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Category Amount (₹) Best CCs (Existing/New) Cashbacks/Reward Rate Key Notes Electricity Bill 2500 Airtel Axis (New)10% via Airtel Thanks App₹250/mo cap; pay via Airtel app for max benefit Groceries (Offline) 6000 HSBC Live+ (New)10% at supermarkets₹1,000/mo cap; if not available, use OneCard...

Not at all! If you're a medium spender, consider getting a cashback credit card like HDFC Swiggy or SBI Cashback for great rewards. You can also opt for a lifetime free credit card like Amazon Pay ICICI or a RuPay card such as Tata Neu Infinity RuPay CC for added benefits. 🤗

AIS/TIS aims to capture all your financial transactions, but sometimes not everything appears immediately. You are still responsible for accurately reporting all your income and investments in your ITR, even if something is missing from AIS/TIS. 🫡

Use your CC offline at least once by swiping or using tap & pay within 32 days from issuance to ensure it remains active in the bank's records. After 6 months, Update your mobile number and email ID either online or by visiting a branch because as per the bank's policy No changes can be made to...

Method How it Works Pros Cons Add on CCs (Visa/Master)Each member gets a card, all spend from one limitEasy tracking, flexible, no approvalsCredit card only, not UPI Add on Rupay CCEach member gets a card, all spend from one limit; each can link their card to their own UPI app(T&C)Seamless...

Then get one 😉

If you are a salaried individual, TDS on your salary is mandatory and must be deducted by your employer before paying you. This TDS is not something you can pay yourself by credit card-it is the employer’s legal responsibility to deduct and deposit it with the government. However, if you have...

Here are my reasons to use this apps: Cred: Manage and track multiple credit cards & accounts(Cred Money), receive payment reminders. Analyze spending, uncover hidden charges, and monitor CIBIL score within the app. Mobikwik: CC bill payment via SBI Virtual DC

If you're considering this card for a phone purchase, keep in mind that cashback typically doesn't apply to EMI transactions. While this card is a fantastic choice for full payments and frequent Flipkart shopping—offering 5% unlimited cashback, exclusive discounts, and special sale offers—EMI...

No, as a salaried individual in India, you cannot ask your employer to skip Tax Deducted at Source (TDS) on your salary and pay the tax yourself. Employers are legally required to deduct TDS from your salary based on your declared tax regime (old or new). If you do not inform your employer of...

Paying only ₹10,000 instead of the full ₹20,000 EMI might seem manageable in the short term, but lenders treat this as a missed or partial payment. Even if you clear the remaining amount later, it could still be reported to CIBIL as a delayed payment, potentially lowering your credit score...

Yupp 🙃 MDR is charged on the entire amount when the transaction exceeds ₹2,000, not just on the extra amount over ₹2,000. For example, if you pay ₹5,000, the MDR applies to all ₹5,000, not just the ₹3,000 above the threshold. 🤑

Yes, for tax safety, keeping your total credit card spending and transfers under ₹10 lakh per year can help avoid automatic scrutiny, but banks and the tax department may still question unusual patterns or rolling transactions. There are no special thresholds where you pay more, except...

Using your RuPay credit card to transfer money through your own merchant QR code to your father’s loan account might seem clever, but it could cause big headaches with banks and tax authorities. Here’s why: 🚨 The Problems 1. RuPay Credit Card Rules ● You’re supposed to use RuPay credit...

If you used your RuPay credit card via UPI for transactions totaling ₹5–6 lakh, and all those transactions were fully refunded in the same billing cycle (so you paid nothing), here’s what matters for the ₹10 lakh annual spend reporting rule: RuPay Credit Card UPI transactions are treated the...

Refunded credit card transactions (where you pay nothing in the end) are not counted towards the ₹10 lakh annual spend limit for tax department reporting, as long as your net payment remains below the threshold. Always maintain clear documentation of all spends and refunds for the records. ✌️

Bank-to-bank (non-cash) transactions do not have this threshold but may be scrutinized if deemed suspicious

Depositing cash in smaller amounts (like ₹1 lakh every 3–4 days) into a current or cash credit account does not automatically avoid scrutiny if the total deposits in the financial year cross ₹50 lakh. Banks are required to report aggregate cash deposits exceeding ₹50 lakh in current accounts to...

It is allowed, but expect scrutiny and ensure you have proper documentation for the source of funds.✌️