These include the new TCS (tax collected at source) rule, special FD deadlines, new debit card rule and more. TCS rule from October 1, 2023The new tax collection at source (TCS) rates will take effect on October 1st, 2023. Debit card, credit card ruleThe Reserve Bank of India (RBI) has proposed that you be given the option of selecting your network provider for your debit card, credit card, or prepaid card. At the moment, when you apply for a debit or credit card, the network provider is normally determined by the card issuer. Indian Bank special FD deadlineAccording to the bank’s website, Indian Bank, a public sector bank, has extended the “Ind Super 400” and “Ind Supreme 300 days” special fixed deposits with higher interest rates.

Source: Economic Times October 02, 2023 11:23 UTC