u/HushTag2566

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.

reddit.com
u/HushTag2566 — 5 days ago

First freelance contract, advice please

I have a long question, Thanks in advance for your patience.

I currently have a job at 30LPA 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

reddit.com
u/HushTag2566 — 5 days ago

First freelance contract. Advice needed

I have a long question, Thanks in advance for your patience.

I currently have a job at 40LPA under new tax regime.

I am planning to sign my first freelance contract on monday.

Nature of job is - Buying 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 (through your clients) what's the best way to receive invoice.

reddit.com
u/HushTag2566 — 5 days ago

First freelance contract, Advice needed

I have a long question, Thanks in advance for your patience.

I currently have a job at 40LPA under new tax regime.

I am planning to sign my first freelance contract on monday.

Nature of job is - Buying 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 (through your clients) what's the best way to receive invoice.

reddit.com
u/HushTag2566 — 5 days ago