USD to INR Remittance Calculator — Exact Amount After All Fees
See exactly how much INR you receive after all fees — platform charges, bank forex markup, and GST. Compare all major payment methods.
🔒 Your data never leaves this device
Advertisement
💱 Enter Payment Details
Get the real exchange rate with Wise — zero markup
Wise uses the mid-market rate with a small transparent fee. Often saves ₹2,000–5,000 on a $1,000 transfer vs PayPal
Try Wise Free →
Affiliate link
Advertisement — 300×250
📄 FIRA (Foreign Inward Remittance Advice): Required for your ITR when you receive foreign payments. Available with Wise, Stripe, and SWIFT bank transfers. Not available with PayPal. Request FIRA from your bank for bank wire transfers.
Frequently Asked Questions
PayPal charges a receiving fee (4.49%) and an additional currency conversion fee (typically 3–4% above the mid-market rate). Combined, PayPal can cost 7–9% of your payment — far more than Wise (0.7–1.2%) or direct SWIFT transfer.
FIRA (Foreign Inward Remittance Advice) is a certificate from your bank confirming you received foreign payment. It's needed when filing your income tax return to prove that your income is from foreign sources, and also helps with GST compliance for export of services.
Yes. GST at 18% applies on the bank's forex service fee/markup. However, if you are GST registered, you can claim this as input tax credit (as it's a business expense). Foreign service provider fees (like Stripe, PayPal) fall under Reverse Charge Mechanism (RCM).
Advertisement