Dashboard Remittance & Tax Estimator

Freelance Exchange & Tax Estimator

Convert international freelance payments, model bank transfer exchange spreads, withholding taxes, and GST reverse charges.

100% Offline Business

Remittance Details

Invoice / Remittance Amount

Select Currency

Base Exchange Rate (INR)

Bank Fee / Markup Spread (%)

Foreign Withholding Tax / TDS (%)

GST treatment (Inward Remittance)

LUT & FIRC Exemption Active

By filing a Letter of Undertaking (LUT), freelancers export services at 0% GST, avoiding blocking capital. Make sure your receiving bank provides an FIRC.

Remittance Audit

Gross Invoice Value (INR)

₹0

Deductions (Fees & Taxes)

₹0

Fees: ₹0 | Tax: ₹0

Net Credited in Bank ₹0

Remittance Split

Legal Disclaimer

This calculator is provided solely for informational and educational purposes. Calculations are estimates based on standard algorithmic rules and inputs, and should not be construed as professional financial, legal, or tax advice. Actual tax liabilities and financial structures may vary depending on corporate policies, jurisdiction, and individual circumstances. Please consult with a certified financial planner or tax advisor before making any financial decisions.

Frequently Asked Questions

Quick direct-answer guides about using this utility tool locally and securely.

What is an FIRC and why is it important?

A Foreign Inward Remittance Certificate (FIRC) is a document issued by receiving banks as proof that you received a foreign payment in international currency. It is critical for tax compliance and claiming export GST exemptions.

Do freelancers have to pay GST on foreign earnings?

No, foreign earnings from exporting services are treated as "Zero Rated Supply" under GST. You do not pay tax on it, provided you file a Letter of Undertaking (LUT) annually and receive payments in convertible foreign currency with FIRC proof.