Content Creators Must Declare Social Media Income Before August 31 Deadline

Indian content creators earning through platforms like Instagram and YouTube have been reminded that such income is not tax-exempt. When social media activity becomes a primary or significant source of earnings, it is classified as business profits and gains under tax law. Authorities have set August 31 as the deadline for creators to file their income declarations. Influencers who fail to report these earnings could face penalties under existing income tax regulations.