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thumbnail image digital lending has become the need of the hour read how
Digital Lending has Become the Need of the Hour. Read How!

Category : Financial Insights

Poonawalla Fincorp Team • Oct 14, 2023 • 802 views

In todays fast-changing world driven by new technologies, banking and money matters have changed a lot. A major part of this change is digital lending, which refers to the process of borrowing money online. In a growing economy like India, which is home to a diverse population, the needs of different individuals vary, especially when it comes to finances.

thumbnail image what is gst composition scheme
What is the GST Composition Scheme?

Category : Financial Insights

Poonawalla Fincorp Team • Oct 16, 2023 • 1024 views

The Composition Scheme in GST is a special tax system in India for small businesses. It makes paying taxes easier as businesses pay a fixed rate based on their sales turnover. This scheme reduces paperwork and allows businesses to file taxes only once a quarter, instead of every month.

thumbnail image what is working capital turnover ratio
What is the Working Capital Turnover Ratio?

Category : Financial Insights

Poonawalla Fincorp Team • Oct 12, 2023 • 981 views

In the world of finance and accounting, there are several tools that help businesses understand how well they are doing financially. One important tool is the Working Capital Turnover Ratio. It helps us see how good a company is at using its money for everyday operations.

BH Registration Tax Amount
Road Tax Amount for BH Registration Vs Normal Registration

Category : Financial Insights

Poonawalla Fincorp Team • Sep 20, 2023 • 47653 views

The road tax is often charged by both the State Government and the Central Government to the citizens and is collected in various methods. The road tax rules differ from state to state. This causes a few changes in tax rates when moving between Indian states, especially for govt.

Eligibility For BH Series Number Plate
How to Get a BH Number Plate: Eligibility, Registration & Cost Required

Category : Financial Insights

Poonawalla Fincorp Team • Sep 20, 2023 • 1493 views

In India, relocating to another state or city is easy. But if you are planning to take your vehicle as well, it is mandatory to re-register your vehicle with that state or city.

Benefits of BH Registration
Features and Benefits of Bharat Series (BH) Number Plate

Category : Financial Insights

Poonawalla Fincorp Team • Sep 18, 2023 • 5950 views

The Ministry of Road, Transport and Highways (MoRTH) introduced the Bharat series in 2021 to streamline vehicle registration. The Bharat Series number plates, also known as BH number plates, aim to simplify the process for individuals who relocate from one state to another in India.

thumbnail image What is Debt Snowball Method
What is Debt Snowball Method & How to Repay Debt by Using Snowball Method?

Category : Financial Insights

Poonawalla Fincorp Team • Aug 29, 2023 • 1044 views

Debt can be a huge burden that affects ones financial well-being and peace of mind. For many individuals, getting out of debt becomes a top priority, but the process can seem overwhelming.

thumbnail image Better to Take Loan or Use Your Savings
Is it Better to Take a Loan or Use Your Savings?

Category : Financial Insights

Poonawalla Fincorp Team • Aug 23, 2023 • 1043 views

Taking a loan vs. using savings is a never-ending debate for individuals. There is no perfect choice between taking a loan vs. using savings. Both these options are viable as per personal choices and financial requirements.

thumbnail image Credit Review
Credit Review - Meaning, Purpose, and How Does It Work?

Category : Financial Insights

Poonawalla Fincorp Team • Aug 25, 2023 • 1078 views

In the financial world, credit review plays a pivotal role in determining an individuals or a businesss creditworthiness. This comprehensive evaluation conducted by lenders and financial institutions allows them to assess the risk involved in lending credit and make informed decisions regarding loan approvals, interest rates, and credit limits.

thumbnail image 6 Crucial Debt Management
6 Crucial Debt Management Tips to Learn in 2024

Category : Financial Insights

Poonawalla Fincorp Team • Jan 10, 2024 • 1032 views

Over the past couple of years, the number of people applying for some form of credit has increased due to a host of different factors. Most of this is usually attributed to the economy picking up and more people borrowing credit.

thumbnail image What is micro credit
What is Microcredit - Definition, Types and How It Works

Category : Financial Insights

Poonawalla Fincorp Team • Aug 20, 2023 • 1831 views

Microcredit, also known as microfinance, is a financial service that provides small loans to low-income individuals or groups who have limited access to traditional banking services. It aims to alleviate poverty, promote entrepreneurship, and empower individuals to start or expand their small businesses.

thumbnail image What is Credit Repair How Do Credit Repair Companies Work
What is Credit Repair - How Do Credit Repair Companies Work?

Category : Financial Insights

Poonawalla Fincorp Team • Aug 18, 2023 • 987 views

In todays world, credit plays a vital role in our financial lives. It influences our ability to secure loans, obtain favourable interest rates, and even rent an apartment. However, a less-than-stellar credit history can hinder these opportunities, making it challenging to achieve financial goals. This is where credit repair comes into the picture.

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