Finance Blogs

With the new financial year, came some really good news. With the new tax slabs, there is an opportunity for you to save your taxable income. Getting a major chunk of taxable income out of the way by making the most of Section 80C is a great starting point for most of us, but even …

Money saved is money earned – but you cannot apply this to funds left idle in the bank. Idle cash that does not generate any return or nominal returns may ultimately lose its value. But what causes money to lose value even when stored securely in your account? The simple answer is the decrease in …

If you are looking at growing your money, the world of investments has no limits. While there are conventional methods of investment like fixed deposits, PFs, bonds and more, there are multiple alternative methods you may want to explore too. Non-traditional methods can surprise you and provide outsized results. Here are a few different types …

Just landed a new job and struggling to meet ends? Don’t know who to turn to for your temporary cash-crunch? A salary advance can be a panacea for all your liquidity problems. The concept technically refers to an early payment of a portion of an employee’s salary – but is often used to refer to …

From paid vacations to health insurance, organisations have left no stone unturned to ensure the convenience of their employees. However, with the state of the global economy and rate of inflation we tend to see, money seems to be slipping out of our bank accounts faster than we can earn it. Despite meticulous planning and …

Among the many reasons for salary advances are the added expenses. But that’s not all where salary advances can prove to be useful. For instance, the rising costs may lead employees to borrow money from home or live a very frugal lifestyle towards the end of the month. But by getting a salary advance, they can …