- Financial Consultancy & Services
- Bank Loan Guidance & Services
- Legal & Registration Services
- Tax Consultancy Services
- COMP. MATTERS , GST ETC
Why Do We Need a Plan?
As we ignore to foresee , financial mistakes in our early years have adverse consequences later on. Financial planning is a process which helps the client in achieving his financial goals through proper management of his finances. It helps in setting your priorities and inculcates discipline in your spending habits.
WHY INSURANCE ?
Human life value is the most commonly used methods for calculating the insurance cover. This method takes into account income, expenses, liabilities and assets while calculating either for future needs or the life insurance requirement. It’s the present value (PV) of all future economic contribution made by the insured for his or her family members. If you aren’t adequately insured, it could leave you in financial ruin.
Economic contribution = Annual Income – Income tax paid – Life insurance premium paid for self – self maintenance expenses.
As above if one`s current income is Rs. 6.00 Lacs p.a. and you spend Rs. 1.50 Lacs towards income tax, life insurance payments and self maintenance expenses then your economic contribution towards your family is Rs. 4.50 Lacs (Rs. 6.00 Lacs- Rs.1.50 Lacs). Therefore, your monthly contribution is र 37,500.
This surplus is capitalized at a discounting rate say 8% for the years left for retirement say, 20 years / 240 months
Future Value, in this case is 0
The amount of life cover required as per HLV is Rs. 45.13 Lakhs.
LOGIC OF INSURANCE IS NOT FOR RETURN/ PROFIT BUT FOR PROTECTION OF SELF & FAMILY IN YOUR ABSENCE . SECURE LIFE AS PER YOUR UNIQUE REQUIREMENT PROPERLY
WHY MUTUAL FUNDS AND OTHER SAVINGS ?
Mutual funds are amongst the strong most tax efficient investment options available to investor in India, compared to a lot of other investment options. If we educate ourselves on tax impact of mutual fund investments and plan our mutual fund investments carefully, we will be able to make the most tax efficient investment decisions. You should pay due attention to the impact of taxes on your investments and plan your investments accordingly, so that you achieve your investment objectives by maximizing the post tax returns from your investment. We know , Mutual Fund investment is subject to Market Risk .
But, Investment Portfolio should be reviewed time to time with the Market Situation & Volatility .We are to rearrange our BASKET with Profit Booking as warranted . Again, Investment are to be made for SHORT/ MEDIUM/ LONG TERM as per unique requirement of Self & family . Risk Appetite , Age also matter while Planning Life Cycle of an Investor . U should always consult a qualified FINANCIAL ADVISER for proper Planning of your LIFE CYCLE .
LEGAL GUIDANCE / ASSISTANCE:
We guide and deal in all kinds of legal drafting, Notarial services, affidavits etc. Plead with an unbiased professional ethics by a team / group in a right direction. Property Status searching with status of land.
LOAN GUIDANCE / ASSISTANCE:
By an experienced ( 30 years service in Bank) in loan portfolio as an executive. Presently, empanelled with SBI and other financial institutions for procurement of Loan Proposal, Process & get sanction by the appropriate authorities.
FINANCIAL PLANNERS - PROCESS:
Financial mistakes in our early yrs have adverse consequences later on. Financial planning is a process which helps the client in achieving his financial goals through proper management of his finances.
GST Registration & Services:
In & outs GST guidance, GST Registration & services.
TAX CONSULTANCY / TAX SAVINGS PLAN
Tax planning may seem like a tedious exercise requiring lot of efforts that may make an ordinary investor nervous at the first glance. Equity Linked Savings Scheme (ELSS) offers a simple way to get tax benefits and reasonable return.
We guide and assist in up-to-date tax consultancy by an age old experienced Tax Consultant Firm / Chartered Firm with legal implication and Tax Savings Plan to suit the clients financial plan.