Payment Liablity

Loan for Vodafone Idea: Banks to check liabilities repayment schedule first

Telecom company Vodafone Idea needs to raise about Rs 25,000 crore through loans

Tax sops, flexible payment plans influence prospective homebuyers: Survey

Tax incentives from central as well as state governments and flexible payment plans from builders will motivate prospective homebuyers to buy residential properties, according to a survey by Housing.com and Naredco. Proptech firm Housing.com and realtors' body Naredco on Thursday released their latest survey report titled "Residential Realty Consumer Sentiment Outlook H2 2023 - Trends and Insights". The online survey engaged over a thousand potential homebuyers. Tax incentives, such as stamp duty and GST waivers, along with flexible payment plans, are identified as the primary motivators for homebuying. They are also inclined towards additional perks offered by developers, the survey found. According to the survey, 48 per cent of respondents favour real estate investment, significantly outperforming other asset classes such as stocks, fixed deposits and gold. The data indicates that 18 per cent prefer the stock market, 19 per cent opt for fixed deposits, and 15 per cent choose ...

Govt's total liabilities rise 2.6% to Rs 150.95 trn in Q3FY23: Report

The government's total liabilities rose to Rs 150.95 lakh crore in December quarter from Rs 147.19 lakh crore in the three months ended September 2022, according to the latest public debt management report. The increase reflects a quarter-on-quarter increase of 2.6 per cent in October-December 2022-23. In absolute terms, the total liabilities, including liabilities under the 'Public Account' of the government, jumped to Rs 1,50,95,970.8 crore at the end of December 2022. As of September 30, the total liabilities stood at Rs 1,47,19,572.2 crore. The report released by the finance ministry on Saturday said public debt accounted for 89 per cent of the total outstanding liabilities in December quarter, compared to 89.1 per cent at the end of September. Nearly 28.29 per cent of the outstanding dated securities had a residual maturity of less than 5 years. During Q3 of FY23, it said, the Centre raised an amount worth Rs 3,51,000 crore through dated securities, as against notified amoun

BNPL credit facility used without caution can lead to a debt trap

Understand all the attendant costs of this facility; delayed repayment will hit your credit score

RBI allows payment aggregators to maintain additional escrow account

The RBI said that in cases where an additional escrow account is being maintained, credit and debit from one escrow account to the other shall also be permitted.

Consumer protection: Sleeping partners are liable for payment

The partners argued since the firm's assets were enough to repay, they should not be held liable