Details
Amount
₹500,000
₹1K₹1Cr
Rate
30%
1%36%
Period (years)
1 yrs
1 yr40 yrs
Result
₹0
calculated value
Invested
₹0
Returns
₹0
Return %
0%
Rate
0%

Frequently Asked Questions

How is freelance income taxed for salaried employees?+
Freelance added to salary, taxed at marginal rate. In 30% bracket, all freelance taxed at 31.2%. Must pay advance tax if freelance tax liability exceeds ₹10,000/year. Business expenses can be deducted.
Can I use 44ADA for side income?+
Yes — professionals earning under ₹75L can declare 50% of gross receipts as income under 44ADA. No detailed books needed. ₹10L freelance income → ₹5L taxable → ₹1.56L tax at 30% vs ₹3.12L if fully taxed.