Is this allowed? If yes, can we continue paying credit card bills using BHIM UPI linked Rupay credit card until we reach the credit limit? Apologies, if this is a very basic question, but I could not find a thread related to this.
Is this allowed? If yes, can we continue paying credit card bills using BHIM UPI linked Rupay credit card until we reach the credit limit? Apologies, if this is a very basic question, but I could not find a thread related to this.
But won't that create problems with the Income Tax Authorities. For example if I have 3 lakh bill ..i can keep on paying it every month using this method. So effectively my credit card spends for the year would become 3x12 i.e. 36 lakhs
But won't that create problems with the Income Tax Authorities. For example if I have 3 lakh bill ..i can keep on paying it every month using this method. So effectively my credit card spends for the year would become 3x12 i.e. 36 lakhs
Otherwise, spends need to be below 10 lakhs on all cards of a single institution. Eg: if u have 3 axis cards then all spends on these card should be below 10 lakh.
Soon c2c bill payment via upi will be banned or will be levied charges. Enjoy until then.
Otherwise, spends need to be below 10 lakhs on all cards of a single institution. Eg: if u have 3 axis cards then all spends on these card should be below 10 lakh.
Soon c2c bill payment via upi will be banned or will be levied charges. Enjoy until then.
What about the scenario mentioned here?
Where the actual spends are just 3 lakhs, but due to repeated c2c payments using upi, the annual spends become 36 lakh.
What about the scenario mentioned here?
Where the actual spends are just 3 lakhs, but due to repeated c2c payments using upi, the annual spends become 36 lakh.