have to pay extra tax for paypal $ earning?

Discussion in 'PayPal' started by booom, Jan 31, 2015.

  1. #1
    Do I have to pay extra tax like service tax or something other for earnig $ through paypal?
    I am not talking about income tax,it is another part.
    By the way i don't have any business for dollar income through paypal,I just use it as extra income like home income.
     
    booom, Jan 31, 2015 IP
  2. Paymetrics

    Paymetrics Greenhorn

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    #2
    If you are going to be selling online using PayPal, you will incur PayPal service fees as shown here: https://www.paypal.com/webapps/mpp/paypal-fees
     
    Paymetrics, Feb 8, 2015 IP
  3. booom

    booom Member

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    #3
    well thanks for the reply but I am talking about the service tax or different kinds of taxes which mostly deducted by india Govt.If I receive $ through paypal with my name,I don't know if it taxable under Govt India rule.
     
    booom, Feb 9, 2015 IP
  4. MisterHost.NET

    MisterHost.NET Greenhorn

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    #4
    If you are a registered brand of course you should pay.
     
    MisterHost.NET, Feb 9, 2015 IP
  5. booom

    booom Member

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    #5
    well I understood.
    what about earning $ through paypal for doing individual works like advertising,affiliates,freelancer and my name to which paypal $ is comming,this is not registered with any trade or companies.
    I know I have to pay incometax for this but any other tax have to pay?
     
    booom, Feb 9, 2015 IP
  6. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #6
    I don't think so that you need to pay service tax or something like that for this income (home income).

    DON.
     
    deluxdon, Feb 22, 2015 IP