as i am a youtuber since 3 years and now im making a decent amount of money and im from india,im getting paid for youtube monetisation from google adsense,and from 3 months im really getting good amount of money….should i pay income tax for this,or it is already getting deducted from my bank account as google always transfers money through bank only….
should I pay income tax for youtube earning income
Share
Indian Youtuber need to pay tax on their own. Their is no deduction for the same.
According to the contract between Google and content creator in India it totally comes under Singapore Entity.
As per the agreement the tax shall be imposed in the same country from where the income is present.
If you don’t pay the tax then it may be considered as illegal so if you have ₹10, 000 income annually you can pay your tax in advance.
If you have more income than this then you need to follow proper procedure of paying tax with detailed information with help of a chatered accountant maybe.
If you don’t pay your taxes they might charge you with penalties.
So according to your question if you’re getting a good amount of money then you need to pay tax.