A Million Dollar Question on Tax!

Discussion in 'General Chat' started by mdvasanth86, Oct 27, 2008.

  1. #1
    Hello Dpers!

    I just had this doubt right from the beginning and where else can i find a solution than in DP?

    So, the question is ,

    If the online income that we earn by say, writing blogs for networks like PAyPerPost, sponsored reviews, .... and other streams of online income taxable??

    I know, it will be taxable in the US, as they will generally ask for the Social Security Number(SSN).But, what about people from rest of the world.

    I am an indian, so is it taxable in India??
    Is it taxable in your country?

    If yes, How many of you people actually pay tax for it? :rolleyes::confused:

    I just finished my graduation and will be working as a S/W engineer shortly in a MNC.So, just wanted to know if i can continue using the money like i do before or should i pay tax for it once i go for my job.Because, once i go there, I would be taxable anyways.
     
    mdvasanth86, Oct 27, 2008 IP
  2. mdvasanth86

    mdvasanth86 Notable Member

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    #2
    Hello Friends! I am looking for an answer here.Please kindly post whatever you know.Thanks!!
     
    mdvasanth86, Oct 27, 2008 IP
  3. iCobra

    iCobra Banned

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    #3
    Yes they are. They deduct taxes only if u r from US/UK, else u have to pay tax to our govt separately.
     
    iCobra, Oct 27, 2008 IP