The Vibe Journal: Finance Blogs

Getting your salary is a wonderful feeling. It makes you feel rewarded for all the hours of dedicated work that you put in. But the happiness fades away when a large chunk of your hard-earned income gets converted into tax. It is essential to figure out how you can avoid that high deduction in tax. …

An overdraft facility allows you to withdraw money from your bank account even when your balance is low or zero, up to a pre-approved limit. In simple words, it works like a short-term credit line linked to your savings or current account. You pay interest only on the amount you use, not on the full …

The world of Fintech The combination of Startups and Finance has lighted the thought bubble of Techies. This has prodded them to move forward to build a space that blends both. Basically Fintech organisations use technology to help users avail financial services effortlessly and on the go. Fintech encompasses all technology-based companies operating in insurance, …

As a novice taxpayer, understanding what the connection between your salary and allowances is essential. An allowance is a part of your salary structure that the employer pays at regular intervals. These allowances are added to your salary and taxed under the salaries as per the Income Tax Act guidelines. Tax-free allowances in salary are …

In our financial space, we come to a state, where we have sufficient funds, and we wish to invest a chunk of it for future plans and goals. Two very popularly used media for investment are Fixed deposits and Mutual Funds. We will distinguish between the two after we define them properly. Fixed Deposits Here …

Have you ever looked at your loan statement and wondered, ‘How do I repay my personal loan faster without feeling broke every month?’ Well, you’re not the only one who feels like this.  Most of us take loans at some point. Sometimes for emergencies, sometimes for big goals and then suddenly the EMIs start to …