India freelancer tax calculator
For exporters of services. Toggle LUT and PAN status to see the GST + TDS impact on a single invoice. Pair with the cross-border calculator below to see the all-in net take-home.
- ·LUT filed — export treated as zero-rated (0% GST).
- ·PAN on file: 10% TDS rate applies (illustrative).
- !Display-only. Actual TDS rates depend on the platform (Section 194-O for residents is 1% with PAN). Consult a CA for your specific situation.
Combine with the cross-border calculator
Toggle the India Tax overlay inside the calculator to see post-tax net on each platform.
₹5,277 — gone, just like that.
- 6 months of GitHub Copilot
- 9 pints of craft beer
- 5 months of Spotify
You'll leak ₹63,319 — that's a PlayStation 5 + 3 games.
Every. Single. Year.
Stop the leak! Based on your parameters, Wise Business saves you ₹63,319/year compared to PayPal.
Switch the rail and reclaim that margin every cycle.
How we calculated it
Difference between PayPal and Wise Business on the same invoice, split into the two leak sources:
- Platform fee delta₹3,282
- FX markup leakage delta₹1,995
- Per-invoice savings₹5,277
- × 12 months₹63,319
Winner breakdown
0.00% better than WorldFirst- Gross billed
- $1,000
- Platform fee %
- 0.50%
- Total platform fee
- $5.00
- Conversion rate
- 83.5000
- FX markup
- 0.00%
- Effective rate
- 83.5000
- Receiving amount
- $995.00
- Hidden FX loss
- ₹0.00
- Total loss
- ₹417.50
LUT vs without LUT
A Letter of Undertaking (LUT) lets you export services without paying 18% IGST upfront. Without LUT, you pay IGST and reclaim via refund — slower and capital-intensive.
Why PAN matters
Platforms typically withhold tax (TDS) on payouts. With PAN, the standard residential rate applies; without PAN, penal rates can hit 20% — money you only recover at year-end filing.
See exactly what you'd lose on your own invoice.
Plug in your amount, switch corridors, copy the right reverse-invoice value in seconds.