Compiled By: Balakrishnan NarayananAbout Bala: He is the head of analytics at Fibe, with over 15 years of experience in the banking and finance sector. At EarlySalary he led efforts to build machine learning and analytics capabilities across risk, marketing, and customer analytics. For his skill in solving complex business problems, Bala was listed among … Read more

Highlight: Learn what income tax is, how it works, and practical ways to reduce your income tax liability in India. What is the income tax on my paycheck? Income tax is a portion of an individual’s or business’s earnings paid to the government to fund public services, infrastructure, salaries for government employees, and other state … Read more

Non-resident Indians (NRIs) often face the challenge of managing expenses in India while living abroad. To help with this, Indian banks offer two primary account types for NRIs: Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts. Choosing the right account depends on your income sources and financial goals. Below is a clear, SEO-friendly overview of … Read more

Defaulting on loan payments is a serious matter that can affect your finances and credit history. Repeated non-payment can lead to legal steps by the lender, but borrowers have statutory rights designed to protect their dignity and provide avenues for redress. Understanding these rights helps you respond appropriately and avoid unnecessary stress. The main purposes … Read more

Sending money to the wrong account is a common concern in today’s age of instant digital payments. A single keystroke or a misplaced digit can turn a routine transfer into a stressful situation. The good news is that recovery is often possible if you act quickly and follow the right steps. This guide explains what … Read more

Many buyers seek value, performance, and reliability when choosing a smartphone. Indian phone makers have long delivered on those expectations, offering affordable, feature-rich devices even before the “Make in India” push. The Indian mobile market today is vast and varied, with options for every budget and need. This article highlights ten notable Indian mobile brands, … Read more

Understanding the differences between term deposits and fixed deposits helps you choose the right saving vehicle for your goals. Both share several core features, such as: Fixed deposit amount Fixed investment period Predetermined interest rate Despite these similarities, important distinctions exist—like lock-in periods, interest-rate structures and loan options—that affect which product suits you best. Below … Read more

A credit card provides cashless payments and financial flexibility for shopping, travel and emergencies. Each card comes with a pre-approved spending cap called the credit limit, which is the maximum amount a cardholder can use. With monthly credit card spending in India exceeding ₹1.8 lakh crore, banks set limits after evaluating factors such as income, … Read more

Credit card churning is a strategy some people use to maximise rewards, sign-up bonuses and other perks offered by card issuers. Credit card companies provide incentives such as reward points, cashback, discounts and introductory offers to attract customers. Welcome bonus points are a common attraction that churners target. Churning typically involves applying for a card, … Read more

April 1 marks the start of the financial year in India. Although the calendar year begins in January, India uses an April–March cycle for historical, agricultural and administrative reasons. Harvest timing and seasonal business activity often peak around April, so beginning the financial year then became practical for budgeting, taxation and financial reporting. Below, we … Read more