Foriegn Remittance Based on Invoice ( Ireland to India ) - How is it accounted locally ?

exceedcargo
Contributor
Contributor

I am currently providing services to a company in Ireland.

Service Type : Digital Based Services (As a free lance consultant) for a contracted period of 1year.

 

I will be receiving approximately 1737.65 EUR / 1.5 Lakh INR every month on the invoices raised.

 

Hence, are there any restrictions to receive the amount on a regular monthly basis, also can I bill it to a business/individual & what are the tax related concerns for the same in India.

 

I am an citizen of India if that helps.

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