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Banks to get GST Payouts on PSLCs

The Government of India has brought out Priority Sector Lending Certificates under the reverse charge mechanism for Goods and Services Tax.    The decision has been taken by the Finance Ministry and a notification issued to that effect stating that any registered person will now come under the purview of reverse charge. Through this, banks getting

Banks to get GST Payouts on PSLCs

The Government of India has brought out Priority Sector Lending Certificates under the reverse charge mechanism for Goods and Services Tax.    The decision has been taken by the Finance Ministry and a notification issued to that effect stating that any registered person will now come under the purview of reverse charge. Through this, banks getting

How to manage Credit Card Payments?

How should you manage to pay your credit card dues as fast as possible without getting entangled to high interest payment? Here are the few points suggested by the Financial Experts in achieving the best result while making such payments. Step 1: A powerful tool used to stop paying high interest in card payments: Take

How to manage Credit Card Payments?

How should you manage to pay your credit card dues as fast as possible without getting entangled to high interest payment? Here are the few points suggested by the Financial Experts in achieving the best result while making such payments. Step 1: A powerful tool used to stop paying high interest in card payments: Take

Bond Exchange Traded Funds

Government of India has decided to appoint advisors for creation of Bond Exchange Traded funds market.   This will be similar to the Stock Exchange Traded Funds market.  This would pave way for enhancement in liquidity under debt investments and expand scope for retail savings.   Further details related to this are: An RFP (Request for Proposal)

Bond Exchange Traded Funds

Government of India has decided to appoint advisors for creation of Bond Exchange Traded funds market.   This will be similar to the Stock Exchange Traded Funds market.  This would pave way for enhancement in liquidity under debt investments and expand scope for retail savings.   Further details related to this are: An RFP (Request for Proposal)

INTEREST BURDEN ON HIGHER COST LOANS

The increased per capita income in our country has paved way for a better financial flow in a middle class family, which in turn has led to a comfortable living style.  Loans are available from various sections of society, which has otherwise paved way for achieving better financial goals, even with limited means, through loans

INTEREST BURDEN ON HIGHER COST LOANS

The increased per capita income in our country has paved way for a better financial flow in a middle class family, which in turn has led to a comfortable living style.  Loans are available from various sections of society, which has otherwise paved way for achieving better financial goals, even with limited means, through loans

GST ON BANKS’ FREE SERVICES

The Directorate General of Goods and Services Tax Intelligence had issued notices atleast to 20 Private, Multinational and Public Sector Banks, to offer explanation as to why Service Tax, Penalty and interest should not be collected from them for the free services like Cash Withdrawal, Four Cheque books in an year, Issue of Free Statement

GST ON BANKS’ FREE SERVICES

The Directorate General of Goods and Services Tax Intelligence had issued notices atleast to 20 Private, Multinational and Public Sector Banks, to offer explanation as to why Service Tax, Penalty and interest should not be collected from them for the free services like Cash Withdrawal, Four Cheque books in an year, Issue of Free Statement