On Wed, Mar 5, 2014 at 7:27 PM, Ganesh Ranganathan <ganesh.ranganathan...@gmail.com> wrote: > I am sure there are at least a few ILUGC members who do freelancing work > or run a sole proprietorship firm. > > How do you pay taxes on the income from the freelancing/company? Is it just > like paying taxes for the individual?
You may get some rule of thumb practiced by fellow free lancers here. Different rules apply as to how you are doing business - sole proprietorship, partnership, LLC, Pvt. Ltd. etc. Seriously, you should retain a CA who is conversant with taxation on local IN / foreign earnings etc. S/he will also advise you what / when to file. S/he should also do your tax returns and answer all questions to the auditor. HTH, -- Arun Khan Sent from my non-iphone/non-android device _______________________________________________ ILUGC Mailing List: http://www.ae.iitm.ac.in/mailman/listinfo/ilugc ILUGC Mailing List Guidelines: http://ilugc.in/mailinglist-guidelines
