Dear Readers,
We were talking about online income. The number of YouTubers has multiplied beyond counting, but you can see the numbers in the hands of Google. Do you want to be a YouTuber? It must be there. But thinking about an income is not as easy as it has been used before.
Things became a little clearer and more serious. Because TAX itself, there too the tax department got hold of it. That's so nice. Because, we should not be afraid to use the money we earn when it is real. Tax must be paid. It is the duty and responsibility of every citizen. So now when making money through YouTube or any other social media platform, or as a means of livelihood, a GST registration is MANDATORY. This is also the case if you want to make money transactions.
This is the answer we got when we asked GOOGLE itself about this -
Is GST Enrollment a Mandate for Bloggers & YouTubers?
The GST registration is needed by the bloggers or YouTubers, in which the total PAN-based turnover exceeds Rs. 20 lakh for a financial year. The same threshold is Rs 10 lakh for the mentioned class.11-Oct-2022.
Don't worry. go ahead, be a famous youtuber, blogger or affiliate marketer and start making money. What I told you is nothing discouragement disclosing a big secret. Everybody knows that when we earn money from a business or a job, we must need to pay the tax.
Thanks for Reading Following & Sharing
xaviersons india
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