These rules will change from June 1, Google and YouTube will have to pay

Read Time:1 Minute, 56 Second

rules will change from June 1 Google and YouTube

rules will change from June 1, Google and YouTube Two major changes are going to take place in the world of technology from June 1, 2021, which can cause a tremendous blow to the users. Meaning users will have to pay for the free service of Google Photo. Also, earners from YouTube will be brought under the tax net. In such a situation, the social media platform user should know about these changes of youtube and Google Photo in detail, so that there is no confusion about its use.

Google Photo storage will be charged

Google Photo’s free cloud storage facility is going away from June 1, 2021. The company will replace it with a paid subscription model. On behalf of the company, it has been named Google One. Meaning, Google will now be charged for Google Photo Clout Storage. Currently, Google Photo comes with unlimited free storage. However, from June 1, 2021, customers are offered only 15GB of free cloud storage from Google. If you store more than 15GB of photos and documents online, then you have to pay $ 1.99 (Rs 146) per month. Which has an annual subscription charge of $ 19.99 (about Rs. 1464).

Also Read: CFA May 2021 May 3 session CFA exams canceled due to Covid-19 epidemic, candidates will be able to give exam in November.

Tax will be imposed on YouTube videos

Making money by uploading videos to YouTube has become common. But from June, you may have to pay tax on Youtube earnings. However, Youtube’s US content creators will not be taxed. But content creators of the rest of the world, including India, will have to pay tax on Youtube’s earnings. However, you only have to pay taxes for the views you have received from American viewers.

This new tax policy of Youtube will start from June 2021. This tax will also come under the purview of Indian Youtube Content Creators, who will have to pay tax at the rate of 24% per month on earnings. YouTube content creators will have to disclose their earnings before May 31 under the new rule. In such a situation, Google will be taxed at 15% from Youtube content creators. At the same time, 24 percent tax will be charged from the company user for not disclosing the earnings till May 31.