Wednesday, May 8News That Matters

Year: 2018

HDFC Bank Diners ClubMiles Credit Card – Review, Details, Offers, Benefits

Credit Cards, HDFC Bank Credit Cards
HDFC Diners ClubMiles Credit Card is  a premium credit card by HDFC Bank that provides many benefits around travel and dining.  HDFC Diners Club Miles Credit card Benefits Complimentary International & Domestic Airport Lounge Access:     6 complementary Airport lounge access to 700+ Lounges in India and worldwide. Check the eligible lounges.  Lounge access is Complimentary for the primary cardholder only. 15% off at restaurants:  As an HDFC Bank Diners Club Miles Credit Card holder, you can get 15%  discount and other benefits at some of the finest restaurants. Choose from over 1400 offers with partners across the world. See Full details of HDFC Good Food Trail program Rewards Collection Earn 4 Reward Points* for every Rs. 150 Get 5% cashback on all purchases through HDFC Smar...

Deadline extended for filing Tax returns (ITR) for AY 2018-2019 (FY 2017-2018)

Taxation
The government on Thursday extended the deadline for filing income tax return for assessment year 2018-19. The deadline of July 31, 2018 has been extended by a month to 31st August 2018 Assessee can now file their income tax return (ITR) for financial year 2017-18 (AY 2018-2019) by August 31 without any penalty charges.     Relief to the taxpayers:   This will be a relief for taxpayers who are yet to file their tax returns as from this year, as per a budget provision, late filing of tax returns will attract a penalty of up to ₹10,000.  Until last assessment year (AY) there was no penalty for filing belated income tax returns. However, this penalty is applicable from AY 2018-19. A new section 234F was inserted by the government in the Income Tax Act. As per the new prov...

HDFC AMC IPO – Analysis, Details, Review, Issue Price, Allotment Status, Listing

Stocks
Day 2 (26th July) :  The IPO is over-subscribed 5.52 times (QIB - 5 times, Retail - 3.5 times oversubscribed) Day 1 (25th July) :  The IPO is 100% subscribed  (QIB - 1.19 times, Retain - 1.34 times oversubscribed)   HDFC Asset Management Company (HDFC AMC) Limited, a well-known fund house has its IPO opens from 25th July to 27th July 2018 It is a joint venture between Housing Development Finance Corporation Limited (HDFC) and Standard Life Investments Limited (SLI). SLI is part of Standard Life Aberdeen plc., one of the world's largest investment company. Issue Details of HDFC AMC IPO:    IPO Open:  Jul 25, 2018 - Jul 27, 2018 Issue Price band: Rs 1095 - Rs 1100 Per Equity Share Issue Size:  Rs 2800 crore Market lot:   13 shares Minimum Investment: 13 shares  Max In...

SBI Card Offers – Dining, Travel, Entertainment, Shopping, Movie Tickets

Offers/ Discounts
SBI Debit and Credit Card Offers on Dining, Travel, Entertainment, Movie Tickets, Shopping etc   DINING Offers Offer:  upto 30% off on buffet at premium restaurants (ending 9th March 2019)  -  Details       Travel Offers Makemytrip International Hotel and Flights offer  (Jul - Sep 2018) International Hotels:  25% off upto Max disc of Rs 6000 International Flights :  8% off upto Max disc of Rs 8000 Promo code: MMTSBI  Details Makemytrip Domestic Hotel and Flights offer  (Jul - Sep 2018) Coupon Code Product Type Offer Details Max discount Min. trxn. Booking Channel MMTSBI Domestic Flights 10% Off Rs 1200 Rs 3000 www.makemytrip.com, MakeMyTrip App & Mobile Site Details Domestic Hotels 35% Off Rs 4000 Rs 3000     Makem...

Important tax changes effective from April 2018

Taxation
  Many income tax changes are applicable from 1st April 2018 that you need to know:   1. Penalty on late filing of Income Tax return  (applicable 01 April 2018) Penalty of upto Rs 10000 will be charged if you file your ITR after the deadline (31st July) If return filed after due date but before 31st Dec:  Rs 5000 Penalty If return filed after 31st Dec : Rs 10000 penalty As relief to small taxpayers, if your income is not more than Rs 5 lakhs, the maximum penalty levied will be Rs 1,000.   2. Reduction in time limit for ITR revision     (applicable 01 April 2018) Previously, taxpayer was allowed to revise his returns up till 2 years from the end of the financial year for which the return was filed. However, from now on, he will be allowed to revise his return ...

