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.