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Freelancer vs consultant vs business owner: How income tax rules differ and what you need to know before filing ITR

💸 Being Your Own Boss Just Got Taxing

Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated

🍿 OOPS SAYS

Ah, the beauty of being your own boss: you get to set your own hours, work from bed, and slowly descend into madness trying to figure out which tax rule matches your exact brand of hustle.

What actually happened

This year’s ITR filing days are nearly over but here’s something you should always keep in mind. If you earn money from a business, freelance work, or a profession instead of a regular salary, the tax rules are different — and it's on you to get them right. Here's everything you need to know, simplified. Self-employed? Here's your complete tax guide

Key points

  • This year’s ITR filing days are nearly over but here’s something you should always keep in mind.
  • If you earn money from a business, freelance work, or a profession instead of a regular salary, the tax rules are different — and it's on you to get them right.
  • Here's everything you need to know, simplified.
  • Here's your complete tax guide

Summary based on data provided by The Economic Times. Full article available at the original publisher.

  • #business
  • #freelancer
  • #consultant
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