Tax Payments through Credit Card

There are some extra charges also. Keep that in mind approx 0.65 %

raman12 wrote:

There are some extra charges also. Keep that in mind approx 0.65 %

nipun1188 wrote:
will hdfc platinum debit card help in accumulating points

FK axis still gives 1.5% on tax payments, combine that with hdfc billpay of the axis card and you will get 2.5%. Adjust the 0.65% processing fees.

Having said the above, I don't think its at all a good idea to pay company's tax using your personal credit card. Be very careful please.

Business/corporate CC is needed for huge amounts...

raman12 wrote:

There are some extra charges also. Keep that in mind approx 0.65 %

MrThanos wrote:
Zero charges if you pay through canara bank payment gateway/ bhim/ rupay credit card

Seinfeld wrote:

FK axis still gives 1.5% on tax payments, combine that with hdfc billpay of the axis card and you will get 2.5%. Adjust the 0.65% processing fees.

Having said the above, I don't think its at all a good idea to pay company's tax using your personal credit card. Be very careful please.

I think post 5th March flipkarr axis will not give 1.5% in income tax payment 

mojo_jojo123 wrote:

I think post 5th March flipkarr axis will not give 1.5% in income tax payment 

And why do you think so? Government services are not excluded unlike axis ace

Seinfeld wrote:

FK axis still gives 1.5% on tax payments, combine that with hdfc billpay of the axis card and you will get 2.5%. Adjust the 0.65% processing fees.

Having said the above, I don't think its at all a good idea to pay company's tax using your personal credit card. Be very careful please.

I would partly disagree on this. If the owner/director is swiping his personal credit card for his company payments it will not be an issue imo

Seinfeld wrote:

And why do you think so? Government services are not excluded unlike axis ace

nipun1188 wrote:

I would partly disagree on this. If the owner/director is swiping his personal credit card for his company payments it will not be an issue imo

A company needs auditing, cash flow and transactions are audited. I hope you have knowledge about what you are saying. If it’s just a thought or feeling then it might put somebody in trouble.

OP don’t fall for mere CashBacks unless you are sure about this.

I have a Standard chartered Ultimate credit card .. Rewards devaluated from April.. I'm hoping that it can be used to get 3.3% value back.. So, Canara Bank gateway will not levy charges for credit card?

Any idea on whether the HDFC millennia debit card will give cashback points for tax payment?

pnagaraj wrote:

Any idea on whether the HDFC millennia debit card will give cashback points for tax payment?

Yes i have same question. If we use debit cards which gives the best rewards

Seinfeld wrote:

FK axis still gives 1.5% on tax payments, combine that with hdfc billpay of the axis card and you will get 2.5%. Adjust the 0.65% processing fees.

Having said the above, I don't think its at all a good idea to pay company's tax using your personal credit card. Be very careful please.

1.5% cb even after 5th March, 2023?

MrThanos wrote:
Zero charges if you pay through canara bank payment gateway/ bhim/ rupay credit card

makeourdeal wrote:
1.5% tax even after 5th March, 2023?

Don’t know if any reason why not? Did you read or get anything about government services?

Seinfeld wrote:

Don’t know if any reason why not? Did you read or get anything about government services?

does hdfc or idfc give RP?

PS: hdfc not anymore - https://cardinsider.com/blog/hdfc-bank-revises-...