#IndianConsultancy

[valmarkint]

A Deep Dive Into Valmark International’s Expertise In Indian Consultancy Services

A Comprehensive Deep Dive into Valmark International’s Expertise in Indian Consultancy Services: Unveiling Industry-Leading Strategies, Innovative Solutions, and Unmatched Experience in Supply Chain, Logistics, and Business Advisory to Drive Growth, Efficiency, and Success in the Indian Market. Discover How Valmark International Leverages Its Years of Expertise to Deliver Tailored Consultancy Services, Helping Businesses Navigate Complex Challenges and Achieve Sustainable Competitive Advantages.

[returnfiling]

🧾 Taxation Rules for International Consultants in India 🇮🇳🌍  by Return Filings Via Flickr: Are you an Indian consultant or freelancer working with international clients? From IT services to business consulting — if you’re earning in foreign currency, you must understand these tax rules to stay compliant.

🔍 Key Rules Every International Consultant Must Know:

✅ Global Income Taxation Indian residents must declare foreign consulting income in their ITR. NRIs are only taxed on income earned or received in India.

✅ GST on Export of Services Foreign consulting qualifies as an export and may be GST-exempt with valid documentation (invoice, contract, LUT). If GST applies, registration and returns are a must.

✅ TDS & DTAA Benefits Some clients may deduct TDS based on their country's laws. Use DTAA (Double Taxation Avoidance Agreement) provisions and file Form 67 to claim credit for foreign taxes.

✅ FEMA Compliance & Remittance Payments from abroad must follow FEMA rules. Keep contracts, invoices, and payment evidence ready for any scrutiny.

✅ ITR Filing & Foreign Tax Credit Declare your international income properly under “Profits and Gains from Business/Profession.” Submit Form 67 to claim Foreign Tax Credit.

📌 Infographic Version Available:

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🔖 Save this post. 📤 Reblog to support the consulting/freelancing community. 💬 Drop a question if you're unsure about taxes!