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Freelancing has become the next big thing across the globe. As a freelancer, you can offer services to multiple clients from your comfort zone. It frees you from the routine clutches of 9 to 5 and lets you capture the best opportunities and make great money. But this money that you earn through freelancing is taxable, just like any other source of income. And you have to file your ITR for it too. Read on to understand the basics of ITR filing as a freelancer.

“Make your life safe and get insurance immediately”. This statement was never more relevant than the times when the pandemic threatens to wipe off the population. 

Taxable income includes all types of compensation unless otherwise exempted by law. Here’s a peek into a few types of taxable and non-taxable income.

Can you claim a refund on your ITR in case you end up paying more than what is due?

One of America's founding fathers famously said that in this world, nothing could be said to be certain, except death and taxes. In India, too, except for agriculture income, you pay taxes on all other income beyond a particular limit.