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Fiver Payment System


yashbabariya01

Question

I completed my client's order of 200$ and he's pay also 200 euros. but I got only 150$ so how is this possible, anyone can tell me what's the reason for that.
so fiver charges 10%, so my order is 200$ - 20$ = 180$
So I must get the 180$ yes?

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7 minutes ago, yashbabariya01 said:

Thanks, @michmikaia for reply.

If the Fiver fee is 20% then I get the 160$ right?
200$ - 40$ = 160$

If you have not submitted your PAN card details - Fiverr must be deducting 5% TDS. That's why you have received $150. 

Once you submit your PAN card, TDS will become 1% of gross order amount. 

Edited by priyank_mod
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34 minutes ago, yashbabariya01 said:

Thanks @priyank_mod for giving the brief details regarding Fiver fees and TDS.

If I have not submitted PAN details then Fiver deducting 5% TDS then 160$ - 8$ = 152$. So I get this 152$ amount right?

TDS is calculated on the GROSS ORDER AMOUNT, not on your earnings. 

You can read here: https://help.fiverr.com/hc/en-us/articles/360015233918-India-Sellers-Tax

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5 minutes ago, michmikaia said:

Luckily, you are here to clarify that. When you talked about PAN, TDS, ... I am thinking if I miss something. Because the only thing I know is the 20%.🥴

I belong to one of the most highly-taxed parts of the world. 

So much so that even our seller plus membership costs 18% extra over the official cost. (i.e. 18% tax on top of Fiverr's monthly subscription fee)😭

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