Freelancers paid in foreign currency need to know their real take-home after bank conversion fees. Export of services is typically zero-rated under GST when filed correctly.
How to use the Freelance Exchange & Tax Estimator
- Enter the payment amount in USD and the exchange rate.
- Enter your bank's typical conversion fee percentage.
- Tick the GST box if you're registered and filing export of services.
- See your net INR amount after fees.
Why use FreeToolsNets's Freelance Exchange & Tax Estimator?
- 100% free, with no usage limits and no account required.
- Everything runs locally in your browser — nothing you type is uploaded or stored on a server.
- Works on desktop, tablet and mobile in any modern browser.
- No installation, no plugins, and no ads blocking the tool itself.
Frequently asked questions
Do I pay GST on foreign client income?
No — export of services is zero-rated under GST if you file a Letter of Undertaking (LUT) and receive payment in convertible foreign currency.
What is an FIRC?
A Foreign Inward Remittance Certificate — proof from your bank that you received a foreign payment, needed for GST export compliance.
Is this tool free to use?
Yes, completely free on FreeToolsNets, with no sign-up and no limits.
Is my data sent to a server?
No. Everything runs locally in your browser using JavaScript — nothing you enter is uploaded anywhere.
Does it work on mobile?
Yes, the widget is fully responsive and works on phones, tablets and desktops.