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HomeTechnologySenate panel approves 5% tax on social media earnings

Senate panel approves 5% tax on social media earnings

As part of efforts to expand the tax base and regulate the growing digital economy, parliamentary committees have endorsed a proposal to tax income earned through social media platforms. The measure, included in the Finance Bill 2026, aims to bring digital content creators and online earners into the formal tax system. However, the proposal has The post Senate panel approves 5% tax on social media earnings appeared first on MM News.

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