In the
2014-2015 financial budget, the Union finance minister has proposed service tax
for online advertising in websites and blogs. Read this article to know more about
the service tax for advertising, which includes Google AdSense and other online
advertising programs and platforms.
Few days ago, the finance minister of India brought out the
budget for 2014-2015 F.Y and it has got some news for the bloggers, content
writers and also online advertisers. Perhaps for the first time, online
advertising has been removed from the negative list of service tax exemptions
and tagged under the taxable incomes. This implies that Indian bloggers, online
article writers and online ad publishers will have to deduct service taxes from
their over limit incomes and clients respectively
and pay to the Government treasury.