Game over for BNPL?

If you use BNPL (Buy Now, Pay Later) service or cards from Slice or Uni Pay, this development will interest you. BNPL has emerged as a competitor to credit cards. Easy onboarding. Seamless and convenient process. Easy repayment terms. Instant credit. Who needs a credit card? However, RBI, in its latest notification to non-bank PPI… Continue Reading

Make UPI Payment Using Your Credit Card Soon

In the monetary policy announcement on June 8, 2022, the Reserve Bank hiked the repo rate by 0.5%. Bad news for borrowers. The interest on floating rate home loans would soon go up. Either the EMI or the loan tenure will go unless you part prepay your loan. Apart from the rate hike, the Reserve… Continue Reading

Budget 2022 Highlights: Crypto Tax Is Here

The Finance Minister presented the Union Budget 2022 on February 1 2022. I share a few important proposals from the Budget announcements. There were no fireworks on the retail taxation front with no change in income tax slabs or Section 80C investment limit. However, there is a good and bad news for crypto investors. #1… Continue Reading

Budget 2021 Highlights

The Finance Minister presented the Union Budget 2021 on February 1, 2021. Here are the key highlights. Tax Slabs Remain Unchanged No changes have been made to the existing income tax slabs. Interest on EPF Becomes Taxable If you contribute more than Rs 2.5 lacs to your EPF account every year, the interest earned on… Continue Reading