My company doesn't allow working for anyone else including freelancing. I'm a fresher so I don't know what information my company can access with my PAN Number. The second job also has TDS,I don't know how the Form 16 works.
Could someone please help me out? I want to freelance without getting caught/losing my full-time job.
Register a sole proprietorship company on your name. That would have a different pan number. Or create a huf with your family members. Use that account for freelancing. Or If possible raise invoices to client on name of your family member
This might be helpful
Can't. Refrain from freelancing where the employer cuts tds and epf. You will get caught.
Freelance otherwise.
tysm
they cut both
could u pls tell me how it works?
like can i bypass by opening another bank account or is it related to my UAN?
No one can fetch details using your PAN number.
It's the PF history than can be verified in background check.
Even then you exisiting company won't be able to tell if you are working for any other company.
What's the f*ckery with form 16? Would my company interfere when I'm filing taxes?
It's fine to do freelancing or moonlighting until you get PF because if current company get's to know you will be big trouble. Deducting tds is fine
PAN is not the problem, it's PF which causes the problem
I currently freelance but I've also got a full time job offer.
Can i continue taking freelance income in my salary account or should I avoid taking freelance income under my PAN and get that in maybe my parents account?
Hi, I have a proper full time job. I freelanced for a month last year. They got my PAN and whenever they paid me in my bank account, total amount is ~1.4L, they deducted TDS under 194C (it's 1% TDS). This freelancing income is listed in ...
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Can my employer find out if I started freelancing in upwork?
Upwork asks for pan details. So by any chance my employer can find out from the income tax portal or something?