Income Wallet – Track & Grow Your Income | INDwallet
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Income Score
    Income Score
    INDwallet › My Wallets › Income Wallet
    Income
    Expenses
    Investment
    Wealth
    Total
    ₹0
    Monthly
    Active
    0
    streams
    Top source
    —
    earner
    Diversity
    Low
    score
    💰
    Income Wallet
    Track & grow streams
    Track · Diversify · Grow

    Income Wallet — Know what you earn

    Not a budgeting app. A financial operating system for India.

    Adjust sliders for each income source, see real-time charts, and get personalised insights to diversify and boost your earnings.

    📊 Track my income🧾 Expenses Wallet →
    ✔ 100% Free✔ No Data Stored✔ India-First⚡ Takes under 30 seconds🔒 Data stays in your browser
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    💰 Total
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    🔄 Active
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    🥇 Top
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    🎯 Diversity
    📊
    Income ScoreYour diversification health
    79/100 Good Diversifier

    You have a healthy mix of income streams.

    🎛️
    Income SourcesAdd, remove, slide to adjust
    📊
    Income Distribution
    Real-world example

    Two people. One system. Growing together.

    See how Meera & Raj use the Income Wallet to track and diversify their earnings.

    👩‍🎨
    Meera, 34
    Graphic Designer · Bengaluru
    Uses Salary (₹0) and Freelance (₹0) — total ₹0.
    👨‍💻
    Raj, 37
    Software Engineer · Pune
    Uses Business (₹0) and Bonus (₹0) — total ₹0.
    ✅
    Income best practices

      Frequently asked questions

      income streamsfreelance taxpassive incomesalary deductionsrental incomediversification
      💰 Income Basics
      Financial experts suggest aiming for 3–5 distinct income sources. This reduces dependency on any single stream and increases stability. 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.

      Income is just the start.
      Track it. Grow it. Own it.

      Use the Expenses Wallet to control outflows, the Investment Wallet to build wealth, and the Wealth Wallet to track net worth. One system. Every layer.

      🧾 Open Expenses Wallet📈 Investment Wallet →
      ✔ No signup required • Works instantly✔ Takes under 30 seconds🔒 Data never leaves your browser

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