Money and Tax MSME Registration for Freelancers, Consultants and Agency Owners You don’t need a factory to be an MSME. Freelancers, solo consultants and agency owners can register on Udyam for free, and the biggest win is protection against clients who pay late. Who can register, the limits, and the steps.
Money and Tax Section 194R: TDS on Free Products and Perks for Freelancers and Creators A free phone, a hotel stay or a box of skincare from a brand. For freelancers and creators, free doesn’t always mean tax free. Here’s how 10% TDS under Section 194R works once perks cross ₹20,000 a year.
Money and Tax Section 44ADA for Freelancers: Presumptive Taxation, Limits and Who Can Use It There’s no payroll team handling tax for freelancers. Section 44ADA simplifies it: if you qualify, 50% of your professional receipts is generally treated as professional income. Here’s who can use it, the ₹50 lakh and ₹75 lakh limits, and how it compares with regular taxation.