Author: Vishnu Mohan V

  • How Does International Wire Transfer Work: A Complete 2025 Guide

    How Does International Wire Transfer Work: A Complete 2025 Guide

    At moneyHOP, we believe sending money abroad should be simple, transparent, and reliable. That’s why we’ve put together this guide to help you understand how does international wire transfer work so you can make smarter decisions for your global payments. Whether you’re a student paying tuition, a family supporting loved ones, or a business managing…

  • How to Transfer Money from Dubai to India in 2025: Fast, Secure & Cost-Effective Options

    How to Transfer Money from Dubai to India in 2025: Fast, Secure & Cost-Effective Options

    How to transfer money from Dubai to India is a question millions of Indians in the UAE ask regularly. In 2025, nearly 3.9 million Indians live in the UAE, many of whom are based in Dubai and send money home frequently to support their families, cover education expenses, or invest in India. In fact, remittances…

  • What is Dearness Allowance (DA) in Private Companies?

    What is Dearness Allowance (DA) in Private Companies?

    Dearness Allowance (DA) is an allowance paid by government or private employers to employees. It is paid to neutralize the increasing cost of living brought about by inflation. It is calculated on an employee’s basic pay and is revised twice a year depending on the increase in the inflation rate. ‘Dearness’ in DA refers to…

  • 7 Accounts Receivable Process Improvement Strategies

    7 Accounts Receivable Process Improvement Strategies

    Cashflow is the lifeblood of any business. It is essential to keep the business running, and liquidity is a must to pay operational expenses, such as rent, salary, and inventory. Without ample cash inflow, any brand, be it a startup or a multinational corporation, will eventually grind to a halt, though it’s profitable on paper.…

  • All You Need to Know About Student Financial Responsibility Agreement (SFRA)

    All You Need to Know About Student Financial Responsibility Agreement (SFRA)

    The Student Financial Responsibility Agreement (SFRA) is like a guidebook that outlines financial obligations when students sign up for classes at college or university. It underlines how much students need to pay, how they should pay, and what consequences they would face upon failure to make the payments.  Think of it as a heads-up from…

  • 3 Tips to Minimize International Travel Tax in India

    3 Tips to Minimize International Travel Tax in India

    Are you planning an international trip with your family? Then, you should check out the new tax regime upon TCS (Tax Collected at Source) on international travel that came into effect on October 1, 2023. If you purchase international travel packages totaling above INR 7 lakh per fiscal year, either through offline or online booking,…

  • Online Banking Security: What moneyHOP Offer

    Online Banking Security: What moneyHOP Offer

    India is experiencing a rapid surge in online banking due to the growing influence of FinTech. Every 4 out of 5 Indians prefer digital banking through mobile and sense it as highly convenient. Smartphone penetration, the internet at affordable prices, and government initiatives answer why this obsessive adoption. But there is more to these. Let’s…

  • The Advantages of Contactless Remittance Services in a Post-pandemic World

    The Advantages of Contactless Remittance Services in a Post-pandemic World

    COVID-19 changed the way we perceive the world forever. Every aspect of life underwent numerous changes, including how we make payments. When social distancing became the norm, the pandemic predominantly accelerated the shift towards digital and contactless solutions across all industries globally. What is contactless payment? Contactless payment is the process of wirelessly completing a…

  • Professional Tax Slab In Telangana

    Professional Tax Slab In Telangana

    Professional tax is a direct tax levied by state governments in India on individuals earning income through employment, profession, or trade. It’s a contribution to the state’s treasury for the resources and infrastructure used by working professionals. The tax is imposed based on an individual’s income, and tax slabs differ according to the state.  The…