Independent Contractor

An independent contractor is a self-employed individual or business entity that provides services to another entity under a contract, rather than being an employee. They manage their own work, schedule, and often work with multiple clients simultaneously. This classification is crucial for tax and legal purposes. Key Characteristics:

• Self-Employed:Independent contractors are responsible for their own taxes, benefits, and business expenses.
• Contract-Based:Services are provided based on a written or verbal agreement outlining the scope of work and compensation.
• Flexible Work Arrangement:They often have autonomy over their schedule and may work for multiple clients.
• Specialized Skills:Typically hired for specific skills or expertise on a project basis.
• Not an Employee:They are not subject to the same legal protections and obligations as employees.
• Examples:Often found in fields like construction, IT, creative industries, and consulting.

Independent Contractor vs. Employee:

• Control: Employers have limited control over how an independent contractor performs their work.
• Benefits and Taxes: Independent contractors handle their own taxes and benefits, while employers typically do not withhold or pay taxes for them.
• Financial Responsibility: They are responsible for their own business expenses.

Job Types: Full-time, Part-time

Pay: ₹24,110.18 - ₹39,271.57 per month

Benefits:

• Provident Fund

Work Location: In person