Income Tax Department Launches Tax-Evasion Probe Against Social Media Influencers
The department initiated the action last week after it searched about 10 YouTubers and other social media influencers—mostly young artistes and actors—in Kerala.
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The department initiated the action last week after it searched about 10 YouTubers and other social media influencers—mostly young artistes and actors—in Kerala.
India Business News: The income-tax department in India is investigating social media influencers and content creators on platforms like YouTube and Instagram for allegedl
The income-tax department has launched a probe against certain social media influencers and content creators on platforms like YouTube and Instagram for allegedly not showing their income and profits commensurate with their earnings
The sources said a "data analytics" investigation undertaken by the department found out that these social media influencers and online content creators are making "substantial" earnings but either not showing or under-reporting it in their income tax returns (ITRs) or filings, largely due to ignorance of tax laws.
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