Consultant or Employee


This query is : Resolved 

Quick Summary
A friend is considering whether to work as a software consultant or a permanent employee for a foreign company, with their service location in Pune. The discussion explores which option might offer better tax benefits. One suggestion is that consulting could be more advantageous if total income doesn't exceed 50 lakh rupees, as only 50% might be taxable under section 44ADA, and GST implications are also mentioned.

22 February 2020 Dear All

One of my friends has got an option to either join as software consultant or as employee of a foreign company to optimize tax benefit for my friend.

Wondering which is best option for him especially since his place of employment / service would be Pune .

Thanks

22 February 2020 Consultant will be better option if toal income doesn't exceed 50 lacs. 50% of income is taxable under section 44ADA.

23 February 2020 But sir wouldn't this attract GST as well

24 February 2020 No GST upto 20 lacs.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details