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Understanding Tax on Cashbacks, Bonuses, and Sales in India

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Understanding Tax on Cashbacks, Bonuses, and Sales in India

In India, not all money is created equal! Cashback from your credit card is like a sweet discount, while referral bonuses can hit you with taxes. Selling your old stuff? No worries, that's usually tax-free! Just remember, if you're making money regularly, it might be considered business income. Keep your eyes peeled on those tax rules!