Indians ! Let’s discuss the Tax thingy, I have no idea

[wanderingartist]

Hello ! So my CA does taxes for me, so do I have to opt for TDS on Fiverr ? Or can I opt for exempt because I pay taxes yearly already I have my IT returns filed. I don’t earn more than 5 lacs a year.

I will be talking to my CA, when I get time from my orders.

[mymarketingpro]

I’m also not cleared on this. I got charged 5% TDS that too before Fiverr 20% Fee basically the whole order amount not net profit.

I think you cannot exempt from it. It applied automatically

[lloydsolutions]

Check out this topic: What the new fees in terms of TDS for Indian usere

[wanderingartist]

Check out this topic: What the new fees in terms of TDS for Indian usere

I checked that, not much help, my question is why should I pay taxes twice ? I already pay it in India and now Fiverr wants to deduct taxes too ? Like wtf

[wanderingartist]

I’m also not cleared on this. I got charged 5% TDS that too before Fiverr 20% Fee basically the whole order amount not net profit.

I think you cannot exempt from it. It applied automatically

What if I choose the exempt option ? Because I am already paying taxes here and I don’t want to pay double taxes for the same income 😐