Money saved is often equated with money earned, but that isn’t true when cash sits idle in a bank account. Funds that earn little or no return can lose purchasing power over time. The primary reason is inflation — a long-term decline in the value of money that raises prices and reduces what your cash … Read more
Under the Negotiable Instruments Act of 1881, a bounced cheque is considered an offence. If your cheque is dishonoured for any reason, you may face penalties that include fines, imprisonment or both. Beyond legal consequences, a cheque bounce can damage your creditworthiness and create other adverse effects. Below is a clear explanation of what a … Read more
Consumerism is at an all-time high worldwide. Sales are no longer confined to festive seasons; e-commerce portals promote discounts year-round, making it difficult to resist. Print and digital media constantly trumpet major online sales, and items across categories—from clothing and accessories to electronics and groceries—are more affordable than before. You can find discounts on almost … Read more
Converting credit card payments into EMIs is a useful way to spread the cost of large purchases over several months, making repayments more manageable and helping protect your monthly cash flow. Below is a clear guide on how credit card EMIs work, how to convert transactions, the methods available, key considerations, and the benefits of … Read more
Businesses issue a GST credit note in specific situations to correct discrepancies in invoices and adjust tax liabilities. A credit note lets sellers amend previously issued invoices without reissuing a new bill, simplifying record-keeping and ensuring accurate accounting. Below is a clear explanation of what a credit note is, when to use one, the required … Read more
The minimum and maximum tenures for a personal loan are key considerations when planning to borrow. Personal loans are among the easiest unsecured credit options available from banks, NBFCs and other financial institutions. They offer conveniences such as quick online applications and no restrictions on how you use the funds. Still, the ease and affordability … Read more
You can easily download your Punjab National Bank (PNB) statement online using Internet Banking, the PNB mobile app, e-statements, SMS/ATM services, or by visiting a branch. The quickest options are Internet Banking and the mobile app, which provide instant access to your statements at any time. Having a clear view of your finances is the … Read more
Mutual funds have become extremely popular in India. With over 10 crore investors and assets crossing ₹67 lakh crore by early 2025, they are no longer limited to finance professionals. However, investing is only the first step. If you do not monitor your mutual fund portfolio, you may miss better opportunities or remain invested in … Read more
AI has reshaped the way we work across industries — from healthcare and manufacturing to IT, real estate and financial advisory. The pace of change is rapid: a Nasscom and Boston Consulting Group report projects that the AI market in India will grow at a compound annual growth rate of about 27% through 2027. The … Read more
Highlight: The shift to remote work was a difficult adjustment, but it is showing clear benefits for employees and organizations. Before the pandemic, most managers would have dismissed the idea of allowing employees to work from home full-time. The common belief was that remote work could not match the productivity or commitment of staff who … Read more