FnF, which stands for Full and Final, is a financial settlement made between two parties to fully close outstanding dues, liabilities, or contractual obligations. It signifies a complete and final payment towards any amounts owed between two individuals, companies, or organizations.
Parting ways with an employer inevitably involves paperwork to settle accounts. The full and final settlement is the last paycheck and financial settlement between an employer and an exiting employee encompassing all pending dues. But what exactly does the full and...
Basic salary is the principal component of an employee’s salary package in India. It is the foundational amount upon which various allowances, deductions, and benefits are calculated.
Saving taxes is one of the prime financial goals for working professionals and investors in India. And Section 80C of the Income Tax Act provides one of the most useful options to reduce your taxable income and take home more of your hard-earned money. Availing...
