I have an independent contractor agreement and am paid by a U.S. company in dollars after I invoice them. I have the following questions. I am in India, and am working from India for the client.
Do I need to pay tax for my income coming from the U.S. as it is deposited in dollars in my Indian savings account?
Do I need to file form W-8BEN form to the IRS?
I am aware that I need to pay income tax to India as per the slab but not service tax as I am rendering services to the client, it is actually exempted. Is that right?
Will there be an issue with my H1-B visa filling by some other company in U.S.?
What is GST/HST? Can someone please explain?