What sort of deductions will be made in the payments?

What sort of deductions will be made in the payments?

For every payment collected from the client, Morff deducts the service fee and applicable taxes before the disbursement to the freelancer. The deductions are as follows: -

  • Morff deducts a 15 - 20% service fee of the total project value depending on the type of the engagement. Please click here to know more.

  • Clients deduct 10% TDS, if the project value is greater than 30,000 INR

  • If you are engaged with the same client for multiple projects in the same FY and total value of the projects till date is exceeding 30,000 INR, 10% TDS for the

    cumulative amount would be deducted by the client.

  • Morff will deduct 1%  TCS if the freelancers have GST Registration. This is a norm for all the marketplace platforms.