No Tax payment for adsense in India

Discussion in 'Payments' started by satangod, Sep 8, 2007.

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  1. #1
    This Question has been asked many times on this forum.
    Who have to pay taxes ?
    Whom to apply for filing tax returns ?

    ANS :
    If your adsense earnings are less then Rs. 1 Lakh per year then you DON'T have to pay taxes.
    In fact whatever is your mode of earning, income below Rs. 1Lakh annually are not required to pay taxes in India.

    Now ease yourself:cool:
     
    satangod, Sep 8, 2007 IP
  2. verybigkitty

    verybigkitty Peon

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    #2
    Time to open a bank account in India. =]
     
    verybigkitty, Sep 8, 2007 IP
  3. sachin410

    sachin410 Illustrious Member

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    #3
    First, the non-taxable slab is now up to Rs 1.1 lac for men and up to Rs 1.45 lac for women (For assessment year 2007-2008).

    Second, income tax is calculated on net income for self-employed persons and not just the Adsense income.

    If a person having less than 1.1 lac Adsense income, has a net income more than 1.1 lac, he has to pay tax.

    If a person having more than 1.1 lac Adsense income, has a net income less than 1.1 lac, he doesn't have to pay tax.
     
    sachin410, Sep 8, 2007 IP
  4. Postaldude

    Postaldude Peon

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    #4
    do u need to pay taxes if u in canada and u simply have a free blogger account that u earn money from with adsense?
     
    Postaldude, Sep 8, 2007 IP
  5. Fisker

    Fisker Well-Known Member

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    #5
    I think i have reach that mark first to make myself worry!@!! Thanks for tsharing the info
     
    Fisker, Sep 8, 2007 IP
  6. godmode

    godmode Well-Known Member

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    #6
    100% agree to the point.
     
    godmode, Sep 10, 2007 IP
  7. totalmasala

    totalmasala Banned

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    #7
    you won't have to pay tax but if money is coming in your country it is possible that your country cuts Tax
     
    totalmasala, Sep 17, 2007 IP