First freelance contract, please advise
I have a long question, Thanks in advance for your patience.
I currently have a job at 20LPA under new tax regime.
I am planning to sign my first freelance contract on monday.
Nature of job is - Sourcing and little bit of legal review.
My question -
Will my income limit be at 75, 50 or 20 before GST is triggered.
I am first indian employee, so unsure how best to receive the invoice which is at best benefit for me.
I want the invoice to be credited to my parents account, will that be possible?
I am okay to create sole proprietorship entity, how long will that take in general?
Should the value of USD per transaction effect in anyway?
Are you aware what's the best way to receive invoice payments.