Estimate your income tax under Section 44ADA presumptive taxation, and check your GST registration status.
Special category: Manipur, Mizoram, Nagaland, Tripura — lower GST threshold.
GST registration isn't mandatory yet — your receipts are under the ₹20L threshold for your state.
44ADA presumptive income doesn't get the salary-only standard deduction. GST output rate is illustrative — actual liability nets against input tax credit, which this doesn't model.
It lets specified professionals — consultants, freelancers, and other notified professions — declare 50% of their gross annual receipts as taxable profit, without maintaining detailed books of account or expense records, as long as receipts stay within the threshold.
Specified professionals with gross receipts up to ₹50L a year, or up to ₹75L if cash receipts are 5% or less of total receipts. Above that, you'd need to maintain regular books and get them audited if required.
GST registration becomes mandatory once your aggregate turnover crosses ₹20L in a financial year (₹10L in special category states like Manipur, Mizoram, Nagaland, and Tripura) for services. Below that, registration is optional.
If registered, yes — you typically charge GST (18% for most professional services) on top of your invoice and remit it to the government, offset by any input tax credit on your business expenses. It isn't usually a cost you absorb yourself, but exact liability depends on your input credits, which this calculator doesn't model.