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India Tax Fill - How to submit Taxes for our Earnings from adsense and clickbank

by hi5blast
2 replies
Hello Indian Friends,

I have never filled any taxes for my online Income ... How can I submit taxes... for past 1 year I regularly earn nearly rs 80k/month or more .. So Iam worried .. Is it necessary to pay taxes for these income?.. If so how.. I am filling taxes for my day job income but I have never filled for online income..
Please help

thanks
#adsense #clickbank #earnings #fill #india #submit #tax #taxes
  • Profile picture of the author vndnbrgj
    Talk to your accountant and attorney
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    Life Begins At The End Of Your Comfort Zone
    - Neale Donald Wilson -
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    • Profile picture of the author FredJones
      Yes, you need to pay income taxes.

      Also, in case your income is INR 1,000,000+ per year then you also need to pay service taxes at 12.36% of revenue - ouch - note - it is 12.36% of revenue, not profit. In other words, even if you make a loss, you STILL have to pay service taxes (and VAT, if applicable). Indian tax rules are quite dangerous, and this system makes it very tough to make businesses profitable as it automatically pushes up prices (which may not be practical in international markets like ours).

      So, without delay and without acquiring more fines, I suggest pay your taxes immediately.
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      Get funded up to US $2 Million for your business as a JV (not a loan). Keep 80% of the profits.
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