Freelancer Tax Rules in India

[@ravipanwar7442]

This is what I am searching for last one hour

[@hokagesama3394]

Just found your channel. It's a goldmine!

[@MrGadhia]

Income Tax will payable if your income after deduction go above 5 lakh. GST applicable if your turnover go beyond 20/40lakh, as the case may be. TDS/TCS will be deducted by some freelancing website but you can claim that by filing your income Tax return on time. If you have still any problem hire good consultant and always do tax planning before earning income.

[@aj-nz2jj]

bhai m bada confuse hu, phone do do na apne baat karni h aapse

[@aj-nz2jj]

mera ca pata nahi bewakoof bana raha h ya kya kar raha h mere pass gst no h levin income 10 lakh hui to vo kah raha h 18% gst do apne gst no kyon liya

[@arshadahmad5163]

If income is below 5 lakh still is it require to file ITR

[@prajwalraj5741]

Hey thanks man

[@prajwalraj5741]

@@arshadahmad5163no

[@prabhjyotkaur8178]

Thank You! At least someone is making videos on these topics. Much appreciated!

[@deepankar_gautam]

hi... Ive just started working as a full time freelancer.... i have clients from USA and Australia, they dont cut tds. what should i do ?? and usually i get the payments from client then i distribute in my team... so how can i manage this properly. ??

[@authorRQsStories]

🙄oh m g daily aapki shorts dekhti hoon recreate with me 😍aaj aapka channel dekha aur mujhe wo mila jo main kafi time se janna chahti thi । दी मैं राइटर हूं और मेरी 30k per मंथली 3k cut jata hai😞

[@ArvindSharma-um5zt]

I am really in need of this topic to understand, thank you so much

[@hiimkaz1653]

Great video ma'am, helps me a lot as a budding freelancer

[@bhupendrasahu4415]

Hey Aakansha, you explained it very excellently🙂. Doing research about GST for freelancers I came across your channel and I am subscribing to it🤗.

[@ArvindSharma-um5zt]

Quick query:- I have started as a freelance management consultant, but, I dont, which medium of payment I should choose? Which medium will remain best, hard cash or some other? Also suggest me, how should I prepare an invoice format to get the payment from the client?

[@FreelancingFemale]

Hard Cash if you don't want to turn yourself into a solopreneur else you seem to be a smart chap.

[@faiz5423]

Can I claim taxation liability on buying equipment for my freelance business?

[@upcoder]

Mam PayPal is deducting TDS when client send money from foreign country?

[@rishu.myself]

Hi, how to create invoice as a freelancer for client in India ? What is the procedure ?

[@AniketBangar22]

Hi Where can i find How to apply GST and befit video? I cant find it in your channel

[@amanbhagat1616]

If someone is withdrawing 15 lacs from full time employment and 6 lacs from Freelancing does this guy need to get the GST number? So, my primary question is - I understood that if we get more than 20LPA then we mandatorily need GST for freelancing services but what if this 20LPA major chunk is coming from primary source of income (full time employment who are already deducting taxes as required).

[@princekumarrajjnv]

Very informative 👍 Thanks for making this.

[@SBEATSMUSIC]

Hi, What's The Business Code For Music Producers/ musical Artists?

Under which section do we do tax liability for sub service by freelancer

[@mukulkrjha8163]

Nice Explanation & loved the energy!

[@JayantSingh974]

Nice Video Aakansha ! can you tell more about if someone earning more then 20 lakhs and having gst number from which app and how he or she can do monthly gst filing on his own ?

[@shantanumandal2268]

Mam me chegg pe as a freelancer kam krte h.....now i appy for ITR WHAT?? 1 OR 4??

[@FreelancingFemale]

4

[@learnfryu1611]

Sister, Can you Make a Single Video For all This Tax for Business and Tds(Freelancer)

[@amitajgaonkar4308]

You say go to this video but we cannot find it with the title you mention in your video, nor it shows up as an "i" button.

[@clipmask5498]

Hello, I am also freelancer and i only work directly with USA, UK clients, i don't have a single Indian client.. And as i know we can't charge gst to them because on foreign or export services gst is not applicable so what should i do in this case ? Please if you have knowledge about this then please let me know.

