Expenses incurred for the freelancing work that is spent fully and exclusively for the purpose of the work and incurred during the tax year, and which are not capital expenditure or personal expenditure of the freelance, are allowed to be deducted as expenditure
Commenting on the entrepreneurs' obsession over unicorn status, Wipro chairman said that the founders should focus on building valuable business rather than the valuation
The central government, on the other hand, feels that companies need to recognize that freelancing beyond office hours is a growing reality in the IT sector
The reports stated that, currently, the platform is in the initial stage that could be expanded to the external workforce as well later
The CEO said that the company already had a platform which allowed employees to do internal gig work on internal projects
The Wipro chairman Rishad Premji said that this is a complete violation of integrity in its deepest form
The company stated that any violation will lead to disciplinary action that could include termination of employment
The moonlighting allows the employees to take up an alternative job beside their primary work
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