“Inflation” is the one dreaded word that can shake the confidence of economists, investment bankers, policy makers and even the government! Well, the harsh reality is that if the economy is growing inflation will definitely raise its head to haunt you. Let’s try to explore why it is such a dreaded word and is there… Read More »
In this era of recession, deflation, and job cuts, it is especially important for you to consider where your hard-earned money is going; financial security is the key in today’s unpredictable world. And the first step towards gaining that security is to have a saving plan.
Whether it’s to indulge your retail therapy fix, or the weekly list of grocery essentials, shopping is something you just can’t get away from, and therefore all the more important to guard against, especially if you’re looking to save.
You might be enjoying your cup of tea at a tea stall or you might be having a sumptuous meal in the afternoon! Even here or especially here you will feel the pinch of inflation. This article explains inflation in detail. It also helps you with suggestions to get the better of it.
The place of residence is significant in HRA calculation as for a metro the tax exemption for HRA is 50% of the basic salary while for non-metros it is 40% of the basic salary. This holds true especially when you work at a metro and reside at a non-metro. In this case, your city of… Read More »
There is always a direct relation between prices of certain commodities and inflation. Let’s take the price of oil. This and inflation are connected in a cause and effect relationship. As oil prices move up or down, inflation follows in the same direction. The reason why this happens is that oil is a major input… Read More »
Come February and all eyes and ears are on the Finance Minister and his budget for the coming year. Almost every citizen of the country has his/her own set of expectations that they would like to see being fulfilled in the coming budget.