[@FreelancingFemale]

Tax deduction is their outlook. For you to file IT return & show expenses, deductions & exemptions.

[@IMAXOFFICIALHD]

File letter of undertaking

[@RamanKumar-og7jn]

Do you have gst no ?

[@rtejashwini1775]

Will the Freelancing ITR returns will get affected as I'm working in Other MNC ? Please give me solution Under which category should I file the ITR returns for MNC? ITR 1 or ITR 4?

[@nikhilsharma4407]

Hello ma'am.... I seriously need your help... I worked as a freelancer in Sysnet Global Technologies... When I left the job I served notice period, now there are saying they are not going to pay me for the notice period... Please tell me what can I do now ?

[@tirumalb7687]

I am a free lancer and providing liaison services( NON IT) for US based company , and they pay me in USD directly depositing in my saving bank account in India, so under which category i should register for GST, and do i need to form a proprietory comapny or can i manage without the firm

[@harshitgupta4229]

Freelancer se mujhe ek project mila tha $1200 ka maine complete kar ke send kiya project then mail aata hai ki $100 deposit karne ko currency exchange charges then payment hoga.

[@AdityaTejas]

02:42 can you pls share this video link? unable to find it. thanks.

[@sumanghosh4313]

Mam I'm a freelancer in fiverr,fiverr already cut 1% TDs after this year new tax rules. Now I earn approx 7-10 lakhs/year. Q1. Do I need to file tax? Q2. How to save tax as much as possible?

[@IMAXOFFICIALHD]

20% income tax and 18% gst pay it now.....

[@arya8960]

1.Yes you have to file your return as your income exceeds the basic exemption limit of 2.5 Lakhs. Also only if you file your Income Tax Return, you can claim your refund ie.1% of the TDS. 2.To save tax, Buy life, health insurance policy, invest in tax saving mutual funds (it will be an investment & saves tax too). Also housing loan also saves tax and many more.

[@clearthoughts7885]

Thank you, really informative and helpful video. ❤️

[@FreelancingFemale]

Thanks you.

[@hellworld9532]

Mam Maine freelancer par project pura kar kr diya thaa but mujhe iske badle main mujhe payment nahi ki to main kya karu Maine onhe GST bhi payment ki

[@ishanagrawal396]

Thanks for informative video! How tax will be applicable if freelance income is above 50L in a financial year in india?

[@sivakrishna8672]

freelancer / contract-employee who get income below 50 LPA from a foreign company & who pays income tax using 44 ADA , registering GST is mandatory ?

[@muktadutt153]

Hey mam, I'm working as Freelance linguist for Hong Kong company. I believe they didn't cut the TDS from me or provide any form like form 16. Then how to proceed with the tax filing? Means directly do the Filing with ITR form 4!! Please suggest.

[@FreelancingFemale]

Please watch my video on TDS, you'll get the information.

[@thewanderingfoodie_]

May I know if I can also apply for the same post as yours ?

[@khushifine-artstar2043]

Dii...mere paas pan card nhi h..lekin pockets account h icici m (cause I'm under 18 year age)pr fir bhi free lancer pan no. Maang rha h ... Kya kru??

[@khushifine-artstar2043]

Pockets se code aane k baad bhi payment type green tick nhi ho rha ..pan no. Maang rha h ... Kya kru??

[@FreelancingFemale]

@@khushifine-artstar2043 Aapke Parents ka Pancard de. Client se Payment release hne ke baad 15 days mein aapke Fiverr/Freelancer accoutn mein aata hai.

[@sanaulhaqshaikh6425]

Thanks for your❤ knowledge and it really help me🥰

[@lokrajahuja4016]

very informative!! Thanks!!

[@vaibhavgandhi2009]

Can Software Professional providing servicr through proprietorship firm can claim Presumptive tax section to declare 6 or 8% of total turnover or receipts as profit ? Ideally profit margins are more but is this possible as there is no clarity in section 44AD or 44 ADA

[@mooooooooooomooooooooooomo6829]

what if my job salary is more than 20lpa and freelance income is less than 20lpa?

