Freelancers and Taxes: Key Guidelines for ITR 2025

Imagine you're a freelancer, like a self-employed worker.

Unlike employees who have taxes taken out automatically, you have to manage your own taxes.

When clients pay you, they usually take out 10% for taxes (TDS), and you can get this back.

If you make over a certain amount, you also need to register for GST.

When filing your taxes, you can use a special form and even declare only half your income as taxable if you choose.

It's important to keep track of your expenses and file your taxes on time to avoid problems.