The GST council recently had set the new rates for the game changer tax regime. On November 3, the council announced that the rates will be set at four levels. The rates would range from 5% to 28%, while 12% and 18% will be the standard rate for most of the goods and services.
With the number of both the borrowers and lenders increasing significantly, there are various loans available. Since each and every lender is aiming to please by offering the “best” loan with the “lowest interest rate”, borrowers do tend to get swayed by these offers and deals; and end up taking a loan without giving
GST has been brewing up a storm since the time it was proposed. It is all set to change the indirect tax system and in turn, will boost the direct tax collection. When it comes to tax transparency and efficiency when compared with the current tax system. GST aims to eliminate black money and
As the GST rates get finalized there is a good news for the Aam Aadmi. India finalized a four-tier Goods and Service Tax (GST) structure – ranging from 5% to 28% – taking a significant step towards implementing the biggest tax reform of indirect taxes, which the government hopes will shield the common man
In what could be one the biggest moments in the lending industry, four major players (SBI, ICICI, HDFC and Kotak Mahindra) have reduced their home loan rates. This is sparked what could be a home loan war among all the lenders. On Thursday ICICI bank had cut interest rates on home loans by 15
A loan is like a huge burden on the back of the borrower, till the time it has been repaid in full. Once you have signed the dotted loan, the loan is yours, and stays with you for a considerable amount of time. It is like a leech which will latch on to you
To make full use of the festival season, two of India’s most popular banks have announced a number of benefits which include the reduction in rates, waiver of processing fee and the overdraft facility. SBI has slashed interest rates by 0.15 percent for its home loans up to 75 lakhs. ICICI bank is also
With the festive season around and with the bonus in hand, there is always the mood to spend that extra cash somewhere. We are stuck between the questions of what to buy and what not to buy. But the most important question we ca ask ourselves during this time is that how can we
Diwali season is that time of the year where people usually buy expensive things as it is considered an auspicious time to buy big ticket items. Also, many sellers also provide with attractive discounts and offers during this time of the year. One the most common item to be purchased during this time are
A lot has changed in the loan industry since the time retail mortgage industry started. However, one thing which has remained constant; one thing which hasn’t changed is the need of a guarantor. Having a guarantor has always been a necessity. Here are a few things which you need to know about the guarantor.
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