[@prasannakannan6575]

Hello, I'm a graphic designer who's freelancing for a US Client. I receive payments via Crypto (USDT), to my indian wallet (CoinDcx) whilst selling my assets, i pay 1% TDS and the rest goes to my bank account. Will i get my TDS back whilst i file ITR? I'll be well over my tax slab, so ill also be paying taxes next year. Let me know

[@SushilMarandi]

Can I receive foreign fund into my bank account directly?

[@abhey98]

Informative video Mam👌👌👌

[@FreelancingFemale]

Thank you

[@CodeChit_hindi]

Hi mam, What about 44 ADA or something?

[@thepalmi5982]

Hello! Very informative. Thank you. My situation - Resident Indian contractor-->Getting paid in US$-->Greater than 20L per annum--->Being paid through the US company's Indian subsidiary. Q1: How do I control the forex fluctuation of monthly salary Q2: What would be the approximate total tax on the > 20L annual salary Q3: How much of this tax (approx) can I claim back? Many Thanks, in advance and subscribed!

[@FreelancingFemale]

I think you should apply for GST Number.My Brother was in a similar situation he applied for GST.

[@AbhishekSingh-wk5id]

My situation is same only difference is I get paid directly from clients I just want to keep my taxes clean also PayPal deduct around 10% as service charges. What should I do?

[@singerabantika2044]

@@AbhishekSingh-wk5id Use wise for transfer.

[@AbhishekSingh-wk5id]

@@singerabantika2044 most of the clients don't trust that I tried getting them to do remitly too. But they were like " that looks sketchy"

[@hitesh11111]

CA can guide you...

[@forsharad]

Thank you. Please can you tell, I should register a sole proprietorship or LLC or anything else for tax saving or just taking GST No. will do? I am a software IT freelancer serving foreign clients >20 Lakh per year.

[@krishnajaiswal2713]

Hey... I am totally new to this and I got my first work I completed it at the time of payment client asked me to pay money first so is it safe shall I give him or not. He is giving me money through upi not in freelancer app

[@shubhamkanungo2066]

I had earned 14 lakh as a freelancer from America where I had not paid any taxes to America. How much tax do I need to pay?

[@Anonymous0224.]

Is amount received from Tango or tiktok live taxable or not and if yes then what kind of tax?

[@frame0freference]

Great information. I love the content on your channel.

[@FreelancingFemale]

Thank you!!

[@Mbanka]

So if my net income exceeds 20L, do I need to pay both GST and 30% income tax (double taxation)?

[@FreelancingFemale]

I have released my new video on this.Please check.

[@kit-kit-kittty2911]

yes, double tax, this is very irritating thing for freelancer :( government can't understand, we can not force client to pay 18% extra, otherwise they hire other freelancers. 99% projects on freelancing sites are under $500, and there is no repeat business from same client. In this case Upwork charge 20% commission.

[@asiantech3836]

In Freelancer, Withdraw pe Click karne pe GSTIN number mang raha hai usme kya fill kare plz help 😕

[@FreelancingFemale]

Aapko Freelancer ke profile setti ha mein account details fill karni chahiye Wanha GST ko exempt kijiye.

[@FreelancingFemale]

Also, Freelance par direct bank withdrawal facility hai uska itmaal kare.

[@asiantech3836]

@@FreelancingFemale Tysm

[@Pipsum]

Hi dear can you explain more on FIRC/FIRA applicable Tax. Thanks

[@robertdaimary1992]

You are superb dear👍❤️

[@shashiagrawal398]

mam agr client project de aur hm use delivery bhi kr den lekin vo hme payment kiye bina he lapta ho jaye to 😑

[@kit-kit-kittty2911]

does FIRC/LUT save GST even if earning from freelancing(upwork) is more than 20 lakh ? I have added USA bank account which payoneer profice so i can transfer amount to usa account. Later payoneer transferring this payment to india account and providing FIRC certificate too.

