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Credit card & Debit card payment rules changed by finance ministry
According to the Finance Ministry, the goal of altering the FEMA law to include international credit card charges under the LRS programme is to bring tax features of payments...
There is big news, if you also pay with a credit card, RBI has made a new rule!
The Reserve Bank's Liberalised Remittance Scheme (LRS) now covers expenses incurred in foreign currency through payments made with international credit card. The Finance Ministry announced on Tuesday that expenses...
Due to the Finance Minister’s decision, these people will receive 35,000 crores from the bank
The Financial Stability and Development Council (FSDC) will start a special campaign to help customers get their unclaimed bank funds back. The FSDC, which is led by Finance Minister...
Now this much is due in light of recent significant credit card information
In January 2023, credit card outstanding reached an all-time high of Rs 1.87 lakh crore, up 29.6%, thanks to rising consumer confidence and quickening digitalization in the wake of...
Pay credit card bills before this period otherwise, there’ll heavy losses
Today, the majority of people are using credit cards. Making payments anywhere with credit cards is easy. Credit card holders can pay immediately towards the credit limit, then pay off the...