Purpose code for Google AdSense and blogging income

Did your bank ask you to provide the purpose code for receiving AdSense revenue or other income from your blogging? Find out the purpose code for various online income.

Reserve Bank of India started enforcing banks to mention a purpose code for various transactions involving sending or receiving money from abroad. Since AdSense payments are issued from abroad, some banks in India started calling the customers asking for purpose codes for their income.

If you are receiving AdSense income cheques from Google and if you are asked to provide a purpose code to your bank, this information may be helpful to you.

Reserve Bank of India (RBI) has provided a list of purpose codes for sending and receiving Forex transactions.

AdSense Purpose Code

The most suitable purpose code for reporting AdSense income and other blogging income is P1007, which includes "Advertising, trade fair, market research and public opinion polling services", according to RBI guidelines. If you do a lot of sponsored reviews, content writing services etc, you may use P0805 (News agency services). Another relevant code is, P0802 (software implementation), which can be used if you are providing software related services like logo design, scripting, website optimization etc.

So, if you get a call from your bank asking for the purpose code for your AdSense income or other advertising income from your blogs, give the purpose code P1007. In most cases, the banks will ask what is the source of the revenue and they will locate the ideal code for that. In case, they need help finding the code, you can help with the above information.

Other purpose codes for online income

Here are few other codes that refers to various online income:

1. P0017: Sale of intangible assets like patents, copyrights, trade marks etc. by Indian companies.

2. P0802: Software implementation (other than those covered in SOFTEX form)

3. P0803: Data base, data processing charges

4. P0805: News agency services

5. P0806: Other information services- Subscription to newspapers, periodicals, etc.

6. P0901: Franchises services – patents, copy rights, trade marks, industrial processes, franchises etc.

7. P1008: Research & Development services

8. P1009: Architectural, engineering and other technical services

9. P1011: Inward remittance for maintenance of offices in India

You can download a sample letter and submit to your bank to avoid delays from your bank. Read how to approach your bank regarding the wire transfer expected from AdSense.

Visit RBI official website for more information.

Are you making good revenue from AdSense? Read should I pay income tax for AdSense revenue. Also, read some blogging tips to become a successful blogger.

Read 12 simple and effective tips to improve your AdSense CPC

Article by Tony John
Tony John is a professional blogger from India, who started his first Weblog in 1998 at Tripod.com. Tony switched to blogging as a passion blended business in the year 2000 and currently operates several popular web properties including IndiaStudyChannel.com, Techulator.com, dotnetspider.com and many more.

Follow Tony John or read 683 articles authored by Tony John

Related Articles

What to submit on Google Adsense Tax submission page?

If you are looking to submit Google Adsense tax submission details, you have to take some necessary steps to unhold your account payment. You have to remove hold payment status, set currency for check printing and submit tax details to Google review team. Read this article to know how to submit Google Adsense Tax submission details on Adsense settings page.

Review of Amobee In-Text Ad program (Kontera)

Are you looking for reviews of Amobee In-Text contextual advertising platform? Kontera ad network is acquired by Amobee and now they are offering their In-Text ad program under the new brand name. Learn more about InContent Ads by Amobee.

More articles: Income Tax For Bloggers Ad Networks


Author: Bhakti Savla27 Mar 2014 Member Level: Gold   Points : 5

Thanks to the author for sharing some very useful information about purpose codes for online income. I didn't have any clue about them till today, but, now I am fully aware about what they mean and which purpose code is applicable for my Google Adsense income and blogging income. It is good to have this purpose code provision from RBI.

  • Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.
  • No HTML formatting and links to other web sites are allowed.
  • This is a strictly moderated site. Absolutely no spam allowed.
  • Name: