Income Tax Department: The new ‘follower’ of social media influencers
The ever-growing record of followers of social media influencers has a new addition — the Income Tax According to a report within the Economic Times, the I-T division has despatched notices to fifteen social media influencers, who had not too…
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Tax obligations of online merchants and social media influencers
DO you personal an online enterprise or earn revenue from being a social media influencer? The Bureau of Internal Revenue (BIR) has intensified tax enforcement in online merchants and social media Even earlier than the beginning of the Covid-19…
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‘Influencer tax’ fallout: What will change? | Latest News India
Under the brand new tax guidelines, social media influencers will be required to pay a ten% tax deducted at supply (TDS) on freebies and perks value above ₹20,000, acquired from companies for gross sales promotion, efficient July This might…
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New tax policy inconvenient for small businesses with lower campaign budgets
Experts are saying the federal government’s new tax policy for influencers will make it tough for businesses to get promotions for their They additionally say it is going to affect smaller businesses that don’t have excessive budgets for large…
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Tax talk: Clarity needed on TDS for products given for free to social media influencers
The tax division has persistently sought to disallow bills incurred by a taxpayer in direction of presents offered to enterprise associates. By Neeraj Agarwala Tax Deducted at Source (TDS) on…
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first of its kind end-to-end payment and tax solution for influencer and affiliate marketing programs
NEW YORK, Dec. 14, 2021 /PRNewswire/ — Refersion, a number one efficiency marketing platform, introduced the launch of Refersion Pay, a first of its kind payment and tax solution for influencer…
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Tax on social media influencers: Tax on social media influencers: Why do they have to pay tax and how is it calculated in India?
Social media has turn into inordinately vital and important to us. From communication to leisure to procuring, it is the one-stop resolution for our numerous wants. The variety of individuals…
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Influencers ‘happy to dialogue’ with BIR over tax dues
Erwan Heussaff, Jako de Leon and Carlo Ople After receiving a warning to pay their taxes or face prices, a bunch of social media influencers on Friday requested for a…
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Must-have Electronics To Include On Your Child Tax Credit Shopping List
Back-to-school electronics that assist enhance your kid’s productivity-starting at $89.99.Jennifer MikoJuly 16, 2021Updated: July 16, 2021 12:19 p.m. Shop offers on back-to-school electronics to stretch your youngster tax credit score additional.Ariel…
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