is there limit on the tax amount that can be paid using credit card. I tried to pay 45k tax using ICICI credit card Ap . And it got cancelled and withheld . The customer care person told there is 20k limit for transaction on itd. Is it same for all credit card?
ssume 70 lakhs as 30% being in the highest tax slab and take the total income 10-20% above it as education cess and other charges would make his tax rate effectively 40%
I used Kiwi to get 2% Cashback (only if waitlisted user, otherwise 1%) for Income Tax Payments.
Tried with SBI Gateway but didn't get any rewards, then tried Kotak Gateway and scanned the QR that they provided, Got 2% cashback and no additional fees
Folks as I understand that hdfc cards don't give any rewards for advance tax payment but I have following other cards, can you suggest if anyone if then gives rewards /cashback for paying advance tax?
Axis ace
Axis airtel
Icici amazon pay
Icici coral rupay
Icici platinum
HDFC dcb
Citi Indian oil
HDFC Tata neu
IDFC wealth
Does any of the above card will give rewards for advance tax payment kindly help?
Folks as I understand that hdfc cards don't give any rewards for advance tax payment but I have following other cards, can you suggest if anyone if then gives rewards /cashback for paying advance tax?
Axis ace
Axis airtel
Icici amazon pay
Icici coral rupay
Icici platinum
HDFC dcb
Citi Indian oil
HDFC Tata neu
IDFC wealth
Does any of the above card will give rewards for advance tax payment kindly help?
2 days back, I used IDFC wealth and get 2.5% worth reward points (Tax Payment 4 lakhs) .
In addition HDFC gateway charge 0.95% and payment through HDFC platinum Debit card gives 1% cashback
Net gain 2.5% (10,000/-)
2 days back, I used IDFC wealth and get 1.5% worth reward points (Tax Payment 4 lakhs). Not sure whether I will get 1% (10x) more rewards or not.
In addition HDFC gateway charge 0.95% and payment through HDFC platinum Debit card gives 1% cashback
Net gain 1.5% as of now, and may be 2.5% if 10X is applicable
2 days back, I used IDFC wealth and get 1.5% worth reward points (Tax Payment 4 lakhs) .
In addition HDFC gateway charge 0.95% and payment through HDFC platinum Debit card gives 1% cashback
Net gain 1.5% (6,000/-)
Please update if you got the balance 4x points once your statement comes. If you get it, then it means 2.5% reward points (for the tax paid over 30k) - 0.95% transaction change. So net 1.5% profit. Plus whatever you can earn by paying the credit card bill with debit card
Please update if you got the balance 4x points once your statement comes. If you get it, then it means 2.5% reward points (for the tax paid over 30k) - 0.95% transaction change. So net 1.5% profit. Plus whatever you can earn by paying the credit card bill with debit card