How a Pakistani makes 7 crores from YouTube in 3 years?
Nadir Ali was able to earn over 7 crore rupees from his prank videos which he would upload on YouTube
Nadir Ali would often upload his prank videos on YouTube. These funny video were so liked by the people across the country that he bagged 7 crores from it. The amount was paid by Google as YouTube is one of its subsidiaries.
His case came out when FBR sent him a tax notice of 13 million. It was due to the fact that authorities could see huge sums coming into his account. His account would get more than 1 million every month, without any significant activity. And then, he would’nt file his income tax returns or submit the due taxes to the authorities. So, FBR wants some of it in the national kitty.
Tax Notice for Online Earning through YouTube
Thus, he was sent a tax notice. The tax notice is for 1 crores and thirty lacs only. After all, no one minds giving such an amount to the country when you’re earning big.
Nadir’s Channel is ‘P for Pakao’ on YouTube. You can find the link to his channel a little downwards in this story. He has over 3 million followers and more than 820 million views on his videos.
Nadir registered his channel with the income tax department in October 2017. For the first two years, 2016 and 2017, he showed no income and for the next two years, he declared Rs. 0.89 million and Rs. 14.44 million respectively. But, FBR doesn’t believe in his words.
As per FBR sources, he earned Rs. 2.186 million in the year 2017, Rs. 28.335 million in 2018 and 46.762 million in 2019. The details have been verified with YouTube.
Moreover, he received Rs. 10 million in foreign exchange during the year he claimed exemption without providing the proof. At the same time, he maintained a bank account that was not declared in the wealth statement.
It is noteworthy that online income is taxable and records need to be maintained for five years and declared in the annual return filings.
You want to see his content? Check out the channel here.