cloud9communication
cloud9communication Recent Posts Threads Started
607 posts
  • Has referred 10+ members
  • Has sold $10,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Located in India
+3 more
cloud9communication says

now i will not withdraw money from envato. will only do it when i am need of the money. because as the money transfers into bank its finished in days and I thought paypal would be nice place to keep our savings. But now i feel envato is good place to keep our savings. and hopes there is no withdrawal limit in envato although i have’t earned alot from envato but still want to know as you never know which file will change my future and life in envato.

409 posts
  • Has been part of the Envato Community for over 4 years
  • Sells items exclusively on Envato Market
  • Located in India
Dhruv says
well this s for those people who doesn’t pay tax and we know that there is lot of black money in india…

Yeah, There are trillions of black money…,

But let’s face it, nothing can be done against it and in future when i make lots of money, I wont pay any taxes either.. (for now i do pay my taxes.)

This will never change.

6124 posts
  • Sells items exclusively on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $125,000+ on Envato Market
  • Has been part of the Envato Community for over 6 years
+8 more
VF says

now i will not withdraw money from envato. will only do it when i am need of the money. because as the money transfers into bank its finished in days and I thought paypal would be nice place to keep our savings. But now i feel envato is good place to keep our savings. and hopes there is no withdrawal limit in envato although i have’t earned alot from envato but still want to know as you never know which file will change my future and life in envato.

There is no problem in withdrawing Envato to Bank account. The business bank account + Swift transfer works fine.

The problems are for those using paypal as medium to receive payment from multiple clients as small amounts (which is irrelevant to Envato earnings btw). In the past each and every freelancer I have seen never cared about paying taxes (by withdrawing through mediums other than direct bank transfer). In fact one guy advised me that we don’t need to pay tax if we withdraw through paypal. It is sad to see people don’t respect govt / system. It is slow but for a reason most times.

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