State Bank of India (SBI) has said that it will not allow all types of e-transactions through its credit cards. M. I. In addition to processing fees, transactions will now be taxed. State Bank of India B. I. Card and Payment Services Ltd. Has announced that e. M. I. A transaction fee of Rs. 99 per transaction will be taxed. It may be recalled that the service tax is 18 per cent, making the total charge Rs. 116.82.
This new rule is going to come into force from December 1, 2021, which is very close now. With this your email. M. I. And shopping is going to be expensive.
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State Bank of India offers e-commerce platforms like retail stores as well as e-commerce platforms like Amazon and Flipkart. M. I. It will charge for purchases made through The company has notified its credit cardholders of the new charges via email. According to reports, Zero E. M. I. VS on transaction offer. B. I. Will charge a processing fee of Rs. Any transaction made before December 1 will be exempted from this processing charge.
The post Shock to SBI cardholders, from December 1, Rs 99 will be charged and tax will have to be paid appeared first on Daily Post Punjabi.