Payment Informations

1  How much can I earn via the Acemwork program?

Acemwork.com pays commission to work depending on category of work via their website,

2 What are the payment methods?

If work select payment via Cheque, Acemwork will accrue and withhold referral fees until the total amount due is at least Rs.2500.00. If work select payment via Electronic Fund Transfer (EFT), Acemwork will accrue and withhold referral fees until the total amount due is at least Rs.1000.00.

Please note that the payment will be processed as per the payment mode selected by you in your work account ('My Account' section) as on the 7th of every month. In case you change your payment mode after the 7th of the month, the new payment mode will be applicable from next month's payment cycle.

3  What are the details I have to provide to be able to receive payments?

To receive payments, you will have to submit the following details:
a.  Payee Name
b.  PAN Details
c.  IFSC Code
d.  Bank Account Number
e.  Mailing Address
f.  Contact Number (preferably mobile)

4  Do I have to pay tax on my earnings through this program?

As per applicable Indian tax laws, we deduct 10% TDS on all payments made through Electronic Fund Transfer (EFT) as well as in the form of Cheque. Our payments to you are referral fees in the form of commission which is covered under Section 194H of the Income Tax Act and deduct TDS at the rate of 10% (if PAN is provided to us). Please note that we require all your necessary details (PAN, Payee Name, Mailing Address, etc) to process the payment. if PAN is not provided to us, referral fees would be subjected to 20% income tax (TDS) withholding.

5  What happens to my referral fees if they do not meet the minimum payment threshold?

If we owe you less than Rs.2500 (if you're being paid by Cheque) or less than Rs.1000 (if you're being paid by EFT), your fees will be rolled into the next month's total.

6  What are the charges for the different payment methods?

There are no charges applicable on either payment method. However, we deduct 10% TDS for all payments made through Electronic Fund Transfer (EFT) as well as in the form of Cheque. In case of Cheque payments, if PAN is not provided to us, referral fees would be subjected to 20% income tax (TDS) withholding.

7  How do I keep track of my earnings ?

An extensive earnings report is available with every Work of Acemwork.com. The report has exhaustive statistics on purchases made and commission earned. Summarized reports may be viewed once an Work is signed up.

8  How do I view my payment history?

You can check the My Account on your account homepage.