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Finance

Finance

RBI dividends to Centre may double due to gains, aiding fiscal gap

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By Anup Roy and Tomoko Sato The Reserve Bank of India board may decide to nearly double its dividend to the government from official...
Finance

Paytm partners with SBI Card and NPCI to launch Paytm SBI Card on RuPay

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Top card cos to go live with UPI-linked RuPay credit card feature by JuneHDFC Bank goes live on 'Rupay Credit on UPI' feature...
Finance

Well-equipped to deal with ECL framework: SBI Chairman Dinesh Khara

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State Bank of India (SBI) is well equipped to comply with the expected credit loss (ECL) framework, without impacting its balance sheet, Chairman...
Finance

Changes in FEMA rules to bring parity in treatment of overseas spending

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The finance ministry on Thursday said the changes in FEMA rules, which brings overseas international credit card spending under RBI's liberalised remittance scheme...
Finance

Paytm partners with SBI Card, NPCI to launch co-branded RuPay credit cards

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Payments and financial services company Paytm on Thursday announced that it has partnered with SBI Card to launch Paytm SBI Card on the...
Finance

Travelling abroad? Limit personal expenses to $250K on intnl credit cards

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What is credit score? Why is it important?Your credit card payments overseas will attract a 20% TCS from July 1HDFC Bank revises credit...
Finance

Your credit card payments overseas will attract a 20% TCS from July 1

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From July 1, your credit card transactions abroad will get costlier. Not only will you have to pay a higher tax collected at...
Finance

Credit card expenditure in forex to come under RBI’s remittance scheme

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Spending in foreign exchange through international credit cards will be covered under the RBI's liberalised remittance scheme (LRS), under which a resident can...
Finance

DPIIT takes up startup taxation issue with finance ministry: Secretary

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The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of startups with the finance ministry, a...
Finance

Irdai forms task force to facilitate ease of doing KYC using Aadhaar

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Regulator Irdai has constituted a task force to facilitate ease of doing Know Your Customer (KYC) by insurers using Aadhaar, the 12-digit individual...
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