Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent
A new report indicates that UPI has become the dominant payment method for lenders, accounting for over 90% of transactions. The report also highlights trends in investment amounts, diversification strategies, and geographic participation in peer-to-peer lending.
Gujarat Titans' batting coach Matthew Hayden criticised the team's performance after their 99-run defeat to Mumbai Indians in the IPL, citing a poor batting display and ineffective death bowling as key factors in the loss.
Exporters can make payment of fees through debit/credit cards.
'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'
Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.
The quality of the series of JioHotstar's new microcontent platform, Tadka, is deplorable. When so much superior content is being created with the help of AI, Tadka shows are taking the content back to the tacky early days of television, both in the plots and subpar production values, observes Deepa Gahlot.
Using credit or debit cards abroad can prove costly.
India's household debt climbed to 41.3 per cent of gross domestic product (GDP) at the end of March 2025, marking a sustained rise from its five-year average of 38.3 per cent, with consumption-related loans accounting for bulk of the borrowings, the Reserve Bank of India (RBI) said in its Financial Stability Report.
Do not shop around for loans immediately after getting a secured credit card. Such loan enquiries can also pull down credit score, as they are treated as a sign of credit-hungry behaviour.
Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali
Banks are witnessing a surge in hiring for sales staff in secured segments such as home, vehicle and gold loans as compared to the recovery category, driven by a boost in business growth, and a host of regulatory measures aimed at improving ease of doing business, according to industry experts.
Banks asked not to convert purchases into instalments; Cards not to be accepted for sale of gold coins.
In one of its recent announcements, the Reserve Bank of India announced that come August all online credit and debit transactions will need to go through one more step before they can be completed successfully.
The publicly exposed data includes 48 million accounts on Gmail, 4 million on Yahoo, 17 million on Facebook, 6.5 million on Instagram, 3.4 million on Netflix, 1.5 million on Outlook, etc.
Kanpur police have uncovered a GST fraud racket where suspects used unsuspecting individuals' documents to create fake firms and route transactions worth nearly Rs 250 crore.
OTP scams accounted for over one-fourth of all cyber frauds.
This would imply a 29 per cent year-on-year rise, significantly lower than growth rates seen in recent years.
The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.
'There is a challenge in repositioning yourself, maybe reinventing yourself.'
Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.
Diksha Dagar achieved her first top-5 finish of the season at the Australian Women's Classic, while Kelsey Bennett secured her maiden Ladies European Tour title.
In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.
Premanand first lodged a complaint with the National Cybercrime Reporting Portal (NCRP) and later approached the local police, who registered the FIR under Sections 318(4) (cheating) and 319 (cheating by personation) of the Bharatiya Nyaya Sanhita, and Section 66D (cheating by personation using computer resources) of the Information Technology Act.
Contactless denit and credit cards increases the ease and convenience of transactions.
The cost of acquiring new cardholders is quite low for domestic card issuers by international standards, but net credit losses are comparatively high, a study commissioned by the Indian Cards Council (ICC) revealed.
Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.
The government has been taking steps to promote cashless or digital transactions to take India towards a less-cash economy
Your social media profile may soon be your ticket to a loan or a credit card, says Abhishek Agarwal
Recent RBI data indicates net addition of credit cards is running strong at 18 per cent year-on-year (Y-o-Y), but growth in credit card limits is ahead of loans outstanding. Growth in lower limit cards is decelerating fastest. The West and South have more usage and online transactions are more popular than offline, with metros leading growth.
Aman Raj, after battling injuries, takes a commanding lead at the IGPL season-opener in Chandigarh, with Gaganjeet Bhullar trailing behind.
In its June 2025 review, the International Monetary Fund spotlighted India's Unified Payments Interface as the world's most dominant retail instant-payment network, moving more transactions than any other system on the globe.
Regular money talks, setting up joint goals, and regular reviews can help couples stay aligned.
Regular money talks, setting up joint goals, and regular reviews can help couples stay aligned.
With biometrics, payments may get easier and more secure.
'Building a credit history is a gradual process that requires at least 6-12 months of consistent credit activity.'
Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.
