Mon, Dec 04, 2023
AI fortifies credit card fraud detection by leveraging sophisticated algorithms, real-time monitoring, behavioural analytics, and predictive modelling, providing a dynamic and effective defence against the ever-evolving period of financial fraud
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Thu, Oct 19, 2023
Bank of Baroda credit card offer: State-run Bank of Baroda introduced a limited-period, festival season-focused scheme, FestiveShoppingRewards, for its credit card customers.
Sat, Sep 30, 2023
Most of the credit card issuers approve the new card applications based on the income proof and the credit score of the applicant. An applicant can also avail a credit card as a co-applicant or by submitting details about monthly earnings, in case there is no income proof.
Thu, Jun 29, 2023
No TCS on credit card payment, no change in TCS rate under LRS, new rules from October 1 instead of July 1
The changes in Tax Collected at Source (TCS) rates specifically relate to the Liberalised Remittance Scheme (LRS) and credit card payments. The implementation date has been deferred to October 1 this 2023 allowing individuals and businesses to adapt to the changes.
Tue, Jun 20, 2023
As of April 2023, there were 8.6 crore credit cards in circulation, up by 15 per cent compared to the 7.5 crore in the year-ago period. As per the India Credit Card Report by Bankbazaar, India is expected to cross the 10 crore credit cards mark by the end of 2023.
Tue, Jun 06, 2023
The advantage of availing balance transfer facility is that you can avoid late fee charges and additional interest charges on the existing credit card bill.
Fri, May 26, 2023
While having an increased credit limit may appear attractive, one must carefully consider whether accepting such an offer is in their best financial interests.
Fri, May 19, 2023
Facing backlash from a wide section of people, the Finance Ministry said the move is aimed at removing procedural ambiguity with regard to Liberalised Remittance Scheme (LRS) and the levying of Tax Collected at Source (TCS).
Thu, May 18, 2023
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) will be exempted within the annual limits of USD 250,000, the government clarified on Thursday.
The central government recently amended rules under the Foreign Exchange Management Act to bring international credit card spending under the Liberalised Remittance Scheme (LRS). As a result of the move, the spending by international credit cards will also end up attracting a higher rate of Tax Collected at Source (TCS) at 20%, effective July 1.
Mon, Apr 17, 2023
Credit card spending in March touched a record high of Rs 1.37 lakh crore, according to Zee Business research.
Credit card spending surpassed Rs 1 lakh crore for the 13th month in a row, demonstrating a surge in consumer spending since the easing of the pandemic.
Sun, Apr 16, 2023
In this video we discuss smart ways in which you can maximize the rewards, cashback and perks you receive on your credit card and save the most while shopping.
Mon, Mar 27, 2023
Credit card spending has decreased in India in February. Credit card transactions fell by 7.69%. Is inflation hitting credit card spending? Why the use of credit card decreased? Know from Varun Dubey.
Fri, Mar 24, 2023
HDFC Regalia Gold Credit Card: Cardholders can redeem rewards on global flights, hotel stays, air miles and on a collection of premium brands via the exclusive Regalia Gold catalogue.
Sat, Mar 11, 2023
Paisa Wasool: In this episode, we will discuss the benefits of having a credit card and why getting a credit card could be a smart move for millennials.
Wed, Mar 08, 2023
Credit Cards For Women: On this International Women's Day, we will tell you about the right credit cards available in the market offering the best shopping offers and cashback.
Tue, Feb 28, 2023
Boosted by ecommerce sales and online transactions, credit card spends in India topped over Rs 1 lakh crore for the 11th month in a row, according to data released by the Reserve Bank of India (RBI). Know the full news from Varun Dubey.
The momentum in credit card spends in the country continued, with January seeing spends of Rs 1.28 lakh crore driven largely by online sales and transactions. Among card issuers, the highest spends were recorded in ICICI Bank, Axis Bank and SBI Card.
Wed, Feb 15, 2023
Credit card balance transfer: A credit card balance transfer is simply moving outstanding debt from one credit card to another card. It is mainly done for low-interest rate and to avoid credit card debt on the existing card.
Fri, Feb 10, 2023
Credit card debt: The major problem faced by people is not being able to pay off the credit card bill in full as it keeps on adding up to the previous months, resulting in a large debt.
Wed, Feb 01, 2023
Rules Change From February 1: Apart from the Union Budget 2023, several changes have also been announced which will directly affect the common man's pocket. Here's a list of 6 big changes that have come into effect from February 1.
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