Forms 15G and 15H are declaration forms that can help you prevent TDS on your fixed deposit interest income. Notably, PAN is mandatory to avail the tax benefits through these forms. Form 15G is for individuals below 60 years and Hindu Undivided Families (HUF), whereas Form 15H is for individuals aged 60 years and above….
If you have been using a credit card or even doing your research for getting a card, you must have come across the term ‘Revolving Credit’. Credit card is a type of revolving credit account, as opposed to instalment credit accounts like personal loans and car loans.
Independence Day is around the corner and with it has come a long weekend. The Freedom Sale has started on most of the e-commerce websites and a number of retail outlets across the country. It is time to make high-value purchases and go on a long-awaited vacation. In case you have not made plans already…
HDFC Regalia Credit Card is one of the most popular credit cards by HDFC Bank. It is counted in the premium cards category as well as in the travel category. HDFC Bank promotes it as a card made to suit the luxury needs of the customers.
Credit cards are one of the best financial instruments for those who know to use it well. With credit cards, one is not required to carry a huge amount of cash every time the person goes shopping. There are a number of benefits of credit cards but if you do not use it judiciously, you…
A credit card comes with an annual fee which the cardholder has to pay to the bank every year for availing the credit card services. There are many cards that come with zero annual fees or are lifetime free credit cards. However, they do not come with additional benefits and offers which cards with some annual fee might provide.
A credit card issuer is the bank or NBFC that issues you the credit card. HDFC Bank, ICICI Bank, SBI Card are a few examples of credit card issuers in India. On the other hand, credit card networks act as the bridge between the card issuers and the merchants. While credit card issuers back the cards financially, the networks act as the technical backbone of the cards and payment system.
Credit cards can be perplexing for the first time users as they are a lot more than just a piece of plastic and it is imperative to have a basic understanding of credit cards in order to use them effectively. Credit cards usually differ in terms of rewards, benefits and privileges they offer but the basic features mostly remain the same for all credit cards.
Whenever you make a purchase, withdraw money or even when you dine out, the seller will give you an acknowledgment of the payment in the form of a receipt. Though it may be annoying to look for the important stuff in a purse or wallet full of scrap paper, saving your receipts is, in fact,…
