Golden Play Button: YouTube Earnings, Tax Rules, Income Potential

• YouTube has become a major income source for content creators, who earn through advertisements and brand promotions.
• The Golden Play Button is awarded for 1 million subscribers but doesn't directly generate income; earnings depend on video views.
• Advertisers typically pay around $2 per 1,000 views, with top creators potentially earning up to $4 million (₹35.9 crores) annually.
• YouTube offers various Play Buttons: Silver (100k), Gold (1M), Diamond (10M), Ruby (50M), and Red Diamond (100M subscribers).
• In India, YouTube income is taxed under "Income from Business or Profession," with options like presumptive taxation (Section 44AD) and TDS on brand benefits.

Why It Matters: YouTube is a major income source for creators, with specific tax rules in India.