I am a freelancer and I work for foreign clients. How can I reduce my tax outgo and also invest in tax savers?

0 views Jan 10, 2025
publisher-humix

Facts fire

Freelancers working with foreign clients can reduce their tax outgo by opting for presumptive taxation, using the Double Taxation Avoidance Agreement (DTAA), maximizing deductions through tax-saving instruments, qualifying for GST exemption as an exporter of services, and building long-term savings. These strategies can reduce tax liability, eliminate bookkeeping, and provide financial security for freelancers.

#Accounting & Auditing
#Financial Planning & Management
#Investing
#Tax Preparation & Planning