Expenses

How to split bills and track common expenses with flatmates

Living with flatmates is a cost-effective way of paying for rent and home expenses, but it can also lead to mess if money is not handled clearly.

Flying High, Earning Low: Will airline profits be hit this year despite soaring domestic traffic?

Thanks to capacity addition and competition, while air traffic is likely to climb in the coming months, load factors aren’t expected to rise significantly.

Tracking expenses is essential, so let’s app it to success

Personal finance is daunting at the best of times, more so for young adults just starting out. With so many expenses to juggle, it's easy to lose track of your spending and end up in debt. That's why it's crucial to develop effective financial habits from an early age.

Kaun Banega Crorepati 16: Amitabh Bachchan takes up expenses of contestant Nareshi Meena's brain tumour treatment

The emotional climax of the episode came when Amitabh Bachchan made an announcement that left everyone in the studio, and likely many viewers at home, in awe. Overcome with emotion, Amitabh pledged to cover the entire cost of Nareshi’s proton therapy, ensuring that she would receive the best possible treatment.

Sebi's total income up 1.55% to Rs 826 crore in FY21

Also, the total expenditure of the regulator rose to Rs 667.2 crore for the year ended March 31, 2021, from Rs 588.14 crore in the previous fiscal, according to the annual accounts of the Securities and Exchange Board of India (Sebi) made public.

Jet Airways freezes salary hikes, introduces variable pay to cut costs

The airline spent around Rs 2,316 crore in FY17 on salaries of 15,000 employees, out of which 2,000 are pilots that account for nearly half of the wage bill. In addition, employee cost was up by 26 percent on a year-on-year basis for the period.

Railways aim to save Rs 41K-cr on energy consumption expenses

Railway Minister Suresh Prabhu today his ministry has drawn up a mission to save Rs 41,000 crore on electricity energy bills over the next ten years by betting big on solar energy, even as it expects to mop-up Rs 17,000 crore through non-fare revenue modes.

International Women's Day 2017 : 3 steps to be a money-wise mom

Mothers should make effort to understand money better. This includes understanding how much money is being earned by the household (including herself and the partner).

Union Budget Series: Bridging the deficit

The fiscal deficit is a measure of the government‘s annual borrowing. The government borrows because its expenses, like those of a household, often exceed income. It raises loans from the market; issues treasury bills and borrows from small savers.

Union Budget Series: Finance ministers and their Budget speeches

Finance in their Budget speeches have often quoted poets, saints, economists and litterateurs to buttress a given political social and economic context.

Union Budget Series: Key takeaway from economic survey

Finance Minister Arun Jaitley presented the economic survey, authored by the chief economic adviser, on Tuesday January 31, 2017. It is an official report on the economy and sets the tone for the Union Budget.

Union Budget Series: Key terms in the Budget

Financial year and assessment year. Financial year (FY) runs from April 1 to March 31 of the next year; assessment year (AY) is the year following the FY. Tax on income earned in an FY is paid during the AY.

Union Budget Series: Parliamentary process

It all begins with the finance minister‘s speech in the Lok Sabha. The Budget is then tabled in parliament. Discussions on the economy and broad Budget measures take place without voting. The parliament then breaks for a three-week recess. Parliamentary Standing Committees give reports on ministries‘ estimates or demands for grants.

Union Budget Series: Making of Budget

The exercise to make the Budget is a long-drawn one. It juggles political pressures, economy‘s priorities and utmost secrecy. Budget work begins in August with a circular to ministries and departments. They reply with details of funds they need.

JPMorgan expects 2017 expenses to rise about 3.4 %

JPMorgan Chase & Co, the biggest U.S. bank by assets, said it expected 2017 expenses to rise about 3.4 percent as it spends more on technology and in signing up new credit card accounts.

Should you opt for 'consultant' status to lower tax outgo?

As a consultant you are required to pay a flat 10 per cent tax on income while an employee is taxed as per applicable slab, the highest being 30 per cent along with surcharge.

1001 Startup Ideas- FinTech startup for payday loans

The startup will be a finance company which shall provide loans to the short term small loan borrowers. It will cater to the market of Individuals who do not have a credit history or have a bad credit history and are employed with a consistent salary record.