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Album Budget Template

A free, ready-to-use template for independent Indian artists. Read it here, or make your own copy to fill in.

A comprehensive budget template for recording, mixing, mastering, and releasing an album or EP in India. All figures in Indian Rupees (INR).

Project Overview

Section 1: Pre-production

Section 2: Recording

Section 3: Mixing

Mixing Rate Benchmarks

Section 4: Mastering

Mastering Benchmarks

Section 5: Artwork & Visual Production

Section 6: Distribution & Registration

Section 7: Marketing & Promotion

SECTION 8: PHYSICAL PRODUCT (if applicable)

Section 9: Miscellaneous

Budget Summary

Tax Notes

GST: Services received from Indian studios, engineers, producers, and designers attract 18% GST on the invoice amount if the vendor is GST-registered. Budget for this on top of quoted fees. TDS: If you pay an individual session musician, engineer, or producer more than INR 30,000 per engagement, TDS at 1% must be deducted (individuals) under Section 194C. Exports (international services like mixing/mastering): No GST applies on services received from outside India (import of services), but you may need to declare under Reverse Charge Mechanism (RCM) depending on your GST registration status. Consult your CA.

Free to use · Part of the Indie Music India toolkit · Updated September 2026

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