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Freelance payment received from abroad
by on Apr 25, 2007 12:04 AM

I want to know about payments received by people working as freelancer from within India for people in other countries. Like working on web sites or software development. I am asking only about individuals and not firms or companies.

They receive payment in Indian Rupees from various countries through bank or various web sites. I want to know what tax they have to pay on the amount received and what expenses can be deducted from payment received.

I haven't found any expert advice on this till now. Any advice will be really appreciated.

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All these incomes are tax-free