Elon Musk announced that subscribers of X Premium (formerly Twitter) will receive a share in ad revenue. Experts state that this revenue will be subject to an 18% GST tax.
Individuals will be taxed only if their total income, including ad revenue and other sources like rent and interest, exceeds ₹20 lakh in a year.
Accounts with over 15 million organic impressions in three months and at least 500 followers are eligible for the revenue sharing program.
Experts explain that ad revenue from X will be subject to GST, and all sources of income need to be considered to determine if GST registration is required for content creators.