Sejal Shah

Its my passion to provide valuable information over internet to people. I provide knowledgeable information to various groups via various articles. I choose this profession with intension to make people aware of facts and give proper guidance in life.

Importance of Asset Management in an Organization, Business or Company

Why is Asset Management Important? Monitoring and supervising your inventories and other financial asset isn’t just bean-counter busywork. It’s a vital enterprise duty, importance of asset management is to eases hardware and software management, regulatory acquiescence, security and license compliance. So without any second thoughts, a well performed asset management solution can save your company …

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Asset Management – Definition, Role and Purpose of Asset Management Company

Asset Management Definition: Any newbie might struggle with the basis of asset management, the reason is overloaded terminologies. One of the most contented and precise definition of asset management is, “A cost effective system that is accountable for monitoring, deploying, operating, maintaining, upgrading and improvising assets of value to an entity, group or an individual. …

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Personal Financial Assessment Evaluation and Monitoring Techniques

When an individual is done with personal financial assessment, goal setting, budgeting, development of financial plan, and its initial execution, then it does not mean the battle is won. In fact, the difficult part is yet to come. The budget changes every month, the expenditure is always more than expected, market is full of banking …

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Wealth Creation Definition, Strategies, Ideas and Tips

Wealth Creation Definition: Wealth creation means anything which could be owned and controlled, and have monitory value or have the potential to create the monitory value. Assets could be tangible like a car, house, furniture, machinery etc. or intangible like goodwill, copyrights, patents, trademarks etc. For a company, the land, the building, machinery, inventory etc. …

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What is Debt Management? Definition, Strategies, Plans with Examples

Debt Management Definition: A debt management is a contractual agreement between two parties (debtor and creditor) to safeguard their own interest. In simple words, terms and conditions defined by lender to the debtor to repay outstanding debts with pre-defined interest rate and duration of repayment. Probably, this is the most important lesson one has to …

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Types of Insurance offered by Insurance Companies

When it comes to personal finance, the topic just cannot be complete without discussion on insurance. We all know that no buddy knows the future. No one can just tell if someone will be living tomorrow (next day) or not. This is such a high uncertainty. In India, there is either one person earning bread …

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Difference, Relationship, Importance of Savings and Investment in Personal Finance

While dealing with personal finance, setting goals are probably the most important step. And in order to achieve those goals, saving and investment play the biggest role. Savings means keeping money aside for future use. Investing means putting money or buying some assets in expectation that money will grow with the time. Here the intention …

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Income Tax Slab, Deductions, Limitations in India – F.Y. 2020-2021

Most of the people don’t know that they are paying tax on everything. Here we are going see about income tax slab for financial year (FY) 2020-21 under new tax regime as well as under old tax structure, income tax deductions for assessment year (AY) 2021-22, 80C deduction for FY 2020-2021, income tax exemptions, limitations …

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Goals of Financial Management

Introduction to Goals of Financial Management: Once assessment is done and all the current financial facts are on the table, then one can start making plans. In order to give plans a direction; there is the utmost importance of setting goals. Working without a goal is like walking / travelling without having a destination. So, …

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Financial Assessment of a Company or an Individual: Definition, Evaluation

In this personal finance tutorial course we will understand about what is financial assessment? How to evaluate personal finance? How to conduct financial assessment for a company? How to perform individual financial assessment. If a person can perform assessment in the right way, it will benefit individual in planning expenses and savings pretty well. Financial …

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