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Tuesday, August 29, 2006

Service Tax on Credit Card Interest.

Have you lately noticed that a 12% Service Tax is being charged on the interest component of your credit card spend ? Story doesn't end here, if you have a card with annual fees, their is a service tax of 12% on this as well. Sure FM seems to be a happy man these days filling his kitty with billions of rupees ripped from hard working Indians and let the bigger scamsters go free.

Published by CardBhai @ 9:41 AM   0 Reader Comments

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