How to manage finances if you lose job
MUMBAI: When Niranjan Kedia, a national manager for human resources with an annual salary of over ₹30 lakh, lost his job, he was unprepared for it. He has experience in multiple sectors such as petrochemicals, banking, More...
TDS on salary income will depend on Investment Declaration to your employer: What if you fail to submit it?
What if the employees do not submit the Investment Declaration to their employers in April? If you are thinking that the tax-saving season had ended on March 31, 2019, and it’s time to push tax-related affairs More...
How to plan your finances if you are taking a sabbatical
Working as a mid-level engineer, Vikas believes that the lack of a postgraduate qualification from a premier institute is standing in the way of his career progression. To correct this, he has decided to do an More...
Three Companies Illustrating What You May Not Know About Drones
Attendees take pictures of the Scientific Cal Ag Gen 6 prototype drone during the World Agriculture Expo in Tulare, California, U.S., on Wednesday, Feb. 13, 2019. Photographer: Patrick T. Fallon/Bloomberg© More...
Zero Balance Savings Account: What you can do to avoid banks’ hefty penalty
Most salary accounts are usually zero balance accounts as there are no charges required for non-maintenance of minimum account balance. It is usually mandatory to maintain a monthly average balance (MAB) in your More...
Bank Accounts: 4 reasons why you must close your idle savings accounts
Although savings accounts do not have any annual maintenance charges, their linked-debit cards mostly come with annual fees. The steady penetration of banking services has led to a large section among middle More...
How Much Income Tax You Can Save In Assessment Year 2020-21
The income tax assessee can make use of latest changes in laws to make most of the earnings in AY2020-21 The government has announced a number of income tax-related changes in Budget 2019. Among these changes More...
Looking To Open A Zero Balance Savings Account With SBI? Here’s All You Need To Know
State Bank of India (SBI) is offering various types of savings accounts including a zero balance saving account where monthly average balance (MAB) rule is not applicable. Monthly Average Balance (MAB) is the More...
Income Tax Rebate 2019 Clarification: Taxable income above Rs 5 lakh? Know what is in store for you
Budget 2019 Income Tax Relief: Finance Minister Piyush Goyal on Friday brought cheers to around 3 crore low-end taxpayers by announcing a rebate for people having annual income up to Rs 5 lakh. Section 80C of the More...
The more you spend, the more you save
Automating the money habits of people, without asking them to deviate from their preconceived notions is what’s needed today. (Unsplash) Let’s say you find saving money very difficult. Not a very unusual More...