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How we at CRED are responding to the COVID crisis

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at CRED, we have always believed in the power of the community. of people coming together and making the impossible happen. we see it everyday at CRED, as our team works from all across the country. we see it now, as so many of you are showing up to help each other and mobilize resources.  in a time of crisis like this,  here’s how we’re directing our resources to support our community: procuring...

Meet the CRED member who won a Mercedes-Benz GLC Coupé

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On 24th October, we launched a raffle on CRED. The idea was simple, our members could earn CRED coins by paying their credit card bills on time, and use those coins to participate in the raffle where they had the chance to win a Mercedes-Benz GLC Coupé. Sangeeta Khanna, a celebrity makeup artist from Mumbai, was announced as the winner of this raffle , on 8th Novemeber. As far as having your good...

The LTC cash voucher scheme: a secret way to save up on income tax

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the finance minister announced changes to the attractive LTC scheme (leave travel concession cash), allowing government and private sector employees to claim the LTC fare exempt from income tax. what is it? the LTC scheme originally allowed for tax exemption on the expenses for travel (air, rail or bus fare) to any place in India.  since travelling is not a preferred option for most in the midst...

The 2021 Union Budget is a comma and not an exclamation point

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At 11am, when Nirmala Sitharaman started to read out the budget, she spent the first 25 minutes going over what the government had announced just five months ago. If you really think about it, this is the Finance Minister’s fourth budget in the past year.  The first was the 2020 union budget last February. The second was during the lockdown when the government said they were pumping cash...

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