Invisible Trade

Tax Glossary Definition

Invisible Trade

Invisible Trade – Invisible trade refers to the exchange of services, income, or transfers between countries that does not involve the physical movement of goods. Unlike visible trade (which deals with tangible products), invisible trade includes financial services, tourism, banking, insurance, royalties, remittances, and consultancy services. It plays a crucial role in a country’s balance of payments and can significantly impact foreign exchange earnings. Example: An Indian IT company providing software development services to a client in the USA earns revenue, which constitutes invisible trade

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App