Salary from Foregin Based Startup

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 get more clarity on this? If you have any resource, please paste the link below ...

How does your startup pay you? Most startups use Gusto or Ripling but they don’t seem to offer a way to get paid in $USD to an Indian account. The tax burden for a contractor ( with GST ) is high and is saddening to lose out on the benefit of no tax for service export ( when paid in USD only ) Have any of your figured out how to take salary denominated in $USD in an Indian account? TC: 35+ YOE: fresher

I’m not talking about companies like Meta, Google or companies that have their branch offices in India. Even Turing has registered India entity to pay employee salaries. For example, take Miro. They have offices in Amsterdam but they don’t have a registered entity/office in India. Can companies like those hire Indian workers and make them work remotely from India? If yes, how would they pay salary? They won’t have official payroll here and without a registered entity they can’t pay PF. How does this salary thing works in this case? And do we have to pay taxes for both the countries? Reason for asking: I was watching “Silicon Valley” and there was an episode where Pied Pieper hires 3 engineers from India, Pak and Europe without having any official offices in those country. How would they pay their salaries? Also, read somewhere on Medium that few people are working this way and getting paid $ equivalent of their salaries. If anyone knows anything about this kindly share info on comments.

The title is self explanatory. 6YOE Is it a good offer?

Fellow freelancers of coders/designers. I used to freelance via upwork. Now I have a direct UK based client outside of Upwork. I don't know how to receive a payment. - Do i set up a PayPal account ? - He said he can try using WISE transfer ? Is it possible to transfer directly to my personal bank account ? - What are the rules ? Does RBI creates issues in bank transfer/PayPal ? - Anything I am missing? Want to complete this all today so he sends it tomorrow and I get a Diwali baksheesh :) Help appreciated.

I am currently working remotely for an American startup from India. I recently received my Visa and now have an option to move to US. I also have another job offer on-site in India that I am evaluating. My question is mostly on taxation and calculating in-hand salary. Current - 85 lacs base. Working as consultant. Registered GST. I am able to save tax and get to a post tax income of 75 lacs. Savings New On-Site Indian offer - Base 98 lacs. My question is, what will be my post tax income while working as an employee in the Indian company.

Does any one work for startup’s which are not based in India? What should be the ideal compensation expectation in such cases. Is it fair to ask for a salary equivalent to that of an US software dev if the startup is based in the US?

I recently got a job offer at a well-funded remote startup headquartered in the US as a DevOps engineer. They adjust the salary package to account for the country so I won't be earning in crores... but I wanted to ask people who are in remote positions as to how to negotiate a salary that will be rigid more or less,no options are there to negotiate till a super high margin (maybe 10% max). For example, they are offering 33 LPA currently, does that put me in a higher tax bracket and can I negotiate for a lower compensation so that I can be put in a lower tax bracket, say I ask for 29 LPA and ask for a joining bonus (or HRA) or some restructuring to do that? I don't understand how taxes work in India especially with remote payments but I'm hoping someone can offer the right guidance and resources so that I can look into this in depth later on as well. This is my first ever job and I got it straight out of college, so I do not mind even if they are paying me less than their US counterparts. This salary is more than enough to survive in a tier 2 city (will be shifting back to live with my parents). I don't have much investments right nos, just a couple of FDs and some equity + debt funds along with stocks (mostly banks + chemical companies here and there). I can look into ELSS funds and what not if that can save up some taxes. I am considering talking to a CA about this too. (Note: not comfortable with naming it even if this is an anonymous platform because it has like a strength of 50 and I feel it is irrelevant to the discussion). TIA!

What are some smart ways in which to minimize tax liabilities as a freelancer? Should I look at forming an HUF, sole proprietorship, PLC? Use Case - I am looking at remote opportunities with US startups and many of those pay their overseas teammates as independent contractors; not as employees. In such case where CTC > 40LPA fixed, what are some of the best tax saving hacks that one can execute? TIA!