Tuesday, February 1, 2011

Are you a Consultant?

Check out following to examine merits and demerits of being working as Consultant in India-

Benefits-
  1. Better Compensation.
  2. Better take home salary.
  3. Depreciation on assets-
    1. Vehicle
    2. Furniture
    3. Office Furniture etc

Following expenses can be deducted from Salary-
  1. Rent
  2. Fuel
  3. Commuting
  4. Equipment maintenance
  5. Telephone/Internet bills
  6. Interest on vehicle loan
  7. Vehicle Insurance
  8. Courier Expenses
  9. New papers, books etc
  10. Salary to driver etc.

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