Foriegn Remittance Based on Invoice ( Ireland to India ) - How is it accounted locally ?
exceedcargo
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Posted on
Mar-17-2021
01:41 AM
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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