What is the self-employment tax and who has to pay it?

In India, there is no specific tax called the selfemployment tax. However, selfemployed individuals, such as freelancers or sole proprietors, are required to pay income tax on their business income. The income tax rates for individuals vary based on their income levels and are subject to change from year to year. Selfemployed individuals are also required to pay a health and education cess of 4% on their income tax liability. It's important for selfemployed individuals to maintain accurate records of their income and expenses to ensure they are paying the correct amount of tax.