New Updates on Credit/Debit Cards, TDS, and Savings Schemes from 1st October 2024

Nayan Medic (Professional + Student) (323 Points)

30 September 2024  

As per the ICICI Bank website, 2 complimentary airport lounge can be accesses per quarter for those who are spending Rs 10,000 (Debit card)  in the preceding quarter.

As per the HDFC Bank website, Redemption of reward points (credit card) capped at one product per calendar quarter via SmartBuy.

Under Section 194-IA, 1% TDS will going to be applicable on properties exceeding Rs 50 lakh, clarified for multiple buyers/sellers.

Changes will apply to Provident Fund (PPF) and Sukanya Samriddhi Yojana (SSY) accounts.

Under National Small Savings (NSS) schemes which are irregular accounts opened that will be affected.