Do bloggers need to pay tax?
Do bloggers need to pay tax?
The blogger must file the income tax return within the time specified and pay the balance tax or claim refund. The delay in the payment of income taxes will attract penalties and interest. The blogger will need a Permanent Account Number (PAN) for the filing of the income tax returns.
Is there any fees for GST?
Key Facts about GST Registration No charges are levied to complete the GST registration process. In case businesses do not complete the registration process, 10\% of the amount that is due or Rs. 10,000 will be levied.
How do I register for GST for free?
Go to official GST portal – https://www.gst.gov.in/ and under the services tab, choose Services > Registration > New Registration. On the Registration page, enter all the requested details (including your PAN number), email address and mobile number. After entering the details, click proceed.
Is GST required for AdSense?
AdSense and YouTube Income: Those bloggers/publishers whose income source is AdSense as well as YouTube, they are also exempt from any GST rules and regulations. No need to pay GST for that blogger.
Do I need to get a GSTN number for my blog?
Yes, if you are earning from your blog, you would need to register for GST and get a GSTN number for yourself. But do not worry at all. GST registration a simple and easy process. Your CA can easily get you registered within minutes.
Do bloggers living outside India need to register under GST?
According to the third point, bloggers living outside India but supplying services in India to unregistered parties are liable to get GST registration if their annual turnover exceeds Rs 20 lakhs.
How to understand the tax implication under GST for blogging?
In order to understand the tax implication under GST, first we need to find out answers to some of the basic questions such as whether blogging is supply of goods or services, what is the exact nature of the transaction, what is the place of supply, etc.
Do bloggers have to pay income tax?
The answer to the above question is very simple. Income Tax will be imposed on Blogging Net Income which will be considered after the deduction of certain expenses. Now readers might be thinking what are the expenses which are incurred by the bloggers that can be allowed against the income earned by them under Income Tax Act.