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Your bank could soon charge you for ATM transactions, cheques & cards

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Deal Major
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Your bank could soon charge you for ATM transactions, cheques & cards

NEW DELHI: The tax department has asked country’s top lenders including State Bank of India, HDFC Bank ICICI Bank Axis Bank and Kotak Mahindra Bank to pay tax that could run into thousands of crores, on ‘free services’ provided to customers maintaining a minimum account balance, with retrospective effect

https://economictimes.indiatimes.com/industry/b...

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Deal Subedar Deal Subedar
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In name of free services to customers, banks are evading tax by showing it as expenditure. So it needs to go as it is only done to evade tax, As far as burden on people is concerned, there won’t be much on cards. All this is being done to reduce cash txn at ATM and move to digital payments rather quickly. 3/5 atm txn free per month won’t go.

As I always say when we pay service charges for almost all services, why expect services from banks for free. They invest hell lot of money. But after all this service levels should be of fine quality. Like most people say they are not afraid of paying more for train but services should be accordingly provided.

Please note than Basic Savings Account won’t be touched. Neither do Senior Citizen or Pension account Some people here start negative comments by saying what pensioners will do, what poor people will do. The thing is most charges include regular saving accounts. Small savings accounts don’t attract charge. Even debit card has no charges in JD account.

Deal Cadet Deal Cadet
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But they earn by lending our money to borrowers n take the cut, hw services r free ?

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Helpful Helpful
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Ek.kaam. krte h bank acc bnd krdete h aur pesa ghar pe rakh lete h

Deal Cadet Deal Cadet
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toungueout lol
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Critic Critic
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The whole country has been raped over and over again for last few years, and only biological rapes come into news.

Deal Subedar Deal Subedar
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mitron.. aise hi maja aata hai

Heart of Gold Heart of Gold
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Aren’t they already charging?

ATM card 100+taxes every year
Cheque book 10-20₹/book
SMS charges 12/quarter
ATM TXN charges for more than 5 txns.

This is for Canara bank.

Deal Major Deal Major
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the article says about tax recovery over a period of past 5 years

flushed 10 to 20 for cheque book….

for dena bank they charge 100 for personalised cheque book

pensive
Finance Mentor Finance Mentor
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Sbi is charging Rs.10 per cheque leaves
If you are requesting 30 page cheque book then pay Rs.300+ 18%gst = Rs.357
Now they will charge Rs.30 per leaf

Deal Major Deal Major
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flushed 30 per leaf??? are u serious rolleyes
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Analyst Analyst
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Bhakt andhe ho sakte hain log nahi jo dekh nahi sakte saara syapa ek aadmi ke ghamand aur ahankar (aur bewakoofi) ke chalte ho raha hai. Cashless ka dhong karte karte desh mein 2016 se jayda cash aa gaya, fake currency ka dikhawa karte the 400% fake currency badh gayi, 1000 ke badle 2000 laaye lekin usme aisi nano gps chip ghusedi ki kisi ke baap ko bhi nahi pata kahan gayab ho gaye wo churan chaap note. wo din bhi pass hai jab bank mein dekhne tak ke charges lagne lagange lekin 50 din ke andar meri koi kami rah jaye kehne wala chaurahe par kabhi nahi aayega, logon ko sadak par jaroor la dega. Saara paisa Mehul bhai, Neerav bhai, Adani bhai, Ambani bhai udayen aur hum mehnat ki kamai rakhne nikalne ka bhi paisa den.

Deal Cadet Deal Cadet
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Previous govt was corrupt, this one dangerous.
These powerful people successful in making fool of indian ppl for longer period of time. Some chose not to be ignorant, that’s why raising the issues like about banks, petrol/diesel price hike and many…

And whatever DIRECT benefit claimed to PPL of India, seems Virtual only. Still believes something will turn out good but sadly nothing concrete got it.

Deal Subedar Deal Subedar
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whatever it is, Modi govt is planned to make more private banks, as you all/most guys know indians mostly trust Government banks.

They (Corporate) dont like savings in bank and using Government banks, so Modi’ji helping them to increase regulation/fees and other thing, so people will lose the TRUST of bank and keep the money in Pockets => More money in Hands =>>>> More Spending, as online spending is only 1-3 % also already guys in digita wont switch to normal account, that guys choose Private banks for offers, so they target all.

Moderator Moderator
Moderator
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@drupal @marketdimer
I LOVE MODI

Deal Major Deal Major
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Oh My Mod….

cry
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Blogger Blogger
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this thread also politicized !!

i thought at least they will not chant modi modi in important threads , however they don’t care on charges , they only need opportunity to be rudali .

Deal Major Deal Major
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everything should be paid no free service…

sunglasses
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Deal Subedar Deal Subedar
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If we can pay for peeing at Sulabh Shochalaya, we can pay anything.
It’s just that these bastards don’t know they are obliged to provide a service for the fee

Blogger Blogger
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counter number 8 par jao . laughing
according to services of some banks they should pay us compensation .

Analyst Analyst
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freecharge has become boring. no new coupons semt to my accounts from long time even when they are idle. sad

Finance Mentor Finance Mentor
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What is this??

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Blogger Blogger
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@chingumboy

watching this ??

these are krantikari of a party if you either defend anything related to Indian institutions (RBI here) or say anything against kejriwal (my conspiracy thread) , these will come in group either to defend kejriwal or attack modi .

ab kya kare twitter pe to BJP it cell inko chhodne wali h nhi , to baki jagah gussa nikalte hain .
they are most happy bcoz on desidime bhakt and piddi sena is not present , bcoz their main target is only social media .

just imagine if bjp it cell leave their bhakts here then none of these will open their mouth .. and then they will hold a placard written – # stop trolling

thread was posted on bank related charges , and complete thread full of diverting main topic .. galti inki bhi nhi h , ab public ka moh bhi modi se hat nhi rha , ek ke bad ek election jeet rahe to gussa to aata hi hai

67 sal bad ek rajkumar ko koi chai wala chunoti de to ego to hurt hoti hi h

1 sal aur intezar kar lo jara , fir wo run movie ke vijay raz wala hal hoga (kawwa biryani and chhoti ganga)

………..

golddigger just said he hate modi but he still vote him , these guys took that comment personally and mentioned golddigger everywhere .

one of senior dimer just took stand on something , then they even tagged him many times in past .

you are already being targeted .

but i don’t understand why not 1 vs 1 .. from 2 years these people only come in group so that other person take one step back and never comment again .

Deal Cadet Deal Cadet
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5 ATMs visited today …didn’t hv cash in ATM

#Cashless Economy turning to people cashless#

Deal Major Deal Major
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which city????

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