Legal Terms
Terms of Service
How you use Paisaverse, and how we operate the Service. By accessing or using the Service, you agree to these Terms. If you do not agree, do not use the Service.
Last Updated: April 2026 · Paisaverse Private Ltd.
Section 1
Agreement & service.
Acceptance of Terms
By creating an account or using Paisaverse, you confirm that you are at least 18 years old and that you can form a binding contract.
If you use Paisaverse on behalf of an organization, you represent that you have authority to bind that organization to these Terms.
We may update these Terms from time to time. If changes are material, we will provide notice via email and/or in-app notification. Your continued use of the Service after changes become effective means you accept the updated Terms.
The Service (beta)
Paisaverse is a portfolio intelligence platform for Non-Resident Indians (NRIs) and other users who hold Indian equities and ETFs. The Service processes trade history uploaded by users and displays portfolio valuations in multiple currencies, capital gains computations, DTAA (Double Tax Avoidance Agreement) treaty position indicators, TDS (Tax Deducted at Source) refund eligibility estimates, and home country tax rate references. All outputs are informational and for reference purposes only.
Paisaverse is currently in beta. This means:
- features may evolve, improve, or change over time,
- certain features may be added, modified, paused, or removed,
- computations — including cost bases, FX conversions, treaty rates, and tax estimates — may contain errors or may not reflect your exact situation, and
- the Service may occasionally experience interruptions.
We will make reasonable efforts to keep the Service available and improve reliability and accuracy over time.
Section 2
Not advice & how outputs work.
Not financial advice
Paisaverse is not a financial advisor, broker, or fiduciary. The Service does not provide personalized financial, investment, tax, or legal advice, and nothing on the Service should be interpreted as a recommendation to buy, sell, or hold any asset or to take any specific financial action.
The Service may display or generate summaries, insights, conversions, classifications, and scenario outputs based on information you provide and/or third-party or public sources. These are informational and are not guarantees of outcomes.
You are responsible for your decisions. We recommend consulting qualified professionals in relevant jurisdictions where appropriate.
Tax-related outputs
The Service displays tax-related information including but not limited to: DTAA treaty rates, capital gains classifications (STCG/LTCG), TDS amounts and refund eligibility, and home country tax rate estimates. These outputs are based on our interpretation of publicly available treaty texts, domestic tax legislation, and the data you provide.
You acknowledge that:
- Tax-related outputs may contain errors, may not reflect recent changes in law, and may not account for your individual circumstances.
- DTAA treaty information is based on our interpretation of publicly available treaty texts and may not reflect amendments, protocols, or notifications that modify treaty provisions.
- Treaty application depends on individual circumstances including residence status, beneficial ownership, and applicable domestic law. The Service does not determine your tax residence or treaty eligibility.
- Home country tax rates displayed are general reference rates and may not account for progressive brackets, exemptions, deductions, or individual circumstances applicable to you.
- The Service does not compute foreign tax credit amounts. Where foreign tax credit applicability is indicated, it is based on treaty provisions and should be verified with a qualified tax professional.
Tax-related outputs are not tax advice. Always consult a qualified tax professional in the relevant jurisdiction before acting on any information provided by the Service.
Currency conversion & exchange rates
The Service uses exchange rates from two sources depending on context:
For portfolio display and general currency conversion: rates from third-party FX rate providers. These are for informational and reference purposes only.
For tax-related computations — including cost basis in foreign currency, capital gains, and tax liability estimates — we use daily spot rates published by central banks of the countries for which tax calculations are supported. The rate applied is the spot rate for the date of each transaction. We do not use monthly average or annual average rates for tax computations.
You acknowledge that:
- Exchange rates used by the Service may differ from rates applied or accepted by tax authorities, banks, or brokers in any jurisdiction.
- Central bank rates used for tax computations are sourced from publicly available publications and may be subject to revision or correction by the issuing institution.
- Currency conversions displayed in the Service are for informational purposes only and should be verified against rates accepted by the relevant tax authority.
Paisaverse is not responsible for discrepancies between displayed rates and rates used in actual transactions, tax filings, or official assessments.
Section 3
Your account & data.
Accounts, security & your responsibilities
You are responsible for safeguarding your account credentials and for all activity that occurs under your account. You agree to notify us promptly if you suspect unauthorized access.
You agree to provide accurate, current, and complete information and to keep your account information updated.
