A Complete guide on Income Tax for Indian bloggers & Freelancers
With a sudden rise in the number of professional bloggers in India, most of whom are earning full time through blogging, the constraints and doubts on the calculation of income tax for these professionals has only augmented. So, in order to provide some help and knowledge about calculating income tax for Indian bloggers, I am writing this helpful article that would serve as a great referral to many such professionals, most popularly known as the webpreneurs. Before we get on directly on to the topic of income tax, we must understand the income source for bloggers. Major income sources for bloggers: Advertisements: The major income for most bloggers out there comes from Google Adsense, Google’s Advertising platform for publishers. Besides that, there are several other modes of advertisements with different third-party providers such BuySellAds, Chitika, Yahoo’s Media.net etc. Also, there are different types of advertisements in the market ranging from advertisement banners to text ads to sponsored posts. Affiliate Sales: Next up is affiliate marketing. If you are reading this blog post, I am pretty much sure that you are a blogger and aware of the term affiliate marketing and generating income through affiliate sales. Blog or Website related Services: […]