Interest

Interest Charged Under Section 234A, 234B and 234C in India

If you file your income tax return late or pay less advance tax than you owe, the Income Tax Act 2025 charges interest — Sections 234A, 234B and 234C. Here is exactly how each one is calculated, in plain rupees.

Credit Card Revolving Balance: The Real Interest Cost When You Carry Debt

Carrying a ₹10,000 credit card balance forward costs ₹3,600 or more per year in interest — before GST. Here is the exact math, month by month.

Credit Card Minimum Payment Trap: The True Cost in Rupees

Paying only the minimum due on your credit card can cost you 5-10x more than the original bill. Here is the exact math for Indian cardholders.