What is Deflation? Why are falling prices bad for your pockets?
Macro Moves

What is Deflation? Why are falling prices bad for your pockets?

Have you noticed you end up spending more money during the sale season? Some retail therapy never hurt anybody, especially when it comes to good deals and low prices. But what if these prices went down consistently? Your instincts and wallet may think it’s a good thing, but economists believe differently. The rising and falling prices have always been one of the most significant indicators of our economy’s performance. We all know and have experienced how rising prices can hurt an economy. But a little inflation is a good thing. Economists would any day prefer a gradual rise over the constant drop in prices. Let us understand why! 

Continue Reading about 4 days ago
You Never Learnt The Actual Law of Demand and Supply.
Macro Moves

You Never Learnt The Actual Law of Demand and Supply.

There are three basic questions in economics; “What to produce?”, “How to produce?” and “For whom to produce?” These questions can be answered by understanding the market demand and supply trends. But have you ever wondered how the market functions smoothly day in and day out? 

Continue Reading about 5 days ago
Legal Ways Of Tax Deductions To Keep You Out Of Jail
Tax Club

Legal Ways Of Tax Deductions To Keep You Out Of Jail

We’ve all heard that with great power comes great responsibilities. But when it comes to taxes, with great responsibility comes great power! This power comes in the form of reduced tax liability and is known as a tax deduction. Interesting right? Let's walk you through this “power training course”.

Continue Reading about 6 days ago
What is Gross Salary? Is your employer stealing from you?
Your Money

What is Gross Salary? Is your employer stealing from you?

The importance of a successful career is ingrained in our heads from a young age. One of the first question that we’re asked as kids is, “What do you want to be when you grow up?”. Do you remember your answer?  While almost all of us have creative answers like astronauts or magicians, most end up in the corporate sector as salaried individuals. Did you know, as of recent stats, about 21.9% of the Indian population account for salaried employees? 

Continue Reading about 8 days ago
What is Tax Credit? (Don
Tax Club

What is Tax Credit? (Don't sulk already!)

What would you call a person who can simply wake up one day and leave for an impromptu vacation or impulsively buy an expensive car? You might call this person privileged and irresponsible and yet, envy him. One could be a billionaire and throw cash at things, but every individual checks, rechecks and sulks before making one payment, tax. It is the one liability that unites humankind with its undesirability, irrespective of the person’s station. In a struggle to find ways to reduce this burden somehow, tax credit is a crutch that can not be ignored. But what exactly is a tax credit? Let's find out!

Continue Reading about 25 days ago