Moonlight tax
So my friend moonlights, does two jobs. My friend was wondering if one jobs income can be shown as business income? Or does that need some other contract? Does anyone know?
Mukeshambani
Student
Moonlightning: has anyone been involved in Multiple jobs
I have two offers and I am planning to do both of them: 8LPA and 9LPA. In what case company could know this. And what are tax implications? Should I choose new or old regime. This is cash components.
10mo ago
Lagipadihai
Stealth10mo
I have been doing it for quite some time. There isn't any issue. The only way you can get caught is if you have opted for PF in both the companies.
Don't opt for PF in one company. Companies can check your entry and exit date through PF. All of us have option to opt in or opt out of PF.
CEOs can work for multiple companies but we can't, why?
Most companies won't even take any action if they know you are working with multiple companies cause even they have trained and invested in you but the condition is never fail to ship/deliver.
And never working with companies in same industry or domain or competitors. It's a conflict of interest.
President_Trump
Stealth10mo
True Ambani spotted
Remember23
Paytm10mo
Ask one of the company to join as consultant Instead . 8Lpa one here since the other pays you more. As a consultant your money would be send directly to the bank account with 10% TDS.
I figure if someone looks at your ITR they will be able to figure it out. But a relative of mine has managed to do this since 3 years. Rolling in dough by doing two shifts a day
JackReacher86
5Paisa Capital10mo
Noob, Epfo service history.
grapevibe
Student10mo
No, can be found out by EPFO Portal by employers
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