[@cajyotsna7373]

yes u can save gst by filing lut .. and u can also claim foreign trade policy benfits as well.. just drop ur number,, i ll help u

[@RavindraShendeEngineer]

Hello, Do you have information on profession tax? Do freelancers have to pay profession tax of INR 2500 per year? Have you paid it? Have you registered with the state government?

[@nikibeam.]

Mam, I m getting paid by direct clients overseas through paypal. How TDS will work in this situation?

[@asterisk1314]

I'm paid through Payoneer. The amount is transferred using ICICI NEFT transfer after the dollar is converted and charges are cleared. How should I be filing taxes?

[@nikibeam.]

@@asterisk1314 I saw her video, TDS has nothing to do with international clients. So just fill itr 4-5 or the one she asked us

[@asterisk1314]

@@nikibeam. thank you for the info :)

[@artaimed]

Can't Thankyou enough for sharing this!

[@shubhumrajput3620]

Mam agr mai usa ki company m remotely kaam kr rha hu India se so mera taxation kaise hoga

[@Sobitsaid]

Thank you so much, ma'am. I'm about to send my first invoice, so do I need to register anywhere (like ITR sites) before I receive the payment?

[@manishkumarverma1414]

Can i help you in your accounting taxation work??

[@asterisk1314]

@@manishkumarverma1414 hello, I earn about 25k monthly working for an American company through a contract. Should I file ITR? Sorry I don't know anything about taxation.

[@deepak-ku7nv]

@@asterisk1314 do they pay you in inr?

[@micveyo8968]

What if one has only cash deposits and no digital or chq transfers as income as a freelancer? Can they still file itr 4 ?

[@Lalitha-vu2fe]

Thank you so much for this!

[@HimanshuSingh088]

please make a new video on ITR for freelancers under the new tax rule.

[@kit-kit-kittty2911]

is wire transfer amount from USA to India, does it save tax ?

[@FreelancingFemale]

The transaction has nothing to do with IT. The Tax is on your gross income whether vi wise/bank transfer.

[@swapnilbajaj1867]

Awesome presentation..keep it up 👍

[@sweetypanchal2643]

Mam m upwork p kaam krati hu to Kya mujhe bhi tax Dena pdega if yes to kitna Dena hoga

[@somnathmukherjee6499]

I am paying someone Rs. 40K and deducted TDS u/s 194J and paid 2000 as fooding allowances, is it mandatory to deduct TDS on fooding allowances?

[@guludibya2205]

mam great explanation 👍👍mam i have a problem i got a work in upwork and after compete my task they told me to create an account in a website and then they sent money to that account but I'm not able to transfer the money because there is asking for tax code to transfer to the bank account. please mam can you tell me how to get the tax code 🙏🙏please help me mam 🙏🙏🙏

[@royz_1]

Very informative. Thank You! Could you please make a video on "India Equalisation Levy Reimbursement" ?

[@vivu003]

After 20 LAC kitna GST lagega....or Pvt Ltd kare to kya difference aayega for IT work

[@rameshwarpatnaik7969]

I am very confused when i have to select selfemployed or employee :(

[@FreelancingFemale]

self-employed.

[@itsmey7919]

Along with the full time job , can I also do freelancing n my client is also deducting tds

[@sanketdalvi2100]

Mam i am beginner and i had recently completed the project of converting pdf to word file on freelancer website but they are not making my salary they are telling me just wait for more time and I have waited for 2 days while writing comment at this moment also I had not get my salary they are going to credit it in bank account but not done yet mam can you suggest any solution

[@FreelancingFemale]

Which marketplace/Freelancing website they hired you from? Was there any deal confirmation on e-mails?

[@sanketdalvi2100]

@@FreelancingFemale yes mam the send me official mails and also the had send me salary slip but are delaying my salary payment

[@sanketdalvi2100]

@@FreelancingFemale also mam they are asking me for noc charges today should I pay it or not

[@FreelancingFemale]

@@sanketdalvi2100 You are definitely in for a scam. Please don't pay any money in my opinion.

[@sntshkmr60]

I am working as an individual contractor an receiving payment from foreign country in INR. The payment directly goes to my bank account and I don't see any deduction. I am really confused with my taxes. How do I pay taxes?

