GENERAL3 Sept 2026
You have a salary and a side hustle. Here's how your tax really works
Your salary tax is mostly fixed once deductions are set. The freelance side is where planning happens. Presumptive taxation keeps it simple and light for side income. This matters if you have a job plus a side hustle. So focus your tax planning on freelance earnings, and check if presumptive taxation can make your compliance easier.
Key Statutory Highlights
- Your salary tax is largely fixed once your deductions are set.
- The freelance side of your income is where tax planning happens.
- Presumptive taxation keeps tax simple and light for your side income.
Actionable Advice for Taxpayers / Founders:Talk to your CA about whether presumptive taxation is right for your side hustle before you choose this route.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: