Yes, the amount I see in my "unbilled transactions" is the exact same amount I entered in the challan.
So either HDFC doesn't charge this or they will charge it later at the time of statement generation.
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Which card to use for Advance Tax Payment
- Thread starter 787
- Start date
So either HDFC doesn't charge this or they will charge it later at the time of statement generation.
techt
TF Legend
Interesting . Keep us posted.
It will be reflected in the bill generated. I too had witnessed the same for another HDFC card
Nonetheless do let us know whether it was charged or not
Naga Kiran
TF Buzz
Anyone tired activating UPI for IDFC Wealth CC (https://www.idfcfirstbank.com/credit-card/rupay-credit-card) and making Advance tax payment?
If it works, can avoid CC PG charges?
It's not clear from the points if we get 10X on these payments:
If it works, can avoid CC PG charges?
It's not clear from the points if we get 10X on these payments:
- Insurance and utility bill payments will earn 1X reward points
- The rewards structure for all other transactions on your existing IDFC FIRST Bank Credit Card will remain same
techt
TF Legend
IDFC
For taxes I did receive 10x for 30k above.
Wealth cc gives 6x, 10X for government payments.
For taxes I did receive 10x for 30k above.
Naga Kiran
TF Buzz
With UPI payment linked to IDFC wealth CC?
techt
TF Legend
Nope. IDFC wealth CC visa 💳
Did a quick analysis. Seems like Kotak and HDFC is the way to go.
The transaction amount in my unbilled got updated with the charges. This is a weird arrangement compared to what I saw previously when I paid tax by CC. At that time they changed the transaction amount itself.
Yup, its very weird. It should be an upfront disclosure
mojo_jojo123
TF Ace
which card are experts using for advance tax payment today?
techt
TF Legend
Experts don't wait till last day.
Most rewarding cc for government / tax transactions is IDFC Wealth CC.
Read previous posts.
IDFC Wealth CC or SC Smart CC
Any conclusions on IDFC Wealth DC vs CC for tax payments of about 80k?
DC -> till 50k (4RP/150, 1333RP) + (10RP/100 -> 3000RP) (3333RP, 335+750 = Rs1085)
CC -> 6RP/100 till 30k + 10RP/100 for next 50k (1800+5000=6800 = Rs. 1700)
With CC, add about 1% gateway charges, Rs 800, effective on CC = Rs 900
vs on DC, Rs 1085
Is the calculation correct?
DC -> till 50k (4RP/150, 1333RP) + (10RP/100 -> 3000RP) (3333RP, 335+750 = Rs1085)
CC -> 6RP/100 till 30k + 10RP/100 for next 50k (1800+5000=6800 = Rs. 1700)
With CC, add about 1% gateway charges, Rs 800, effective on CC = Rs 900
vs on DC, Rs 1085
Is the calculation correct?
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Any ideas, Would penalty be incurred if I pay tax today? (Completely missed yesterday)
techt
TF Legend
CC is correct. I am unsure about DC, but mostly correct.
I just updated on DC, we get 10RP, which makes 1.67% return,
I read it on https://www.technofino.in/community...k-launched-its-debit-card-reward-system.7394/ regarding 2.34% but that seems incorrect.
I read it on https://www.technofino.in/community...k-launched-its-debit-card-reward-system.7394/ regarding 2.34% but that seems incorrect.
Meanwhile, I couldn't get anything on "Samsung Infinite CC"
As if that offers 5RP/100, it ERPS would total to 4000RP, which can give value of about Rs 1600.
Does the card have an exclusion for tax payments/govt payments?
As if that offers 5RP/100, it ERPS would total to 4000RP, which can give value of about Rs 1600.
Does the card have an exclusion for tax payments/govt payments?
sidp
TF Ace
shenoyanil98
TF Buzz
Wealth debit card above 50000 it is 10x rewards for every 100 and not every 150 so it is 2.5% returns above 50000
