Thinking of Converting Salary into Business Income to Save Tax? Read This First
Many remote workers and freelancers consider showing salary as business income to reduce taxes using presumptive schemes. However, legal eligibility, GST implications, and strict tax provisions make this strategy risky if not properly structured.
CA Nisha Agarwal
@ca_nisha
CA
Chartered Accountant | GST & Income Tax | Jaipur | 8 years in practice