Freelancer Income from oversear
2 years ago
Hi,
I am a freelancer and my income is received from PayPal or other money transfer sites like wise.
the money received is a local transfer to me by paypal or wise.com.
Total income is less than 3 lakh a year.
Do i need to worry about filing income tax or having my business registered or pay gst?
Ankur Goel @ Complete Law Shield
Responded 2 years ago
A.no GST
but have to file Income tax
but have to file Income tax
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hi,
It is required to file an income tax return because an individual's exemption limit is Rs 2.5 lakh.
If you find this answer helpful please rate my answer. Thank you.
It is required to file an income tax return because an individual's exemption limit is Rs 2.5 lakh.
If you find this answer helpful please rate my answer. Thank you.
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A.Hi,
For the assessment year 2020-21, an individual's exemption ceiling is Rs 2.5 lakh. It is not necessary to file an income tax return if your gross total income does not exceed the basic exemption limit.
If you find this answer helpful please rate my answer. Thank you.
For the assessment year 2020-21, an individual's exemption ceiling is Rs 2.5 lakh. It is not necessary to file an income tax return if your gross total income does not exceed the basic exemption limit.
If you find this answer helpful please rate my answer. Thank you.
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