Indian Paypal Users please check!

[Spartan]

I use Software consulting as a Category when i withdraw ,
& tax is applicable only after you earn 1.90 lac
and you can save upto 3 lac by making some IDBI bonds , national saving certificates etc

[CJ]

first of all, change what u have written

Yeah i know unless your annual income is less then 3 lacs ( near about that ) you don't have to pay taxes

it should be

Yeah i know unless your annual income is more then 3 lacs ( near about that ) you don't have to pay taxes

& y would u worry unless u earn 3L per yr `

[mystaku]

So has anyone till now paid taxes for the income they get as a webmaster ? If not, do you think you've a salary high enough and should be paying taxes ? Has anyone received any form of notice, warning etc for evading it?

mystaku, nothing special, tell them u earned money from affiliate programs, and was thinking that only employees need to pay tax. and now ready to pay tax + fine

LOL What if they summon me to the court?

first of all, change what u have written


it should be


& y would u worry unless u earn 3L per yr `

Sorry for the typo. Its 1.9 lacs btw. From the past few months I've been earning about 20000 a month which translates to 2.4 lacs a year soo..

[Silent.Hunter]

I read in newspaper today that tax returns have not to be filled by people earning upto 5L per year. Does any one know about this ?

[The Dude]

@Silent.Hunter, i have read it 2 week ago in yahoo news.

[deep.j1]

My Annual income . Come around like 9 lakh Still tax is not paid..

[mystaku]

My Annual income . Come around like 9 lakh Still tax is not paid..

lol really ? Haha the income tax department cannot possibly monitor all affiliates and people earning money online.

[BlaZe]

Well I don't think this movement by Paypal to request the PAN card identification is unfair. Its absolutely a great move and it should not bother most of the Indians using Paypal.

I have a question to ask the thread starter. How much per year you earn and deposit money in Paypal ? Is it over Rs. 3 lacs ? If its not then there is no harm in adding the PAN identification in Paypal. Even if its more than Rs. 3 lacs then you should not hesitate to pay the taxes as its there for a reason.

[Silent.Hunter]

lol really ? Haha the income tax department cannot possibly monitor all affiliates and people earning money online.

No mate, its just a matter of time. He will be eventually caught and then pay late fees etc and believe me, late fees is very high for Income Tax.

[alex17]

So what to do ? use AP ?