https://www.taxtmi.com/forum/issue?id=108614 An Indian resident receiving freelance payments on an international prepaid card and withdrawing cash in India must declare those receipts as taxable income, convert them into domestic currency for reporting, pay applicable tax through the regular return process, and retain records of receipts, source, conversions and withdrawals for compliance. en-us Sat, 16 May 2015 11:24:25 +0530 Thu, 23 Jan 2025 15:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108614 An Indian resident receiving freelance payments on an international prepaid card and withdrawing cash in India must declare those receipts as taxable income, convert them into domestic currency for reporting, pay applicable tax through the regular return process, and retain records of receipts, source, conversions and withdrawals for compliance. Discussion-Forum Income Tax Sat, 16 May 2015 11:24:25 +0530 https://www.taxtmi.com/forum/issue?id=108614