[@cajyotsna7373]

hey u can check ur 26as or just drop ur number. i ll help u

[@sureshranwa1922]

Mai'm, I am learning ms word,excel and power point.I wanna do data entry as freelancer for my studies. Please.....help......

[@DeepakNapit7]

Mam my client tell me pay the tax without send me payment now what can i say to client plzz help 🙏 bcoz its my first time 🥺

[@FreelancingFemale]

Someone is trying to make money from you. Don't fall for this trap.

[@nikibeam.]

Always have a contract with your client ti save yourself from such situations.

[@pratikshagharat8038]

This was very informative thank you soo much. I wanted to ask can we do freelancing along with full time employment(as a recruiter). Since my current compny has pf amd freelancer Tds will be deducted.

[@Shuuubhraj]

What if i am getting payment from my client in Cryptocurrency??

[@sketchepower9826]

what is ( tax residence certificate ) please share (india) tax residence certificate any image please help me..

[@ravin14371]

Thank yOu Hosnla dene ke liye. Thums up.

[@lalitproductions3035]

But to work with industry ,they need GST in very starting (even ur income is below 5lacs/annum)

[@poonambansal2975]

Mam mene aaj hi freelancer join kiya hai payment method me credit card , debit card or payal ka ki option aarha h or koi rasta h please help me

[@mdbabulhasan-7797]

Those who are engaging freelance work on upwork ,how can they issue invoice for GST return filing. Plz help me, I am in big trouble about that🙏

[@cajyotsna7373]

i can help u with tax invoicing

[@Sushilkumar92]

Thanks a lot for the info.

[@konachaudhury5506]

Thanks madam for details sharing. Really really helpful.

[@sanaulhaqshaikh6425]

Make videos more on freelancer debt knowledge 🥰

[@ipotitans]

Hello if we met clients in telegram then starting work as virtual assistant or paid in crypto.

[@FreelancingFemale]

Accepting money in crypto is not advisable at the moment in India.

[@IMAXOFFICIALHD]

Say other buisness income on ITR form

[@bookurdesign5191]

Do I need to file an ITR if my income is less that 2.5 lakhs?

[@rahulrajput0146]

My turnover more then 50lac as a freelance How can file a rtr

[@Theindianfreelancer]

How to file tax as a freelancer? Please show the entire process.

[@AnupmaThegoat]

Ma'am kya apni income receive krne k liye freelancer ko koi tax fee bhi dena hota h kya

[@RD-hn4mw]

Nice work! :)

[@sheikh_sohel]

Do i charge gst to my foreign clients. I'm living in India and I'm selling animations and tutorials videos. Please let me know ❤️

[@tejaswich5774]

Wt to do if I am a student!! I didn't had my TDS also except my pan card I didn't any of those.Please reply 🥺

[@FreelancingFemale]

Tejaswi Don't worry, your parents can apply for the Pancard on your behalf. Also, TDS comes after the income so you don't need to worry.

[@ChadBrahh]

Can you help me out a little bit Aakanksha? I want to get paid from Indian brands working as a freelance email marketer, which is the best way to send invoices? Had some bad experience with razorpay

[@SandeepYadav-vc3bh]

I Just started freelancing.. looking to understanding payment and taxation... Pretty helpful video. Quick Question: Taking service from one of friend and doing some payment to him also..so how to deak with that situation.

[@FreelancingFemale]

Thank you, Sandeep. Simply ask him to raise an invoice in your name of the amount.

[@monis_learns2264]

M'am, Is 'Retainer' same as a 'Freelancer' in terms of taxation?

[@sanjeevani_kumari]

Hey, Can I file itr with my savings account and show my freelance income? kindly reply coz I am looking for an answer desperately.

[@arpit.sharma]

Hey, plz let me know once you figure this out. I also used savings account for marketing purposes & received money via paypal

[@MehakSharma-oz9ed]

Is PAN car important for doing freelancing ? Actually I am 17 yrs old and don't have pan card so can I do freelancing ?