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PRE PAYMENT CHARGES
What's in Trump's deal for Tehran? The 14-point US-Iran pact as read by American officialThe U.S. and Iran have signed an interim agreement to halt hostilities and open the Strait of Hormuz, with a 60-day negotiation period to f...
Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
Can bonds replace rental income? The ₹40,000 monthly cash flow mathIndian investors traditionally favor rental income for passive earnings, but rising property prices and modest yields are prompting a shift...
Adani Group will start business in big way in US because allegations have been withdrawn: Senior Advocate HP RaninaThe US Department of Justice has permanently dismissed criminal fraud charges against Gautam and Sagar Adani. This decision, following a pa...
The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
Beer makers say costs are bubbling over as glass supply tightens the pourAs the beer industry experiences a surge in demand, producers are encountering significant challenges, primarily due to rising production c...
Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...
Want higher health insurance coverage through super top-up policy? HDFC Ergo, Aditya Birla, ICICI Lombard, Niva Bupa, Care plans comparedRising healthcare costs necessitate enhanced coverage beyond base policies. Super top-up plans offer this crucial protection, acting as an ...
No two-factor authentication needed for payment up to Rs 15,000 through e-mandate; higher recurring limit for these transactionsThe Reserve Bank of India introduces a new e-mandate framework for digital payments effective 2026. As per new rules, all recurring transac...
No boarding pass required: Abu Dhabi airport allows entry for non travellers to shop, dineZayed International Airport is offering a unique eight-week opportunity for UAE citizens and residents to explore its terminal without a bo...
RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...
Noida protest: Cars set on fire, stones pelted during salary hike unrest; Watch videoNoida protest: Protests by factory workers in Noida demanding higher wages turned violent on Monday, with reports of vehicles being set on ...
RBI directs banks, other lenders not to levy pre-payment charges on biz loans to individuals, MSEsThe Reserve Bank of India has issued new directives. Banks cannot charge pre-payment fees on floating-rate loans. This applies to individua...
No foreclosure, pre-payment charges on loans to MSEs"While positive for customers, the RBI's move will have a negative impact on the profitability of lenders, and could also potentially incre...
National Housing Bank scraps pre-payment charge on dual rate loansIn case of a dual rate loan, housing finance companies will now charge a penalty only if the loan is refinanced from another financial inst...
- Bank of India scraps pre-payment fee on fixed & floating home loans
Public sector lender Bank of India today abolished pre-payment charges on both fixed and floating rate home loans with immediate effective.
- IBA likely to submit comments on pre-payment by September-end: RBI
RBI said IBA is expected to submit comments by the end of this month on the proposal to do away with pre-payment charges on home loans.
- Can banks charge pre-payment fee on loans?
The Supreme Court will give its ruling on whether or not banks can charge a pre-payment fee from customers who repay loans ahead of the ten...