Why is Fiverr cutting TDS even if income has not crossed 5 Lac(the taxable income barrier in India), any experienced Indian seller who can clarify this?
Even I have the same doubt, today I was charged 1% tax on my order, when it was just 10$ order and my income has not even crossed 5 Lakhs.
Is there anyone who can explain?
Same! The tax percentage keeps on increasing.
This might help.
check this, and i have earnings less that amount, still taxes are being applied on my earnings, I have contacted customer care also ,but they didnt solve the issue
Income more than 2.5 to 5 lacs is taxable @ 5%
How can anyone get an exempt certificate ?