do i have to pay taxes for online earnings in india?

India
November 6, 2010 6:07am CST
i have joined ptc sites and also earn money from many ads published on my site, do i have to pay taxes for it? . . . . pls help...
6 responses
@kai9999 (1700)
• India
7 Nov 10
yes, you need to pay similar to oridinal rates. don't worry if your are earning lesser than 5000/- per month as you will not be charged any thing but if your earning more than 1 lakh per year then you need to pay taxes you can't avoid it. recently paypal issure with rbi is due to increasing of online earning.
• India
7 Nov 10
I don't earn online more than 1 lakh per year but otherwise yes.. so what to do? thanks for all your suggetions
@msdivkar (23359)
• India
6 Nov 10
Hi swarnim, Do you file your returns? If yes then you have to include your on line earnings along with your other income. If your total income is more than 1,60,000. then you have to pay taxes. The rate at which you have to pay the tax depends on the slab at which your income falls. More the income higher is the slab and eventually higher tax rate. If your total earnings are less than 1,60,000. then you need not file your returns.
• United States
6 Nov 10
I'm sure you do. Here in America we have to pay taxes on our online earnings.
• India
6 Nov 10
u will have to pay taxes according to ur income limit as far as i know its 160000 u dont have to pay if u r making that amount per year think u will b charged some by ur bank while transvering large amount to ur bank account i would sugest u contact a charted accountant he will give u the exact figures
• China
6 Nov 10
i have never heard of such news in China. of course if you can gain large from the internet,it can make no difference to you ,no matter such rules or laws exist or not . as for me .unfortunately i can earn little from the internet ,i feel so sad .what interest me is how to make more money from the internet .even i hope i can make my entire income from the internet . now you care about taxes ,so it may prove that you gain so large ,congratulations ! glad to exchange experiences !
@calpro (930)
• India
6 Nov 10
Hi, Yes you have to pay taxes in India.You have to show it in your returns (saral form,I think so).If you are in tax payment bracket you have to pay it as per the slab. Upto 1,60,000 - nil 1,61,000-500000 - 10% 5,00001 -800000 - 20% 800001 and above- 30% Hope this answer helps.For further more detailed answer you can call your CA.