Tag: managing finances
-
What Is Dearness Allowance (DA) In Private Companies?
—
by
Dearness Allowance (DA) is compensation provided to employees by either government or private sector employers. It aims to offset the increased cost of living from inflation. This allowance is calculated based on an employee’s basic salary and typically undergoes biannual adjustments in response to changes in the inflation rate. The term ‘Dearness’ in DA refers…
-
Unlocking The Potential of Private Money Lending in Hyderabad
—
by
Hyderabad is often recognized as the City of Pearls and it welcomes new businesses, but availing loans can be a daunting task. That’s where the private lenders step in. They work in a traditional way, and they also help people who have existing credit lines or small businesses. In recent times, the pandemic has made…