Priyanka Rao

November 8, 2024

Salary Increment Letter to Employee: Get Free Format & Templates

A salary increment letter is not just a formal document; it’s a powerful tool that acknowledges and rewards an employee’s dedication and hard work. A well-crafted […]
September 13, 2024

HRA in Salary – What is It? Calculations & Formula

If you have ever checked the salary breakdown section on your pay slip, you must have noticed House Rent Allowance (HRA). But what is HRA and […]
August 28, 2024

EPF Passbook Download – How to Download EPF Statement?

Saving and investing are important and help in securing your financial future. Putting money in a provident fund (PF) is a popular investment option, especially to […]
August 28, 2024

Digital Banks – What are they? Features, Advantages & Disadvantages

Digital banking is done online via digital platforms, and it eliminates paperwork. Various banking services, such as moving cash deposits, account management, bill payments, fund transfers […]
August 12, 2024

Types of Incentives: What is It and Importance of Incentives in Workplace

As a business owner or manager, you know that keeping your employees motivated and engaged is essential for achieving success. One way to do this is […]
August 1, 2024

What is Leave Encashment? -Types, Limits, Encashment

In accordance with Indian labour laws, each employee is entitled to a certain number of paid holidays annually, which are among the benefits offered by their […]
July 31, 2024

How to Link Aadhaar Card to Bank Account & Check Linking Status

Although it is no longer mandatory to link your Aadhaar number with a bank account, it is advisable to do it. You may link the two […]
July 26, 2024

All About Gratuity – Rules, Eligibility & Calculation

What is Gratuity? Gratuity is paid by the employers to the employees as gratitude for the services rendered during their employment. It is a part of […]
July 23, 2024

What is Variable Pay – All You Need to Know

Are you looking to learn more about variable pay and how it works? If so, you’ve come to the right place! Variable pay, also known as […]
July 18, 2024

Tax on Salary: How to Calculate TDS on Salary?

If you are employed, your major source of income is your salary. It is a fixed amount of money that you receive on a pre-determined date […]
July 11, 2024

Salary Slip Components: Understanding Salary Slip Format & Payslip Breakdown

Important Things to Know About Salary Slip   A salary pay slip is a document that every salaried individual receives from his or her employer, but […]
July 11, 2024

Remuneration – Definition, Meaning, and Types

As an employer, it is important to know that compensation to your personnel includes more than their basic pays. It comprises several potentially taxable benefits. Having […]
June 14, 2024

What Is a Debit Card? Applying Online and Other Important Information

Debit cards became popular in the early 1980s, ushering a slow but sure revolution in the world of banking and finance. Today, after decades of making […]
May 30, 2024

What’s the Difference Between EPF and EPS?

Employees Provident Fund (EPF) and Employee Pension Scheme (EPS) are two of the most important retirement schemes in India. As an employee, it is important to […]
May 23, 2024

First Salary: What To Do With First Salary?

Receiving your first salary is an exciting milestone that marks the beginning of a new phase in your life. It not only brings a sense of […]
May 22, 2024

What is PF in Salary – Meaning, Full Form & Calculations in Employee Provident Fund

In the realm of employment and remuneration, it is essential to understand the various components that make up an employee’s salary. One such component that often […]
May 21, 2024

What Is Fixed Salary & Steps to Calculate Your Fixed Salary

As an employee, it’s important to understand the different components of your income statement and one of the most critical terms is “basic salary.” This is […]
May 20, 2024

What is DA in Salary? Understanding Dearness Allowance for Private Employees

In terms of employment, people in India work in both the public and private sectors. Recent estimates indicate that 6.8 million people receive government pensions, including […]
May 20, 2024

The Importance of Understanding Basic Salary Calculation

Salary and pension are considered essential rights of an individual’s life and liberty under the Indian Constitution. When you receive your income statement on payday, you […]
May 16, 2024

How to Calculate Professional Tax on Salary: Complete Guide to Slabs and Deductions

