What Actually Happens If You Can’t Pay Your HBA EMI There is no penalty and no late fee, not the way a bank loan default works. Your House Building Advance EMI is deducted directly from your salary by your PSU; you never pay it yourself. If your salary in a given month cannot cover the … Read more
What Is Gratuity and Who Gets It in a PSU? It is not a bonus. It is not a gift from your employer. It is your legal right, a statutory payment you earn by serving an organisation for a minimum period of time. Think of it as a loyalty reward backed by law. The Payment … Read more
The Day Two Nominees Fought Over One Employee’s Money A colleague in my PSU died during his service. He had two wives. The first wife was documented — her details were on record with the organisation from the beginning. The second wife had no paperwork trail with the company at all. After his death, the … Read more