When carrying out the tax management process and compiling various forms and slips, one thought that arises in every employee’s mind is about the tax-saving options for salaried professionals. So, if you, too, are wondering how to make the most of tax benefits for salaried employees, you are not alone. The good news is that …
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A loan for purchasing agricultural land can help you invest in a valuable asset with can be useful for cultivation of crops or other activities. This secured loan is one of many types of land loans issued by all banks and NBFCs. However, there are a few rules and restrictions for getting this credit facility. …
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Where do you stand in the floating vs fixed interest rates debate? Confused about why this matters? Deciding between fixed and floating interest rates is crucial as it affects the amount you have to pay as EMIs. Choosing the right type of interest rate allows you to save more on interest payments. In any discussion …
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Microfinance meaning, in simple words, indicates providing banking facilities to those who do not have access to traditional financial services. Financial services are an efficient way to help meet your personal goals. But how do these solutions impact the economy on a larger scale? Obviously by facilitating cash flow and liquidity in the market. That …
There is no doubt that knowing how to check bank balance is important. It helps you track the receipt of funds, plan your budget and even help you understand if you need to get credit to fulfil your needs. Apart from actually visiting your bank, checking balance today is easier than ever. In this digital-first …
Loan syndication is a process where lender parties collectively provide credit facilities to a borrower. Such loans fund large and complex expenses, like: Expansion of a business Infrastructural development by a company Acquisition of other businesses Merger with another company Knowing the loan syndication meaning and process can help you when you apply for such …
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Knowing what a co-applicant means is essential before applying for a loan. Involving a co-applicant in your borrowing process can improve your loan approval chances and help you get affordable loan terms. Loans are an efficient way to secure funding without depleting your savings or liquidating your investments. However, if you’re finding it difficult to …
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The days of organisations benefiting from a straightforward retirement plan or all-inclusive health insurance have long passed. Millennials, particularly Gen Z, are demanding more extensive, inventive, and distinctive fringe benefits. Besides benefits like work-from-home alternatives and flexible paid time off policies, financial wellness programs are quickly gaining popularity. Here is a brief explanation of financial …
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Highlights: Pune, India, 29th August 2022: India’s largest consumer lending fintech, EarlySalary, has closed its series D funding round of $110 million led by TPG’s The Rise Fund and Norwest Venture Partners. Existing investor Piramal Capital & Housing Finance Limited also participated in the round. This is EarlySalary’s largest fundraise to date, following the company’s …
What is a Bank Account Statement? A bank statement summarises all bank transaction details over a given period for every bank account held by an individual or a business. It also provides a salary statement from the bank and acts as a proof of income. An online bank statement is a form of PDF containing: Now that …