RBL Bank Digial Savings Account – Details & Review

Banking
RBL Bank is offering Digial Savings account that is a fast way of opening an online account. You need Aadhar number and PAN number to open the account online. Features of RBL Bank’s Digital Savings Account Minimum balance required – Rs 5000 Charges waived for non-maintenance of minimum balance if SIP / RD for Rs 2000 Instant account opening and paperless Unlimited ATM withdrawals – 5 transaction free per month on other ATMs Savings Interest rate upto 6.50 % p.a You will also be receiving your Welcome Kit soon on your address, containing your personalized Debit Card. Free NEFT transfer Interest Upto Rs 1 lakh – 5.50% Rs 1 lakh to Rs 10 laks – 6% (on balance > 1 lakh) Rs 10 lakh to Rs 5 crores – 6.5%  (on balance >1 lakh)     How to open RBL Bank’s Di...

Kotak 811 Bank Account – Details & Review – Zero Balance online account with 6% interest

Banking
Kotak 811 is a digital or online bank offered by Kotak Mahindra Bank. You can open a 811 account by downloading the Kotak Mobile Banking App and registering using your Aadhaar number, PAN and other basic details. You can set up a mobile banking PIN and start using your account immediately.   Features of Kotak 811 Bank Zero minimum balance requirement Savings Interest rate upto 6% p.a Free online money transfers (IMPS, NEFT and RTGS)  Kotak 811 debit card : free virtual VISA debit card. Also, you can get the physical card for 299 p.a. charge. Login to your Kotak 811 account through app   Interest Upto Rs 1 lakh – 5% Rs 1 lakh to Rs 1 crore – 6% Above 1 crore – 5.5%  DigiBank by DBS offer similar account and gives interest upto 7% p.a. See details of DigiB...

BookMyShow Offers, Buy 1 Get 1 free, Free Tickets, Discounts, Promo Codes

Offers/ Discounts
BookMyShow Offers, Promo Codes, Free Tickets , Discounts   RBL Bank  (Movies and More Credit card) 4 movie tickets free  upto 2 movie tickets free every month RBL Bank  (Multiple cards) Buy 1 Get 1 FREE RBL Bank (Insignia and Club COncierge Card) Flat Rs 500 off SBI Bank (Signature or Elite Credit card) 2 free movie tickets very month ICICI Bank Credit or Debit Card Buy 1 Get 1 FREE IDFC Bank  - Multiple Debit cards Rs 250 cashback every month VISA Signature cards - Debit / Credit Rs 300 off Equitas CSK Debit Card Buy 1 and Get 1 free IndusInd Debit / Credit Card Buy 1 and Get 1 free Axis Bank Burgundy Debit Cards Buy 1 and Get 1 free - upto 48 tickets free in a year Equitas Debit Buy 1 and Get 1 free CitiBank World Debit Buy 1 and Get 1 free Yes Bank Pri...

How to File Income Tax return (ITR) online for FREE (using excel upload)

Taxation
  As the due date for income tax is 31 July, you need to make sure that te returns are file on time. From April 2018, tax rules have changed and a penalty of upto Rs 10000 will be levied if the return is not filed on time. Also, the ITR revision time limit is also changed from 2 years to 1 year.  See details    Must Read -  Step by Step Guide to file Income tax returns online Step to File Income Tax return Online  for FREE on Official Website  (using excel upload)       1. Go to Income Tax India Website –  https://incometaxindiaefiling.gov.in 2.  Download the relevant Income Tax form On the Right Had Corner, you will see the Excel Files to Download 3. Extract the Excel file into a folder. ( using Winzip / Winrar software) These files are in ZIP Format. You ...

How to file Income Tax Return online – ITR 1 & ITR 4S quick e-file online – Step by step guide

Featured, Taxation
You can file ITR 1 & ITR 4S online (without using the excel ITR file). In this post, I am providing step-by-step guide to file these returns on Income tax efiling website.  As the due date for income tax is 31 July, you need to make sure that te returns are file on time. From April 2018, tax rules have changed and a penalty of upto Rs 10000 will be levied if the return is not filed on time. Also, the ITR revision time limit is also changed from 2 years to 1 year.  See details  Filing returns on Income tax wesbite is completely free and easy. Must Read -  Step by Step Guide to file Income tax returns online Things to note: Make sure that you choose right ITR form. ITR forms depends on what kind of Income you have. See my other post on Which ITR form to use? Check your Form 26AS t...