If you’re a salaried employee, you’ve probably come across the term ‘professional tax’ on your payslips or Form 16. But do you really know what it […]
March 14, 2024

Salary Account vs Current Account: Key Differences & Which One To Choose

Want to know which one to choose between salary & current account? Click here to about the pros & cons of using a salary & current account & choose the best one for you.
March 12, 2024

CTC vs Gross Salary vs Net Salary: Understanding the Key Differences, Calculation, and Take-Home Pay in India

Are you confused between CTC, gross pay & net pay? Click here to read this article & find out what is the difference between gross salary, net salary & your CTC!
February 27, 2024

A Step-by-Step Guide on How to Calculate HRA in Salary

What is HRA in Salary? House Rent Allowance (HRA) is a portion of an employee’s salary specifically designated to cover rent expenses. It’s a tax-exempt benefit […]
February 27, 2024

How To Convert Salary Account To Savings Account? Easy Guide

Looking to convert your salary account to savings account? Read this article to know 5 easy steps for converting salary account to savings account. Click here.
February 26, 2024

Salary Increment Request Letter: Download Format & Templates

When the time comes to seek a salary increase, a well-written salary increment request letter can make all the difference. This letter serves as your formal, […]
February 26, 2024

Salary Account Benefits – Things To Check For Employees

Learn about salary account benefits. Get an overview of what a salary account should be for employees and what those account offers.
February 25, 2024

Salary Certificate Format & Application Letter: Download Template

Whether you are applying for a loan, a visa, a credit card, or filing your tax returns, there are a lot of times when you will […]
February 25, 2024

15 Best Bank For Salary Account In India For 2024

Planning to open a salary ccount in 2022? Here is a list of best banks that offer the best benefits and features for opening a salary account. Click to know more.
January 27, 2024

How to Block and Unblock Debit Cards?

When you suspect fraudulent activity in your bank account or lose your debit card, it is best to block it. This will ensure your bank account […]
January 26, 2024

UPI Without Debit Card: Step-by-Step Guide to Set Up UPI Pin

There was a time when only a handful of Indians had a bank account. Now, even a small vegetable vendor is accepting digital payments. This is […]
January 26, 2024

Virtual Debit Cards: Empowering Consumers in the Digital Age

Virtual debit cards are the newest innovation in the banking sector. They are debit cards but are digitalised in nature. With the growing preference for digital […]
January 25, 2024

How to Check Debit Card EMI Eligibility?

Several Indian banks have recently introduced EMI (Equated Monthly Instalments) option on debit cards. It is an easy and affordable way to make big-ticket purchases without […]
January 24, 2024

What is CVV on Debit Card and Where to Find It?

CVV or Card Verification Value is a three-digit or four-digit number printed on the back of your debit card, which helps complete online transactions. It is […]
July 28, 2023

Leave Travel Allowance in Salary: Claim Rule, Eligibility, Tax Exemptions

Are you longing for a much-needed getaway while also trying to figure out how to reduce your tax burden? Look nowhere else! Your travel wishes can […]
July 28, 2023

Medical Allowance in Salary: Everything You Need to Know

Are you curious about medical allowance in salary? Well, you’ve come to the right place. In this article, we’re going to delve into the world of […]
July 10, 2023

How to Save Income Tax on Salary? Tips to Save Money on Tax

Tax planning can indeed be overwhelming, but with the right approach and organization, it can become more manageable. Starting early in the financial year and staying […]
June 23, 2023

How PF Is Calculated? A Step-by-Step Guide

Are you curious about how your retirement savings are calculated? Look no further! In this blog, we’ll delve into the Employee Provident Fund (EPF), a retirement […]
May 18, 2023

How to Save Money from Salary?

Too much impulsive and unnecessary shopping paired with unused subscriptions to activities and OTT, along with a lack of financial discipline, can make you go broke […]
May 9, 2023

What is the Difference Between Wages and Salary?

When discussing employment, it is important to understand the difference between wages and salary. While these two terms are often used interchangeably, there is a distinct […]