B.Com210 Personal Financial Planning GGSIPU B.Com 4th Sem NEP 2024-25 Notes

Unit 1 [Book]
Financial Goals VIEW
Meaning and Importance of Financial Planning, Steps in Financial Planning VIEW
Budgeting, Meaning, Importance and Objectives VIEW
Important Dynamics of Personal Finance: Income, Expenditure, Savings, Savings Vs. Investment, Inflation and Time VIEW
Value of Money VIEW
Management of Spending and Financial Discipline VIEW
Unit 2 [Book]
Investment Planning, Objectives VIEW
Risk- Return Trade-off VIEW
Power of Compounding VIEW
Investment Options VIEW
Asset Allocation VIEW
Portfolio Management VIEW
Other Investment Avenues such as Stocks, Bonds, Mutual Funds, Real Estate, etc., and Financial Planning VIEW
Various Financial Institutions VIEW
Modes of Personal Financing VIEW
New Age Investment Options VIEW
Investor Grievances VIEW
Unit 3 [Book]
Retirement Planning, Need, Principles and Objectives VIEW
Sources of Retirement Cash VIEW
Pension plans available in India VIEW
Estate Planning VIEW
Public Provident Fund VIEW
Life Insurance tools for Financial Planning, Different Schemes and their Implications, Benefits, and Limitations VIEW
Unit 4 [Book]
Personal Tax Planning, Scope VIEW
Tax Structure in India for Personal Taxation VIEW
Basics of Tax Assessment for an individual, Deductions and Exemptions available to an individual VIEW
Avenues for Tax Savings for an Individual VIEW
Tax avoidance versus Tax Evasion VIEW

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