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TDS stands for tax deduction at source, a withholding tax in India that applies to various types of income, dividends, or asset sales. Learn about the objectives, rates, provisions, and certificates of TDS under the Income Tax Act of 1961.
Tally Technologies is a San Francisco-based company that offers a smartphone app to help users pay off their credit card debt and avoid late fees. The app provides a lower interest rate line of credit and manages credit card payments automatically.
Learn the meaning and history of debits and credits in double-entry bookkeeping, and how they are used to record changes in value from business transactions. Find out the rules and examples of debits and credits for different types of accounts.
Credit card companies generate most of their income through interest charges, cardholder fees and transaction fees paid by businesses that accept credit cards. Even if you don't pay fees or ...
A surcharge is an extra fee charged by a merchant when receiving a payment by card, which at least covers the cost to the merchant of accepting that means of payment. Learn about the economics, regulation and history of surcharging in different countries and regions.
PCI DSS stands for Payment Card Industry Data Security Standard, a set of rules to protect cardholder data and reduce fraud. It is administered by the PCI SSC and mandated by the major card brands. Learn about its history, requirements, validation, and reporting levels.
Every Fed rate cut opens the door to lower interest charges and monthly payments. ... Dig deeper: 4 simple steps to pay off your credit card debt. 3 factors that influence Fed rate decisions.
Interchange fee is a fee paid between banks for the acceptance of card-based transactions. Learn how it is set by the payment networks, how it affects merchants and consumers, and why it is a controversial issue in the US and EU.