Tax Policy
TechConnect - Guardiantech Pro Services Private Limited
1. Introduction
This Tax Policy outlines the applicable tax rules, deductions, and responsibilities for users (Clients and Freelancers) on the TechConnect platform operated by Guardiantech Pro Services Private Limited (“Company,” “we,” “our,” or “us”).
By using our platform, all users agree to comply with applicable tax laws and the terms described in this policy.
2. General Tax Responsibility
• All users are responsible for understanding and complying with their local tax laws and regulations.
• The Company may apply tax deductions or charges as required under applicable laws, including but not limited to the Indian Income Tax Act and GST regulations.
3. Client Tax Policy
• Clients are required to pay only the agreed project/service amount displayed on the platform.
• No TDS (Tax Deducted at Source) will be deducted from Clients.
• No GST or commission charges will be applied to Clients.
• The full payment made by the Client will be processed through the platform without any tax deductions.
4. Freelancer Tax Policy
• Freelancers will receive payments after applicable deductions as per law and platform policies.
• The following deductions will be applied to Freelancer earnings:
- TDS (Tax Deducted at Source) as per applicable Indian tax laws
- GST (Goods and Services Tax), where applicable
- Platform Commission Charges
• The Freelancer will receive the net payable amount (actual earnings after all deductions).
5. TDS Deduction Policy
• Guardiantech Pro Services Private Limited will deduct TDS from Freelancer payments in accordance with the Income Tax Act, 1961.
• TDS certificates (Form 16A or applicable forms) will be issued to Freelancers as per statutory timelines.
• Freelancers are responsible for providing valid PAN and other required tax details to ensure correct TDS deduction.
6. GST Policy
• GST will be applied where required under applicable laws.
• Freelancers registered under GST must provide their GSTIN to ensure proper invoicing and compliance.
• The Company may collect and remit GST to the appropriate government authorities.
7. Platform Commission and Charges
• The Company charges a commission fee on Freelancer earnings.
• Commission charges will be deducted before the final payout to the Freelancer.
8. Tax Documentation
• Freelancers must provide accurate tax-related information, including:
- PAN details
- GST registration details (if applicable)
• Failure to provide valid information may result in higher TDS deductions or payment delays.
9. Compliance and Reporting
• The Company will comply with all applicable tax laws, including reporting and remittance obligations.
• Freelancers are responsible for reporting their income and filing their tax returns accordingly.
10. Amendments to Tax Policy
Guardiantech Pro Services Private Limited reserves the right to modify or update this Tax Policy at any time in accordance with regulatory changes or business requirements. Updates will be communicated through the platform.
11. Contact Information
For any tax-related queries, users may contact:
TechConnect - Guardiantech Pro Services Private Limited
Email: support@gtpspl.com