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Any idea on IDFC cards (Select card in specific)need to check if govt ransactions are excluded
Not necessarily , as it is higly possible that he is self employed and a major chunk of this is payment of TDS/TCS hence just felt the urge to aska
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%
not sureAny idea on IDFC cards (Select card in specific)
yes this is possibleNo necessarily , as it is higly possible that he is self employed and a major chunk of this is payment of TDS/TCS hence just felt the urge to ask
So no payment gateway charge for KIWI plus you get 1% cashback?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 😉
There's upper limit to cashback for kiwi, ain't it ?So no payment gateway charge for KIWI plus you get 1% cashback?
2 days back, I used IDFC wealth and get 2.5% worth reward points (Tax Payment 4 lakhs) .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?
Yes you will get the 10X too.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
Did you make payment using IDFC Wealth or HDFC platinum debit?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/-)
Tax Transaction through IDFC wealth and credit card payment through HDFC platinum debit cardDid you make payment using IDFC Wealth or HDFC platinum debit?
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 cardTax Transaction through IDFC wealth and credit card payment through HDFC platinum debit card
Yes, that's exactly what I gained.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