Tag: cash crunch

Increase in variable pay stokes fear of uncertain cash flows among employees

As companies struggle to survive and reduce costs amid the covid-19 crisis, a lot of them are changing the pay structures of employees by increasing...

RBI allows banks to restructure retail loans

Though the Reserve Bank of India (RBI) did not extend the moratorium in its monetary policy review on Thursday, it allowed banks to restructure the...

Know the process, tax implication and impact on corpus

As layoffs and pay cuts rise across sectors, a large number of people are dipping into their Employees’ Provident Fund (EPF). According to the latest...

Maruti Suzuki, HDFC Bank’s flexible car EMI options come at a cost

Maruti Suzuki India Ltd, India’s largest carmaker, has partnered with HDFC Bank Ltd to offer flexible equated monthly instalment (EMI) options to new car buyers....