The Freelancing World

HOME SERVICES FEEDBACK CONTACT US BLOG X Deepti Arora & Co. – Chartered Accountants The Freelancing World 17 September 2018 | freelancer, freelancing, self-employed, work from home All of us dream of getting out of the mundane 9am-5pm office routine and do something of our own.  While the thought of working as a freelancer seems very exciting, it comes with its own set of challenges and hiccups. Through this article, I have tried to share some tips together with my thoughts and experiences of working as a freelancer over the past couple of years. Hope you will find the information useful. Which are some good Freelancing Websites? There are a lot of websites which are used by the freelancers across the globe and at times it becomes very difficult to distinguish between the good and the better ones. Based on my experience, I found the following websites to be better than the rest: https://www.freelancer.com https://www.upwork.com/ https://www.guru.com http://worknhire.com https://www.peopleperhour.com DO’s of Freelancing Websites? These are the points you should definitely keep in mind when you are trying to find work on these freelancing websites: 1. Create a good profile. This is the page an employer would look at when hiring you for the first time. Make it as detailed as possible as good as your RESUME  🙂 2. Don’t forget to mention your core skills 3. Keep searching and bidding on the jobs you find relevant. Don’t get disheartened if you dont find the relevant job. Keep trying and don’t loose hope!  4. Keep your charges reasonable. Don’t keep it too low neither too high. Both are deterrents for employers. 5. Under promise and over deliver is the key. Give your 100% even if it is a small task. Ratings you get from your employers are the most crucial part of working as a freelancer. Good ratings would always help you get more work. 6. Divide your tasks into multiple steps and fix the pricing for different steps: This will ensure two things: the employer will get the confidence that you are organized and know your job well. At your end, you can be assured that the fees you are supposed to receive are secured. On most of these websites, you can ask the customer needs needs to release the payment as soon as one step is done so you can move onto the next one. If the customer releases it, good move on to the next step else you can put the project on hold. DONT’s of Freelancing  Websites The following points are word of caution which you should be aware of when working on these freelancing websites: 1. Beware of Fake clients – There are genuine and fake clients on most freelancing websites. As a freelancer you can check the employers’ profile if they have employed other freelancers earlier.  In case the employer is new to the website, you need to rely on your judgement and gut. There are other ways too to distinguish between a genuine and fake client like the budget he is offering for the task is way too high etc. 2. Prefer to communicate on the portal itself: Most of these freelancing websites are equipped with audio, video and messaging tools to enable you to communicate with the employer. Always insist the employer to communicate through the portal.  3. DO NOT take payments outside the portal:This one is a strict NO-NO and can result in permanent suspension of your account from the portal. All the payments should happen through the portal only. The above information might be a bit over whelming but if you still have any questions/queries or need any advise, just reach out to us and we will be able to guide you. Share this post:   Facebook-f X-twitter Contact Categories work from home tax self-employed salary slip roc rent paid rent payslip payroll deductions payroll pay slip mca kyc job change ITR india union target India income tax return income tax hra house rent allowance freelancing freelancer Form 16 finance employee compliance budget 2020 budget allowances Deepti Arora & Co. – Chartered Accountants Address 811, SIDCO ARAVALI APARTMENTS, GH-1,SECTOR 1, IMT MANESAR, GURUGRAM 122051 Contact Us +91 9999017642 +91 7827261120

Paying Rent but not getting HRA?

HOME SERVICES FEEDBACK CONTACT US BLOG X Deepti Arora & Co. – Chartered Accountants Paying Rent but not getting HRA? 10 August 2018 | allowances, employee, house rent allowance, hra, income tax, income tax return, ITR, payroll, payslip, rent, rent paid, salary slip, self-employed Are you A self-employed businessman or professional or a salaried employee?  Staying in a rented accommodation and paying rent? You or your spouse don’t own a residential  accommodation  at the place where you reside or are working and are also paying rent?  Not receiving any House Rent Allowance or HRA ? Can you still take any benefit on the rent paid?   The answer is    Which section allows you to claim exemption? As per the provisions of the Income Tax Act, 1961, you can still claim benefit of rent paid under section 80GG.  What is the limit for exemption? The section allows an individual to claim exemption as the minimum of: – Rs. 5000 per month  – 25% of Total Income – Actual Rent paid less 10% of Total Income What you need to do?  Just fill Form 10BA with all the details related to payment of rent and you are good to claim the exemption.                             Still have any confusion/concerns?                      Reach out to us and we will be happy to help! Share this post:   Facebook-f X-twitter Contact Categories work from home tax self-employed salary slip roc rent paid rent payslip payroll deductions payroll pay slip mca kyc job change ITR india union target India income tax return income tax hra house rent allowance freelancing freelancer Form 16 finance employee compliance budget 2020 budget allowances Deepti Arora & Co. – Chartered Accountants Address 811, SIDCO ARAVALI APARTMENTS, GH-1,SECTOR 1, IMT MANESAR, GURUGRAM 122051 Contact Us +91 9999017642 +91 7827261120

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