As freelancer i earned 10+lac in current financial year. How much tax i am liable to pay?what is the process of ITR filing as freelancer and what tax saving Avenues available as freelancer?

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Posting as :
works at
You are currently posting as works at

10 lac is considered business earning
so you can deduct
internet expense
mobile recharge expense
IT hardware cost YOY deduction
any travelling if client is local and you are spending on it
any learning cost
electricity cost
your personal expenses just like company spending on stationary etc.

after all this 50% is taxable

in your case you could file ITR without paying any taxes
congratulations

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How you are getting gig bro..
Area

I guess I am lucky

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What kind of freelancing do you do💚💚💚💚

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likeuplifting

Hi,

Looking for freelance opportunities as Tableau Developer, Power BI developer.


TIA

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