Consultant or Employee
This query is : Resolved
Quick Summary
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
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
CA R SEETHARAMAN
(Expert)
22 February 2020
Consultant will be better option if toal income doesn't exceed 50 lacs. 50% of income is taxable under section 44ADA.
CA R SEETHARAMAN
(Expert)
24 February 2020
No GST upto 20 lacs.
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