Football player
This query is : Resolved
05 October 2013
Is service tax applicable to a professional footballer if he receives professional fees from a club?
05 October 2013
Hi
A 12.36 per cent service tax will now be levied on all players – men and women – who earn more than Rs 10 lakh from match fees (this includes prize or award money). Coaches, match referees, umpires and other support staff of teams earning above Rs 10 lakh annually will also be taxed.
Read more:
https://www.dailymail.co.uk/indiahome/indianews/article-2168873/Filmstars-income-promotional-adverts-new-levy.html
A 12.36 per cent service tax will now be levied on all players – men and women – who earn more than Rs 10 lakh from match fees (this includes prize or award money). Coaches, match referees, umpires and other support staff of teams earning above Rs 10 lakh annually will also be taxed.
Read more:
https://www.dailymail.co.uk/indiahome/indianews/article-2168873/Filmstars-income-promotional-adverts-new-levy.html
05 October 2013
hi,
Thank you Mr. Mishra. Also this is from A.Y 13-14 onwards, right?
Thank you Mr. Mishra. Also this is from A.Y 13-14 onwards, right?
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