Income
Expenses
Investment
Wealth
Total
₹4.84L
Monthly
Active
4
streams
Top source
Salary
earner
Diversity
High
score
Income Wallet
Track & grow streams
Track · Diversify · Grow
Income Wallet — Know what you earn
Adjust sliders for each income source, see real-time charts, and get personalised insights to diversify and boost your earnings.
✔ 100% Free✔ No Data Stored✔ India-First⚡ Takes under 30 seconds🔒 Data stays in your browser
—
💰 Total
—
🔄 Active
—
🥇 Top
—
🎯 Diversity
Income SourcesAdd, remove, slide to adjust
Income Distribution
Monthly Breakdown
Our income story: Meera & Raj
Income best practices
Explore More
Salary & Income Articles
Master your income with India’s most practical earning guides (2026).
How to Divide Salary in India (2026): The Smart 50/30/20 Rule Reimagined
One formula. Five buckets. Zero guesswork.
Read →What Percentage of Salary Should You Save in India in 2026?
The number that actually matters for financial freedom.
Read →₹30,000 Salary Breakdown: Best Budget Plan for India (2026 Guide)
Split it right. Build it fast.
Read →₹50,000 Salary Budget Strategy: Save, Invest & Grow Faster (2026)
Mid-level optimisation for wealth building.
Read →₹1 Lakh Salary Allocation in India: Maximize Wealth (2026 Blueprint)
High income requires a higher‑order system.
Read →Why Traditional Budgeting Fails in India (And What Actually Works in 2026)
The missing layer in every budgeting tool.
Read →Frequently asked questions
income streamsfreelance taxpassive incomesalary deductionsdiversification
💰 Income Basics
Financial experts suggest aiming for 3–5 distinct income sources. This reduces dependency on any single stream. Use this Income Wallet to track your current streams – the diversity score updates in real time.
It depends on your lifestyle and goals. A common benchmark is to aim for 2–3× your essential expenses. Use the Expenses Wallet to calculate your baseline.
Add a “Freelance” slider in this Income Wallet and update it monthly. For variable income, consider using the Savings Sprint Simulator.
📊 Tax & Planning
Freelance income is taxed as business income under “Profits and Gains”. Use the Old vs New Tax Simulator to compare regimes.
Yes, under Section 80C, 80D, HRA, and more. The Tax Simulator helps you estimate your taxable income.
Rental income is added to your total income and taxed as per slab. You can claim 30% standard deduction plus municipal taxes.
📈 Diversification & Growth
A score above 60/100 is considered healthy, meaning you have 3+ active streams and no single source dominates beyond 60%. Check your score in the Income Wallet above.
Active income requires your time (salary, freelance). Passive income comes from investments, rent, or businesses where you’re not directly involved. The Investment Wallet can help you build passive streams.
Aim for at least 20% of your gross income. Use the Savings Sprint Simulator to find your optimal savings rate.
Review monthly. Adjust sliders as your income changes. Revisit your diversification score every quarter. Combine with the Wealth Wallet for net worth tracking.
Recommended
Related Reading
Deepen your financial system knowledge.
What Is a Financial Wallet System? The Future of Money Management in India
Understand the 4‑layer architecture in 5 minutes.
Read →How to Plan Your Monthly Salary in India: Step-by-Step System (2026)
From income to expenses to investments – a complete loop.
Read →How to Manage Irregular Income in India (Freelancers & Gig Workers Guide)
Stabilise your cash flow with a simple system.
Read →Where Your Salary Disappears: Hidden Expense Leaks in India (2026)
Plug the leaks, keep more of what you earn.
Read →How to Increase Your Savings Rate Without Increasing Salary (India 2026)
More saving, same income – possible and practical.
Read →First Job Financial Plan India: What to Do With Your First Salary (2026)
Start right. Build wealth from day one.
Read →Community
Connect with us
🧭 Explore the INDwallet Ecosystem
INDwallet – private · free · India-first
Leave a Comment