Which card to use for Advance tax payment?

[Rashi]

Does using Amex Platinum Charge make sense for tax payment?

 

[GGORDON]

Does using Amex Platinum Charge make sense for tax payment?

You can complete the milestone of 4L through tax payment. But do note that you will pay a surcharge of 1.07% and you will not receive base rewards.

 

[drmsiva]

You can complete the milestone of 4L through tax payment. But do note that you will pay a surcharge of 1.07% and you will not receive base rewards.

There's no milestone for Platinum charge though - were you thinking of Platinum Travel CC?

 

[Explorer]

There's no milestone for Platinum charge though - were you thinking of Platinum Reserve CC?

Useful to reach amex platinum travel milestones of 1.9L and 4L.

 

[Rashi]

You can complete the milestone of 4L through tax payment. But do note that you will pay a surcharge of 1.07% and you will not receive base rewards.

I was asking for Amex Platinum Charge Card. A friend has and wanted to know if its useful for tax

 

[GGORDON]

I was asking for Amex Platinum Charge Card. A friend has and wanted to know if its useful for tax

No, no milestone benefits for platinum charge card.

 

[saikatCC]

i used stanC ultimate in sep and got 5 RP per 150 and no surcharge. i was shocked and wasnt sure what to make of it. I did another payment few days back and this time also they gave 5 RP per 150 but with a surcharge of 0.8% + 18% GST .

 

[jk51]

i used stanC ultimate in sep and got 5 RP per 150 and no surcharge. i was shocked and wasnt sure what to make of it. I did another payment few days back and this time also they gave 5 RP per 150 but with a surcharge of 0.8% + 18% GST .

SC is known to charge surcharge on subsequent statement cycles if not charged at the time of transaction.

 

[saikatCC]

SC is known to charge surcharge on subsequent statement cycles if not charged at the time of transaction.

but they didnt do that. They charged the 2nd and 3rd transaction but not the 1st. maybe some system glitch

 

[bainmebain]

SC is known to charge surcharge on subsequent statement cycles if not charged at the time of transaction.

Yes. Be prepared to see a random entry at any point in the future that makes no sense and has no explanation.

 

[govisi]

Is Advance tax payment by CC instant? If I pay today?

 

[drmsiva]

Is Advance tax payment by CC instant? If I pay today?

Yes - you should be able to download the receipt once the payment is done.

 

[aparnahm]

I paid 60k adv tax using IDFC wealth CC. No extra charges, no gst too. Has left me wondering till now.

 

[ENIAC]

I paid 60k adv tax using IDFC wealth CC. No extra charges, no gst too. Has left me wondering till now.

which gateway you used, and does IDFC wealth CC gives rewards on govt txn

 

[tachniki]

I paid 60k adv tax using IDFC wealth CC. No extra charges, no gst too. Has left me wondering till now.

It will appear after two days. 🙂

 

[aparnahm]

I paid 60k adv tax using IDFC wealth CC. No extra charges, no gst too. Has left me wondering till now.

After your comment, checked for points in app. To my surprise, extra amount is added. There are are rps but not sure how much it is.
Is this legal? I mean, payment gateway not showing the extra fees and gst?

 

[aparnahm]

It will appear after two days. 🙂

It appeared already. See above.

 

[tachniki]

After your comment, checked for points in app. To my surprise, extra amount is added. There are are rps but not sure how much it is.
Is this legal? I mean, payment gateway not showing the extra fees and gst?

Transaction charges are mentioned on income tax site. And some payments gateway adds later. Same is also true for education spends.

 

[tachniki]

@aparnahm by the way which gateway did you use? Does idfc shows mcc other than 9311 by any chance?

 

[drmsiva]

which gateway you used, and does IDFC wealth CC gives rewards on govt txn

IDFC wealth CC gives 3 points per Rs 150 for Govt transactions - roughly 0.5%