A salaried person and a freelancer both earn ₹24 lakh, but the tax outcome looks completely different. Hi, I am Chandralekha and I love talking about money. This happens because of Section 44ADA. 💡Here’s what’s happening: ✅ Freelancers (including creators) can assume 50% of their income as expenses ✅ So on ₹24L, taxable income becomes ₹12L ✅ Under the new tax regime, the 87A rebate can bring tax down to ₹0 ✅ No books to maintain and no audit required On the same ₹24 lakh, a salaried person’s taxable income stays much higher even after standard deduction, leading to roughly ₹2.9 lakh in tax under the new regime. Same income. Very different outcomes. Tax isn’t just about how much you earn, it’s about how you earn it. #personalfinance #tax #money