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Personal Finance

Personal Finance 9 min read
PAN Card Rejection – Common Reasons & How to Avoid Them?

The Permanent Account Number(PAN)  system was enabled by the Income Tax Department in the year 1972 to have a unique identification for all the eligible taxpayers of the country. These eligible taxpayers include individuals, Hindu Undivided Family (HUFs), companies, trusts etc. All of them can apply for a PAN card to keep track and record ... PAN Card Rejection – Common Reasons & How to Avoid Them?

Personal Finance 7 min read
Change Name in PAN Card after Marriage

The Income Tax Department enabled the Permanent Account Number (PAN) system to avoid miscalculations and errors in tax assessments. The earlier system of tax assessments of the citizens of India was familiar to some individuals. Hence, PAN was taken into force by the Government of India in the year 1972, where a unique identification was ... Change Name in PAN Card after Marriage

Personal Finance 7 min read
How to Link PAN to Aadhar on Income Tax Portal?

As higher income attracts higher taxes, some people have got multiple PAN cards issued in their names to divide total income under different PANs to avoid paying higher taxes. To prevent this malpractice and to avoid cases where the same PAN is issued to more than one individual, the government has taken the decision to ... How to Link PAN to Aadhar on Income Tax Portal?

Personal Finance 6 min read
Emergency Credit Line Guarantee Scheme (ECLGS)

The COVID-19 pandemic hit very hard on Indian business enterprises. The companies struggled a lot to meet their daily expenses. To mitigate the losses caused by the Covid-19 pandemic on various business enterprises in the country, the Indian Government launched an Emergency Credit Line Guarantee Scheme (ECLGS).  What is ECLGS? The ECLGS scheme was announced ... Emergency Credit Line Guarantee Scheme (ECLGS)

Personal Finance 9 min read
How to apply for a PAN card? Eligibility & Benefits

To avoid miscalculations and errors in tax assessments, the Permanent Account Number (PAN) system was enabled by the Income Tax Department. The earlier system of tax assessments of the citizens of India was not unique to every individual. Hence, PAN was taken into force by the Government of India in the year 1972, where a ... How to apply for a PAN card? Eligibility & Benefits

Loans 6 min read
Personal Loan Balance Transfer: Definition, Mechanism, Eligibility & Benefits

Personal loans have simplified the system of taking loans during a dire emergency. It can easily credit your account with a lump sum once your request for a personal loan is approved. This facility can be a lifesaver but comes with a hefty interest rate. Since you can avail personal loans without collateral, these loans ... Personal Loan Balance Transfer: Definition, Mechanism, Eligibility & Benefits

Personal Finance 6 min read
Banking Frauds: How Should You Protect Your Money?

Nowadays, everybody is aware of the digital mode of payments, which makes our lives easier. During the COVID-19 situation, the us of digital transactions increased rapidly. However, like a coin has two sides, digitalisation has its pros and cons because it has made financial transaction easier and faster, and on the other hand, it also ... Banking Frauds: How Should You Protect Your Money?

Personal Finance 6 min read
Minimum CIBIL Score for Home Loan (2023): How to Check?

When buying or building a house, one of the most popular options is to take out a home loan from a bank or an NBFC. A home loan is a type of secured loan, which means that the borrower must provide collateral in the form of a mortgage on the property and hold on to ... Minimum CIBIL Score for Home Loan (2023): How to Check?

Personal Finance 8 min read
RSUs or ESOPs: Which Is More Rewarding?

Employee Stock Option Plans (ESOPs) and Restricted Stock Units (RSUs) are stock-based compensations awarded to employees. They offer an ownership-interest to the employees and are an excellent tool to boost their productivity, which in turn contributes to enhanced profitability. ESOPs and RSUs are popular modes of compensation offered by companies to attract and retain talent. ... RSUs or ESOPs: Which Is More Rewarding?

Personal Finance 8 min read
EPFO Portal Login: Everything You Should Know

The EPFO, or Employee Provident Fund Organisation, has millions of registered users from the public and private sectors. The organisation ensures that all EPF users receive quality service. Being the country’s most significant social security organisation, it encourages individuals to save for retirement.  The EPFO portal offers a range of online PF services such as ... EPFO Portal Login: Everything You Should Know

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