DerpyTaco
DerpyTaco

How to find software engineering roles that provide presumptive taxation under section 44ADA. It really saves a lot of taxes

15mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
SparklyPancake
SparklyPancake
PayPal15mo

If am not wrong this section will be applicable for people working as contractors or freelancers I believe. I know someone who worked remotely with company in US as contractor and he used to save taxes by showing receipts and all and this is treated as business providing services to other business by tax departments.
Still I think other experienced people can answer this better who are actually doing it.

DerpyTaco
DerpyTaco

Yes, correct. I am currently in such a role. I have a full-time job and they allow us to generate receipts. Now, I'm thinking of switching. If I switch to a company as an employee, then I have to ask them a lot of money bcz of heavy tax & they don't agree with that. So, I want to find a similar company which allows this

GoofyDonut
GoofyDonut

If I switch to a company as an employee, then I have to ask them a lot of money bcz of heavy tax & they don't agree with that.

Huh? How do you come up with that logic!?

GigglyWaffle
GigglyWaffle

Following this. Recently got a job that requires me to fill this section, @CoderNinja, could you please let me know via DMs in case you have a CA's contact or if and when you get one soon?

DerpyTaco
DerpyTaco

My company has hired a CA for this. I can give you his contact number

DerpyTaco
DerpyTaco

Can you DM, I don't have enough grapes

SparklyRaccoon
SparklyRaccoon
Zomato15mo

I think Skuad hires on contract, one of my friend who is in a development role told me so.

DerpyTaco
DerpyTaco

Thanks, will checkout

FloatingPancake
FloatingPancake

Crossover for work?

DerpyTaco
DerpyTaco

Thanks, will checkout this one

GroovyPretzel
GroovyPretzel

What is your tech stack? I know a company who are looking for contractors in Android domain.

DerpyTaco
DerpyTaco

MERN

Discover more
Curated from across
Personal Finance
by WigglyNarwhalSoftware Engineer

paying 48% tax. need a CA's advice

I'm a software dev contractor and I'm working for 2 companies, having a total income of 50L per annum.

when I consulted a CA, he mentioned that I'll have to pay 18% GST (since business income is over 20L) and will also have to pay 30% ...

Top comment
user

Isn't presumptive limit now at 75L for professionals? Also, IMO it seems like you need a better CA. A good one I...

Personal Finance
by JazzyHamsterSoftware Engineer

Getting paid in usd in India

Are there any tax benifits/ loss while working for a remote company while staying in India?

I'm told that the pay would be a bank - wire transfer every month or it could be a payoneer.

Are there any specific questions should i ask to g...

Misc
Misc4mo
by SquishyLlamaConsultant

Taxation for foreign income in India

I earn in USD every month (around 1.6L) and I am an Indian resident. I am working as a contractor for my company on a full time basis. And hence, I have figure out on my own how do I pay taxes. Can anyone guide me on how to regularly pay...