Social stars are now in the grip of taxes


Nowadays, people who have a huge following on Instagram and YouTube and are influencing their followers to promote various products on the strength of it, have started discussing with their chartered account. The point to be discussed is a new issue added to the Income-tax Act from this financial year. Accordingly , in a financial year, Rs. A person who receives more than Rs 50,000 or benefits has to pay 10 per cent tax. If social media influencers are given products for promotion from a company, it also counts in this benefit!

Comments

Popular posts from this blog

One year into the ONDC system: How far has the e-Cormus initiative come?

Is there a relationship between smartphone use and hypertension?

Increase in character limit of tweets, now users can tweet in 10,000 characters

Real-time video sharing has been introduced in WhatsApp

Climate change: Fresh water demand increases, river valley system will change, startling fact

Does a particular chemical cause the locusts to attack the crop?

Moon Mission: Where on the Moon - Where will water be found? Map prepared by NASA

Living for 20 years, this seabird flies a total of 3 lakh km in its lifetime

The use of long addresses on YouTube had to be shortened after protests!

June recorded the fifth highest temperature in 15 years