
Freelancers and content creators can claim eligible business expenses against their professional income, reducing their taxable income. Expenses such as equipment, phones, cameras, internet, mobile bills and certain business-related vehicle costs may qualify, subject to applicable tax rules. Gauri Chadha, Tax Expert, explains how expense claims can provide benefits under both income tax and GST. Eligible GST paid on business purchases may also qualify for input tax credit against output GST. The key is to maintain proper records and ensure expenses are genuinely related to earning business income. Personal expenses, however, cannot be claimed as business expenses.