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Do We Require To Pay Taxes On Our Onlnie Earnings


niitesh Rep Points: 665
Posted on March 28, 2009 at 2:03 am
Have tried finding an answer to the question but so far i haven't got any? Are online earnings subject to taxes.I am from India and so does the online income come under the foreign income slab.Can someone help me with my queries

sophie_dfuss Rep Points: 2,445
Posted on March 28, 2009 at 4:11 am
No, we are not required to pay taxes for our online earnings. Rejoice! :-)

niitesh Rep Points: 665
Posted on March 28, 2009 at 4:22 am
thats really something to rejoice about, but does it hold true for all the countrie

jxyaolong Rep Points: 2,285
Posted on March 28, 2009 at 4:45 am
we shouldn't neet to pay the taxes.

shh34 Rep Points: 1,045
Posted on March 28, 2009 at 4:57 am
The law vary for different countries.  You should have direct the question to the tax department of India.

bhutu Rep Points: 1,095
Posted on March 28, 2009 at 10:34 am
i am not so sure but I think we have to pay because you are earning something and you should pay tax for anything you earn.

FreelanceMoneyMaker Rep Points: 495
Posted on March 28, 2009 at 4:05 pm
From what i've read, you do have to pay taxes at least. In the US if you make a certain amount online each year but uh, most don't earn close to it and there isn't any "solid coorelation" so to speak that certain online earnings you make would be required to have to pay taxes on. Plus, I hardly see them coming after you for the possibly extra few hundred you earned that year.. then again, it is the IRS we're talking about here. =D

sweetseoul Rep Points: 1,225
Posted on March 28, 2009 at 7:51 pm
i hope not...because i only earn a little online..besides it's hard to monitor the earnings...

kadalpura_1987 Rep Points: 75
Posted on April 8, 2009 at 9:47 pm
I heard that whenever their is an income more than the limit,we have to pay tax.(India).But still I m also not clear whether for the small amounts I get should I pay or not...