You agree not to:
- use the Service for unlawful, harmful, or fraudulent purposes,
- attempt to access systems or data you are not authorized to access,
- interfere with or disrupt the Service,
- scrape, crawl, or bulk extract data from the Service (except as permitted by law), or
- reverse engineer, decompile, or attempt to extract source code, except where prohibited by law.
Your data
The Service processes trade history and other financial data that you upload or enter. This data is stored in encrypted form on our servers and is associated with your account.
You retain ownership of the data you upload. By uploading data, you grant Paisaverse a limited license to process, store, and display that data solely for the purpose of providing the Service to you.
Upon account deletion, uploaded data — including trade history, portfolio records, and remittance entries — will be permanently removed from our servers within 30 days, except where retention is required by applicable law or for legitimate security purposes. Details are described in our Privacy Policy.
We do not sell, share, or provide your uploaded data to third parties, except as required by law.
Intellectual property
The Service and all related content, software, designs, logos, and trademarks are owned by Paisaverse or its licensors and are protected by applicable intellectual property laws.
Subject to these Terms, Paisaverse grants you a limited, non-exclusive, non-transferable, revocable license to use the Service for your personal, non-commercial use.
You may not copy, modify, distribute, sell, lease, or create derivative works from any part of the Service, nor attempt to reverse engineer or extract source code, except where prohibited by law.
Section 4
Disclaimers & liability.
Third-party services
Certain features may rely on third-party services or data sources, including but not limited to exchange rate providers, central bank data publications, and brokerage data formats. We are not responsible for third-party services and do not guarantee their availability, accuracy, or reliability.
Your use of third-party services may be subject to their own terms and policies.
Disclaimers
The Service is provided "as is" and "as available" without warranties of any kind, express or implied.
We do not warrant that:
- the Service will be uninterrupted or error-free,
- any dashboards, summaries, insights, conversions, classifications, or scenario outputs will be accurate, complete, or current at all times,
- any third-party or public data sources will reflect real-time values or the exact values applied by external providers,
- tax-related outputs — including DTAA treaty positions, TDS refund amounts, capital gains computations, and home country tax estimates — will be free of errors or reflect the interpretation applied by any tax authority, or
- exchange rates used for tax computations will match the rates accepted or applied by tax authorities in any jurisdiction.
Limitation of liability
To the maximum extent permitted by law, Paisaverse and its directors, employees, and affiliates will not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits, revenues, or data arising out of or related to your use of the Service.
Without limiting the foregoing, Paisaverse will not be liable for any losses, penalties, or tax liabilities arising from reliance on tax-related outputs, DTAA treaty information, TDS refund estimates, or exchange rates displayed by the Service.
Liability cap. To the maximum extent permitted by law, our total liability for any claim relating to the Service will not exceed the amount you paid to Paisaverse for the Service in the 12 months prior to the event giving rise to the claim (or ₹1,000, if you have not paid anything), whichever is greater.
Some jurisdictions do not allow certain limitations, so some of the above may not apply to you.
Section 5
Termination, governance & contact.
Termination
You may stop using the Service at any time. Where available, you may request deletion of your account through your account settings or by contacting us.
We may suspend or terminate access to the Service if we reasonably believe you violated these Terms or if your use creates risk or harm to Paisaverse, other users, or the public.
Upon account deletion, your uploaded data will be handled as described in the "Your data" section above and our Privacy Policy.
Governing law & dispute resolution
These Terms are governed by the laws of India, without regard to conflict of law principles.
Before initiating formal proceedings, you agree to first contact us at legal@paisaverse.com to attempt to resolve the dispute informally. We will make good-faith efforts to resolve the matter within 30 days.
If informal resolution is unsuccessful, courts located in India will have exclusive jurisdiction over disputes arising out of or relating to these Terms or the Service.
This does not affect any mandatory consumer protection rights you may have under the laws of your country of residence, including (where applicable) the right to bring proceedings in your local courts.
If any provision of these Terms is held unenforceable, the remaining provisions will remain in effect.
Indemnification
You agree to indemnify, defend, and hold harmless Paisaverse and its officers, directors, employees, and affiliates from any claims, liabilities, damages, losses, or expenses (including reasonable legal fees) arising out of or related to your violation of these Terms, your misuse of the Service, or your violation of any applicable law or third-party rights.
During beta, our enforcement of this clause will be proportionate. This provision is intended to protect against clear misuse — not to discourage good-faith use of or feedback about the Service.
Contact
Questions about these Terms: legal@paisaverse.com
Paisaverse Private Ltd. · India
These Terms are provided during our beta phase and will be updated as Paisaverse evolves.