Earnings generated through social media sites such as YouTube and Instagram are typically taxed under the category of 'Profits and Gains from Business or Profession,' based on the tax bracket of the individual. Content creators are required to factor in a 10% TDS on professional payments that surpass ₹30,000, along with GST if their annual turnover goes beyond ₹20 lakh. For the AY 2026-27, creators who qualify for non-audited returns are required to submit their ITR-3 or ITR-4 forms by the deadline of August 31, 2026.

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