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	<title>Comments on: Setting up of operations in India by an Indian Citizen/ Company</title>
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	<link>http://blog.mukeshraj.com/2008/12/28/setting-up-of-operations-in-india-by-an-indian-citizen-company/</link>
	<description>Advisor to global SME&#039;s</description>
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		<title>By: Ankit</title>
		<link>http://blog.mukeshraj.com/2008/12/28/setting-up-of-operations-in-india-by-an-indian-citizen-company/#comment-509</link>
		<dc:creator>Ankit</dc:creator>
		<pubDate>Thu, 19 Mar 2009 06:30:33 +0000</pubDate>
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		<description>Thanks for this information Mukesh. I am a freelancer software professional in India. Currently I work from home and develop software for a foreign company from home. They pay me in US $ in my saving account. Since my income has grown over last 1-2 yrs (it is above 20 lac/annum), so I am thinking of better way to setup my business so as to claim IT benefits of professionals like me. Now since we are only 2 people and we do not need more staff at this moment, what is your suggestion to me? How should I conduct business to utilize tax benefits available to 100% export oriented income professionals? Or do you suggest me to file my return as a proprietor just like any Indian businessman? I have no domestic income.</description>
		<content:encoded><![CDATA[<p>Thanks for this information Mukesh. I am a freelancer software professional in India. Currently I work from home and develop software for a foreign company from home. They pay me in US $ in my saving account. Since my income has grown over last 1-2 yrs (it is above 20 lac/annum), so I am thinking of better way to setup my business so as to claim IT benefits of professionals like me. Now since we are only 2 people and we do not need more staff at this moment, what is your suggestion to me? How should I conduct business to utilize tax benefits available to 100% export oriented income professionals? Or do you suggest me to file my return as a proprietor just like any Indian businessman? I have no domestic income.</p>
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