2017-07-27 :Mid- income affordable housing demand boosts IBHFL net profit by 26 per cent
Indiabulls Housing Finance Ltd (IBHFL) has reported a rise of 26 per cent in its net profit at Rs. 788 crore during the first quarter of FY18 as against Rs. 630 crore during the corresponding quarter of the previous fiscal year. Strong growth in its net profit is propelled by growth in home loan disbursals for mid-income housing segment.
2017-07-27 :HDFC Bank rationalises ATM network
Private sector lender, HDFC Bank has decided to shrunk ATM network by shutting down its ATM machines which are not seeing enough footfalls. The bank has decided to take this move due to noticing a shift in customer behaviour from cash to electronic (digital) payments
2017-07-27 :Standard Chartered Bank unveils new forex card
Standard Chartered Bank has announced the launch of a multi-currency foreign exchange cards specifically designed for overseas travelers. The newly launched card will allow customers the convenience of loading up to 20 widely used currencies on one card with an online reload facility during overseas travel.
2017-07-27 :Tax rate on business class air ticket now at 12 per cent
With a view to reduce the overall tax burden on the consumer, the government has introduced changes in the economy and business class air tickets. From now onwards, the applicable tax rate on economy class passenger tickets will be charged at 5 per cent from 6 per cent earlier, while for the business class air tickets, the tax rate has been increased from 9 per cent to 12 per cent with input tax creditable for both goods and services procured by airlines.
2017-07-27 :FM releases case study on GST
Finance Minister has released a case study on the birth of the Goods and Services Tax (GST) in India, “The GST Saga - A Story of Extraordinary National Ambition". The case study explains the entire journey of the GST right from its ideation till the final implementation on 1st July, 2017.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. MyLoanCare is an independent professional service provider and is not related to the government or government bodies or any regulator or any credit information bureau in any way. Information carried at this website is not and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not undertake any liability with respect to the correctness of the content, information and calculations. Information is subject to change without notice. By submitting your query or using any tools or calculators, you authorize MyLoanCare to share your information with lender(s), consent for such lender(s) to access your credit information report and contact you regarding your query overriding your number being in National Do Not Call Registry. This is a free service and no charges are payable by the borrower to MyLoanCare. The Company may receive remuneration from lenders for services provided to them.