Remote work with 65lpa+ cash component, how to save taxes?
My understanding of tax is as good as that of a middle schooler. The question is obvious, for someone who can't levy HRA, LTA or anything else, how do I pay less taxes?
All I can levy, I think is tax free investments up to 1.5lac.
Would love to know which company gives this salary with remote work? Also tech stack and yoe.
I build and maintain an open source library for voice ai. This company just happens to be one of the companies using the library to build their own voice agents.
Remote work with Company from India, or outside India?
If from outside India - 44ADA will be applicable, and you will have to pay tax on 50% of the income
If from India - Try, and see if you can get onboarded as a contractor
Thanks for the response. My salary will come out of their Indian entity but I'll be remote since that's what I negotiated initially. Due to being remote, I can't avail HRA either.