10 Best International Payment Gateways in India
In today’s interconnected global marketplace, selecting the right payment gateway is crucial for businesses, agencies, freelancers, and exporters aiming to expand their reach across borders. The ideal payment solution not only guarantees secure and seamless transactions but also supports multiple currencies, enabling professionals and organizations of all sizes to scale and succeed. Whether you’re a […]
BRISKPE vs. Tazapay: The Smarter Way to Receive Global Payments
Expanding internationally is no longer optional for Indian freelancers, agencies, and exporters; it’s survival. The problem is, while finding clients overseas is easier than ever, getting paid is still painful. Traditional banks eat into margins with 3–5% charges, settlement delays stretch for weeks, and compliance paperwork like FIRA is a constant chase. That’s where platforms […]
Top 6 Payment Gateways in India: A Head-to-Head Comparison
For businesses and freelancers in India, receiving payments from international clients can be a complex and costly process. Between hidden fees, unfavorable exchange rates, and lengthy settlement times, a significant portion of your earnings can be lost before it even hits your account. Fortunately, a new wave of fintech platforms has emerged to simplify this […]
TCS on Foreign Remittances: Do Freelancers Really Have to Pay 20%?
For Indian residents, sending money abroad under the Liberalised Remittance Scheme (LRS) is a common practice, but it comes with several costs. Beyond transfer fees and currency conversion markups, you may have heard about Tax Collected at Source (TCS). This often leads to a common question, particularly from freelancers and those with foreign income: “Do […]
Claiming RoDTEP: Step-by-Step Guide to the Remission of Export Duties and Taxes
The Remission of Duties and Taxes on Exported Products (RoDTEP) scheme is one of the most significant changes India has made in its export policy in recent years. Introduced by the Government of India to replace the Merchandise Exports from India Scheme (MEIS), RoDTEP officially came into effect on January 1, 2021. Its goal is […]
Managing Foreign Currency with EEFC Accounts
For anyone in India who earns money in foreign currency exporters, freelancers, consultants—converting every payment straight into rupees can mean losing money to fees and unfavorable exchange rates. The Exchange Earners’ Foreign Currency (EEFC) account was introduced by the Reserve Bank of India (RBI) to solve this problem. It lets you keep your earnings in […]
Leveraging Packing Credit for Pre-Shipment Finance
In international trade, cash tends to leave your hands long before it arrives. You must pay for raw materials, manufacturing, packaging, and shipping months ahead of time when your foreign customer pays the bill. Packing Credit, formally called Pre-Shipment Credit in Foreign Currency (PCFC) was created to fill this gap. What PCFC Actually Does PCFC […]
AD Code Registration: Key to Customs Clearance & Incentives
For Indian exporters entering global markets, success is not determined only by product quality or pricing. A strong understanding of regulatory requirements is just as important. International shipments move smoothly only when all compliance steps are in place. One of the most critical among them is the AD Code. This 14 digit number may appear […]
GST on Exports: Using LUT to Avoid IGST and Speed Up Refunds
Indian exporters are always looking for ways to streamline their operations, but the world of GST on exports can often feel overwhelming. The prospect of paying Integrated Goods and Services Tax (IGST) upfront, only to wait months for a refund, can be a major source of anxiety and a drain on working capital. But what […]
Ensuring RBI EDPMS Compliance: Closing Shipping Bills on Time
Exporting from India isn’t just about finding buyers and shipping goods; it also means playing by the rules of the Reserve Bank of India (RBI). One of those rules revolves around the Export Data Processing and Monitoring System (EDPMS). If you’re bringing foreign currency into the country through exports, you’re expected to close your shipping […]
Availing the Interest Equalisation Scheme for Export Credit: A Guide for Exporters
India’s exporters often operate under tough financial conditions. Volatile global markets, long payment cycles, and, importantly, expensive short-term credit present challenges. Compared to competitors in economies like China, Vietnam, and Bangladesh, Indian exporters pay higher interest rates to finance raw materials, production, and shipping. This weakens their ability to price competitively in international tenders or […]
Understanding UCP 600: The Global Rules Governing Letters of Credit
International trade involves businesses across different countries, often with varying legal systems and business customs. To make sure these transactions happen smoothly and reliably, clear, shared rules are essential. This is where UCP 600 comes in. This set of global rules plays a central role in guiding the use of Letters of Credit, which are […]
