Karma – Koi Aa Raha Hai Waqt Badalney is an Indian superhero television series written by Subodh Chopra and directed by Pavan S Kaul. The show aired on StarPlus from 20 August 2004 to 11 February 2005. It was the first ever action-thriller show from the Balaji Telefilms.

Karma involves the battle between good and evil as the titular superhero faces off against demonic evil. The main cast of the show is Siddharth Choudhary in the title role of Karma, Riva Bubber and Tinnu Anand. The show is based in a fictitious city named Panaki, but was shot in Mumbai and other cities in India. The series re-aired on Star Utsav and Pogo.

Earlier titled Kalki, it was later renamed before its premiere to Karma – Koi Aa Raha Hai Waqt Badalney. When titled as Kalki, the pilot episode was rejected by Star Plus in early 2003, after which the series was reworked as Karma.