Grace Period

RECENT NEWS
MedPage Today  Jun 10  Comment 
(MedPage Today) -- Five bills to revise Obamacare get Friday hearing
The Hindu Business Line  Jan 12  Comment 
The concession has outlived its basic purpose, says retirement fund body
The Times of India  Jan 8  Comment 
The employers covered under EPFO are supposed to send their contribution towards the employees’ provident fund by the 15th of every month. However, at the same time, they were also allowed a five day grace period, till the 20th of the month.
Bulk Transporter  Jan 5  Comment 
Medical examiners have been given a 120-day grace period during which they use either the current or the newly revised versions of the Medical Examination Report (MER) Form and Medical Examiner's Certificate (MEC). The grace period granted by the...
Channel News Asia  Dec 4  Comment 
Mainboard-listed companies that consolidate their shares before Mar 1, 2016, will now be given six more months to comply with the minimum trading price requirement.  
MarketWatch  Jul 14  Comment 
Greece’s debt hole is only getting deeper, with the International Monetary Fund warning the country could need a three-decade grace period on repayments just to make its debt level sustainable, according to news reports.
MedPage Today  Jun 7  Comment 
(MedPage Today) -- No easy choices for AMA as it mulls next steps




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Grace Period refers to the period of time after a statement date when the outstanding balance on a credit card must be cleared to avoid incurring a finance charge. For most credit cards, the grace period is between 20 and 30 days, although card holders that carry an outstanding balance forward are usually given no grace period. In addition, there is generally no grace period given for balance transfers and cash advances.

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