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Tuesday, April 28, 2026
TopicCredit card transaction

Topic: credit card transaction

Govt removes TCS on credit card payments abroad, 20% tax on other foreign transactions effective 1 Oct

According to May notification, credit card payments abroad would've attracted 20% tax collected at source. New rate on other foreign transactions to apply only if it exceeds Rs 7 lakh, says govt.

Modi govt has a split personality—innovative on disinvestment, regressive on credit card spends

Scrapping the latest version of the Consumer Expenditure Survey, or denial on China dependence reveal the govt's signs of immaturity that are hard to ignore.

On Camera

Bengal once had arenas for identity battles—stadiums, football, jerseys. Now it’s polling booths

From Mohun Bagan and East Bengal to Mohammedan Sporting, footbclubs once shaped identity, pride and belonging across Bengal’s social fabric. Now, the political field has taken over.

As govt weighs mandatory silver hallmarking, new report flags economic & operational bottlenecks

Koan Advisory report warns that infra gaps could hurt small businesses and artisans, recommends transition period of 3-5 yrs for industry to adapt.

What theaterisation could look like: Rotational CDS, three-star theatre commanders in initial years

The proposed structure envisions the post of Chief of Defence Staff (CDS) rotating between the Army, Navy and Air Force, it is learnt.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.