Where to upload Pancard to decrease TDS hold amount.
I have received a notification on Upwork that I need to submit a pan card to reduce the TDS amount hold but I am not sure where to upload it?
Also, can we use Upwork on multiple computers?
I sometimes sit in my coworking space and some time at the home and I use laptop and desktop sometimes at multiple places. Can I use Upwork on multiple devices or it could be an issue due to an IP change?
You can enter your PAN or Aadhaar number in the “Tax Info” section under “Settings.”
You are allowed to use multiple computers/laptops or IPs to work from as long as you don't share your account with another person. It's important that you don't share your log in credentials with anybody and don't log into other users' accounts as it's a serious violation of Upwork TOS.
Thanks for your question. The amount of tax we are required to withhold is dependent upon whether or not you have a valid PAN or Aadhaar number on file with Upwork:
Let us know if you have further questions.
Since the transaction in question appears to had happened before the PAN number was added to your account, a 5% rate has been applied. We are required to forward any tax we collect from our users to the Indian government. Going forward you should see the tax being withheld at a 0.75% rate.
Hi All ,
For example, today on 11th Nov i received a payment , upwork has deducted the TDS from the payment and shown in USD to agency transaction history.
For Upwork quarterly statement which they will issue to calculate quarterly TDS amount , that TDS will be calculated in INR based on USD to INR rate as on 11th Nov? OR the rate while making the accumulated statement at the end of the quarter?