Self employed: Learn more about what it

Learn more about what it means to be self-employed, as well as the pros and cons of this approach to work to help you decide if it’s the right path for you. A self-employed individual does not work for a specific employer who pays them a consistent salary or wage. They work for themselves and must market their services. Discover how self-employed professionals in India - freelancers, consultants and gig workers can manage taxes efficiently. Learn about income heads, deductions, ITR forms, tax rates and the presumptive tax scheme under Section 44ADA. In this article, we discuss what is self-employed, understand the benefits of self-employment and explore 30 ideas that allow you to work for yourself.