Taxes for paying Nigerian freelancer
We run a partnership firm. We are engaging couple of Nigerian freelancers for providing us with services (content and code writing). Those freelancers will be paid from our Corporate Account of Axis Bank using Trade Connect online. The software asks for TDS rate and TDS amount. My questions are :
1. What shall be rate and amount for content and code writing? They are freelancers, not permanent employees.
2. Assume we have to pay them INR 1000. Now at 10%, TDS is INR 100. Now they are not supposed to get INR 900. They want INR 1000 only. What is way so that they get what they are supposed to get, and whatever tax liabilities we have, we may fulfill that.
3. Any other taxes need to be paid by us for this fund transfers?
4. It also asks to submit 15 CA. We checked that this can be filled up from Income Tax portal, and then we may upload that to the bank. Are we missing something?
Asked 3 years ago in Service Tax
Now when the remuneration is sent and TDS is paid to Income Tax Department, can we claim that TDS amount paid at the end of the year?
Asked 2 years ago