Personal Finance

What is leave encashment?

Leave encashment is a workplace benefit that allows employees to convert their accumulated unused leave into monetary compensation. This practice provides a flexible approach to employee benefits and serves as a financial support system … READ FULL STORY

Taxation

What is tax saving FD?

Fixed Deposits (FDs) have long been a popular investment avenue for individuals seeking a secure and stable way to grow their savings. Among the various types of FDs, Tax Saving Fixed Deposits stand out … READ FULL STORY

Taxation

What are advance tax payments?

Advance tax, also known as “pay-as-you-earn” tax, is a system of staggered payments to the government by taxpayers over the fiscal year. It is a way for individuals and businesses to fulfil their tax … READ FULL STORY

Personal Finance

What is financial planning?

What is a financial plan?  The goal of a financial plan is to provide an overview of one’s current finances, set financial goals and evolve strategies to reach those goals. In addition to … READ FULL STORY