Gold is something that people in India really like to invest in. They buy it as jewellery, coins or bars. Some people even buy gold when they travel to countries because it is cheaper there and they can find exclusive designs. When you bring gold to India, you have to pay customs duty, GST and other taxes. One should know about these …
When you take a floating-rate loan, the benchmark used by your bank can affect how your interest rate changes over time. Two important internal lending benchmarks used by Indian banks are the Base Rate and the Marginal Cost of Funds Based Lending Rate (MCLR). The Reserve Bank of India (RBI) introduced the Base Rate system on 1 July …
Highlight: Find what the MCLR rate is and how it can impact various loans. Know how MCLR impacts your best personal loans if they show changes in interest rates. The MCLR or the Marginal Cost of Funds based Lending Rate system owes its introduction to the RBI or the Reserve Bank of India. Launched in …
Direct tax and indirect tax are the two primary categories of taxes that the Government of India levies. They are the main sources of revenue for the government, which plays a crucial role in funding public services and infrastructure development. You need to pay these taxes on whatever you earn or whenever you purchase a …
Choosing payment gateway vs payment processor options depends on your business size and payment options to the customers. In this digital day and age, you can easily choose from cash, cheque, credit card, debit card or bank transaction options. This allows you to make secure payments with the method you are comfortable with. Since digital …
By getting a personal loan for making a home loan deposit, you can book your dream house even if you have budget restrictions. When you plan on buying property, it is a big commitment that brings in other expenses. In such cases, using your entire savings just to make the initial down payment can be …
The spine surgery cost in India starts from ₹1.4 lakhs, going up to ₹5 lakhs, depending on your diagnosis. This can be for a variety of ailments, including the following: In addition, the cost of surgery, patient care and medicare can add to your financial burden. In some cases, you may require urgent additional funds …
Air Conditioners (ACs) are essential to stay comfortable during hot weather. Whether shopping online or offline, looking at the AC price list is the first step for many buyers. While reviewing the cost of an electronic item is crucial, comparing their features and efficiency is also necessary to get your money’s worth. To choose an …
This guide explains what a credit card IFSC code is, how it differs from your regular bank IFSC code, and how it works when you pay a credit card bill via NEFT. You will also find a verified list of credit card IFSC codes for major Indian banks, the documents you need for the payment, …
Credit card churning is a strategy using which people aim to maximise rewards and bonuses offered by card providers. Issuers always aim to provide maximum benefits to their customers; this includes rewards, cashback, offers, discounts and more. One such benefit is the welcome reward points. Some people redeem their welcome benefits, rewards as well as …
