On the first death anniversary of former Finance Minister Arun Jaitley, the ministry said before goods and services tax (GST), the combination of value-added tax (VAT), excise, sales tax and their cascading effect resulted in high standard rate of tax up to 31 per cent. Here we look at example ... Read More »
Tag Archives: rates
Indiabulls Housing Finance increases interest rates on home loans by 20 bps
Indiabulls Housing Finance has increased interest rates on home loans by 20 basis points (bps). The increase in the lending rates reflects the rise in cost of funds. The rate of interest on new home loans for women applicants/co-applicants is 8.80% for loans of up to 35 lakh and 8.95% ... Read More »
RBI increases key rates by 25 basis points
Reverse repo rate stands at 6.25%. CPI Inflation For first Half of 2018-19 is projected to be at 4.8-4.9% and for Second Half it is projected at 4.7%. GDP Growth Projection For 2018-19 has been retained at 7.4%. Read More »
Relief for consumers: LPG cylinder rates slashed
New Delhi: At a time when soaring prices of petrol, diesel, CNG and PNG has sent household budget into a spin, oil companies provided relief to some extent by cutting prices of non-subsidised LPG cylinders by Rs 35.50. The price cut is the second in less than a month after ... Read More »
SBI reduces minimum balance charges to Rs 15: Check out new rates
New Delhi: Country’s largest lender State Bank of India (SBI) on Tuesday reduced the minimum balance charges for non-maintenance of average minimum balance by up to 75 percent. Charges for non-maintenance of average minimum balance in Metro and Urban centres have been reduced from maximum of Rs 50 per month ... Read More »