Tax

Pankajmaurya
Contributor
Contributor
Totally scam app paypal curreny exchange rate not according to world rate 1$ = 76₹ only and my client sent 795₹ and I'm receiving only 694₹ full money grabs by paypal thieves i want to sue on paypal and paypal can be ban in india then don't charge me extra tax only charge 4.40% not 20% otherwise paypal should count last days in india paypal not for business
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1 REPLY 1

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Pankajmaurya 

 

Never compare the exchange rates you see on the net with PayPal’s rate. PayPal have their own rate. Even their exchange calculator is an estimate. The rate quoted at the transaction is the rate. If you do not agree with the fees, you have every right to close your account. PayPal makes part of their money off currency conversions.


Kudos & Solved are greatly appreciated. 🙂
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