Independent Contractor Payment Terms Template for India

1. International Payments: Include when contractor is based outside India, covering FEMA compliance and forex considerations

2. Milestone-Based Payments: Include when payments are tied to specific deliverables or project milestones

3. Expense Reimbursement: Include when contractor is eligible for expense reimbursements

4. Performance Bonuses: Include when additional performance-based compensation is applicable

5. Multiple Service Categories: Include when contractor provides different services with varying payment terms

6. Digital Payment Terms: Include detailed terms for digital payment platforms when used

7. Subcontractor Payments: Include when contractor is authorized to use subcontractors

1. Schedule A - Fee Schedule: Detailed breakdown of fees, rates, or pricing structure

2. Schedule B - Payment Details: Bank account information and payment routing details

3. Schedule C - Invoice Template: Standard invoice format and required supporting documents

4. Appendix 1 - Tax Forms: Required tax forms and declarations

5. Appendix 2 - Service Categories: Detailed description of service categories and corresponding payment terms

6. Appendix 3 - Expense Policy: Eligible expenses and reimbursement procedures if applicable