44ADA Tax for Rs 40 Lakh Receipts, Individual Professional
See the presumptive income and tax under Section 44ADA for a resident individual professional with Rs 40 lakh gross receipts.
This scenario's inputs
- Gross receipts
- ₹40,00,000
- Digital receipts
- 100%
Presumptive income
Presumptive income (44ADA)
₹20 Lakhs
₹20,00,000
Tax comparison
New regime is better (saves ₹2,21,000 in tax)
New regime
Taxable income₹19,25,000
Total tax₹1,92,400
Monthly take-home₹1,50,633
Effective rate9.62%
Old regime
Taxable income₹19,50,000
Total tax₹4,13,400
Monthly take-home₹1,32,217
Effective rate20.67%
New regime tax
₹1.92 Lakh
Related questions
50% of Rs 40 lakh gross receipts, Rs 20 lakh, taxed under 44ADA.
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Figures are for FY 2025-26 (AY 2026-27) and are for planning purposes only.