Tax and money questions, answered clearly
Short answers to the money and tax questions people in India ask most often. Each answer states the law and year it applies to and links to official sources.
- Is freelance income taxable in India? Yes. If you are resident in India, your freelance fees are taxable as income from a business or profession, whether your clients are in…
- What records should a freelancer keep for tax? Keep copies of every invoice, bank statements showing payments received, proof of foreign payments, bills for business expenses, and your Annual Information Statement and…
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