Wealth Creation Through Savings, Investments and Growth
- Year of Publication: 2023
- ISBN: 978-93-94163-58-4
- No.of Pages: 737
The book titled as ‘Wealth Creation through Savings, Investments and Growth’ consists of 27 Chapters.
Chapters 1 to 10 describe about the Importance of Money, Expenditure Management, Inculcation of Savings Habits, Financial Planning for different needs of Life Cycle and Effect of Compounding.
Chapters 11 and 12 cover the importance of risk covering of the life and health coverage plans for the self and family. Risk covering is an important aspect, which many persons avoid in buying insurance policies. Risk Covering Products should not be seen from the angle of investments, rather these are the risk mitigation techniques of unwanted hazards.
Chapters 13 to 20 describe about investment products covering the risk-free products (viz: Bank and Post Office Deposits, Government Securities) and risk bearing products (like: Investment in Mutual Funds, Shares, Company Deposits, Bonds).
Chapter 21 deals with the investment in gold related products covering the physical gold, Exchange Traded Fund, Sovereign Gold Bond and its relative pros
and cons.
Chapter 22 deals with the investment in immovable properties, its carrying cost, capital appreciation and taxation aspects.
Chapter 23 specifies the tax savings products as specified under the Income- tax Act, 1961.
Chapter 24 describes the pension related products and its tax treatment.
Chapter 25 gives alarms to the investor to avoid investing in Ponzi Schemes.
Chapter 26 is very much important from the perspective of documentation of Insurance, Borrowings and Investments. No one is immortal. Many a times, it has been observed that investors do not share such details of investments with their spouse/legal heirs and in the event of casualty, the surviving family members do not have proper information and face difficulties in realising the money belonging to their beloved deceased member.
Chapter 27 describes about the planning for legal heirs, which covers the nomination aspects of various investment products and writing of WILL.
Company Secretary & Insolvency Professional
Educational Qualification:
FCS, Ph.D, MBA, AIIB, LLB, LLM (Business Laws), M.Com
Diploma in Corporate Governance (ICSI)
Diploma in Internal Audit (ICSI-NIFM)
Diploma in Bank Management (IIBF)
Diploma in Financial Services (IIBF)
Diploma in Training & Development (ISTD)
Certificate Course in GST (ICSI-NIFM)
Passed the Online Proficiency Self-Assessment Test for Independent Director of IICA
Experience:
- Worked for 30 years in banking domain in managerial capacity in Bank of Rajasthan Ltd and ICICI Bank Ltd. Had privileged of working in the Finance and Accounts Dept., Law Dept., Stressed Assets Management Dept., Planning & Development Dept., Treasury Functions, Board Secretariat, Integrated Risk Management Dept., Process Compliance Manager as well as in branch banking.
- Company Secretary & Insolvency Professional.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
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- Year of Publication: 2023
- ISBN: 978-93-94163-58-4
- No.of Pages: 737
The book titled as ‘Wealth Creation through Savings, Investments and Growth’ consists of 27 Chapters.
Chapters 1 to 10 describe about the Importance of Money, Expenditure Management, Inculcation of Savings Habits, Financial Planning for different needs of Life Cycle and Effect of Compounding.
Chapters 11 and 12 cover the importance of risk covering of the life and health coverage plans for the self and family. Risk covering is an important aspect, which many persons avoid in buying insurance policies. Risk Covering Products should not be seen from the angle of investments, rather these are the risk mitigation techniques of unwanted hazards.
Chapters 13 to 20 describe about investment products covering the risk-free products (viz: Bank and Post Office Deposits, Government Securities) and risk bearing products (like: Investment in Mutual Funds, Shares, Company Deposits, Bonds).
Chapter 21 deals with the investment in gold related products covering the physical gold, Exchange Traded Fund, Sovereign Gold Bond and its relative pros
and cons.
Chapter 22 deals with the investment in immovable properties, its carrying cost, capital appreciation and taxation aspects.
Chapter 23 specifies the tax savings products as specified under the Income- tax Act, 1961.
Chapter 24 describes the pension related products and its tax treatment.
Chapter 25 gives alarms to the investor to avoid investing in Ponzi Schemes.
Chapter 26 is very much important from the perspective of documentation of Insurance, Borrowings and Investments. No one is immortal. Many a times, it has been observed that investors do not share such details of investments with their spouse/legal heirs and in the event of casualty, the surviving family members do not have proper information and face difficulties in realising the money belonging to their beloved deceased member.
Chapter 27 describes about the planning for legal heirs, which covers the nomination aspects of various investment products and writing of WILL.
Company Secretary & Insolvency Professional
Educational Qualification:
FCS, Ph.D, MBA, AIIB, LLB, LLM (Business Laws), M.Com
Diploma in Corporate Governance (ICSI)
Diploma in Internal Audit (ICSI-NIFM)
Diploma in Bank Management (IIBF)
Diploma in Financial Services (IIBF)
Diploma in Training & Development (ISTD)
Certificate Course in GST (ICSI-NIFM)
Passed the Online Proficiency Self-Assessment Test for Independent Director of IICA
Experience:
- Worked for 30 years in banking domain in managerial capacity in Bank of Rajasthan Ltd and ICICI Bank Ltd. Had privileged of working in the Finance and Accounts Dept., Law Dept., Stressed Assets Management Dept., Planning & Development Dept., Treasury Functions, Board Secretariat, Integrated Risk Management Dept., Process Compliance Manager as well as in branch banking.
- Company Secretary & Insolvency Professional.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
