I want transfer money using credit card to any Bank account. For which credit card I should choose that is the best for credit card to bank transfer.
Goods and Services Tax was introduced in India on 1st July 2017. It merged different taxes including import duties and VAT into one single slab for transparent and efficient management of the taxation structure. However, despite various benefits, there are some disadvantages of GST that creates loopRead more
Goods and Services Tax was introduced in India on 1st July 2017. It merged different taxes including import duties and VAT into one single slab for transparent and efficient management of the taxation structure. However, despite various benefits, there are some disadvantages of GST that creates loopholes.
1- Multiple GST rate opens a window of misuse. Currently, the different slabs are 0%, 5%, 12%, 18%, 28% and 28% plus. Vendors can manipulate input credit to minimise the levied tax.
2- Registered brand names attract higher GST. One can evade that by creating not registered but equally popular products.
3- Separating products that would otherwise come as one decreases the amount of tax payable. For example, dividing a Rs. 110 product into two items of Rs. 100 and Rs. 10 can increase profit almost Rs. 10.
4- One of the significant GST benefits is its automated process. However, if a brand opts not to trademark their business to claim tax exemptions, they can avoid automated tax calculations.
There are many advantages and disadvantages of GST for MSMEs in Indian Budget 2019. For any individual, it is vital to understand this new taxation setup and function accordingly.
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There are several credit card issuers that offer the balance transfer facility in India. Therefore, it becomes quite difficult to state which is the best balance transfer credit card. However, you have to keep a few things in mind when looking for a low-interest credit card to transfer the balance.Read more
There are several credit card issuers that offer the balance transfer facility in India. Therefore, it becomes quite difficult to state which is the best balance transfer credit card.
However, you have to keep a few things in mind when looking for a low-interest credit card to transfer the balance.
Choose a balance transfer credit card with the following features –
Besides these features, you can also benefit from complimentary airport lounge access and exclusive discounts on the purchase from select brands with balance transfer credit cards.
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