Sunday, September 25, 2011

The Indian Institute of Financial Planning - A Market Leader in Financial Planning Education

IIFP provide an education that is contemporary, industry responsive and relevant to current needs of the corporate community. He is fast building itself a prominent center of financial planning education in India. Financial planning is a process to establish a comprehensive overview of the financial needs of individuals and providing solutions to better manage your finances and what products are selling well. IIFP is also an authorized education provider of Financial Planning Standards Board India (FPSB India) for CFPCM Certification. FPSB India is a public private enterprise to promote personal financial planning in India. It is empowered to grant Certification in India CFPCM FPSB, Denver, USA. CFP certification is considered the most global financial planners and wealth managers. FPSB India is patronized by 46 organizations in the financial sector, including SBI, ICICI and Kotak Group, Deutsche Bank, Citi Bank and Life Insurance Corporation of India. IIFP Kush is the Education Society, which has been running successfully in Delhi Public School Varanasi in the last several years. Society is to promote an eminent industrialists and educationists. IIFP 'core strength is a brilliant faculty and a former finance professionals who guide their mission faculty and student services. Institute, headed by Mr. Niamatullah, CFPCM, former MD of SBI mutual funds, and former vice-chairman FPSB India. Th education was launched in India in 2002 under the auspices of AFP (which is now rechristened the FPSB India), Mr. Niamatullah. IIFP offers a variety of courses in financial planning, including CFPCM curriculum and to attract fresh graduates, students from colleges in Delhi and other cities as well as business executives and the insurance and mutual fund advisers who want to pursue a career in financial services and / or upgrade their knowledge international standards. IIFP "modes of distance learning courses are offered in class as well as the potential end of the week and day schedule of teaching to suit the convenience of joining any one of these courses. Generally, these courses have been completed 6 months and during that time all the way to CFPCM Certification exams can be completed. A person who has experience with all the options available CFPCM at the end of this period.

CFPCM The curriculum consists of the following six modules: () Risk Analysis and Insurance Planning (2) Retirement Planning & Employee Benefits (3) Investment Planning (4) Tax planning and estate planning

There is only one of five exams every two to six modules, Module 1 20% weightage to each of the five examinations. Passing is 60 percent without the negative label and all examinations and the questions were designed to follow the same line. Successfully clearing the exam is an Associate Financial Planner certification shall be examined. At the same time, 3 years experience in the financial sector is a mandatory requirement for CFPCM characters. More importantly, all certificants CFPCM need to fill an obligation to follow the professional code of ethics, FPSB India.

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Saturday, September 17, 2011

Report From the Institute for Policy Studies on Corporate Taxes

The report was issued by the Institute for Policy Studies in response to an investigation that takes place at various Top Corporations in the United States revealed that some of these companies its top directors earn more than many corporate taxes! The survey, which took place in mid-2011 was aimed at checking how the directors got in comparison with other expenses of these corporations. From these surveys, various questions concerning the operation of the leading companies in the United States.

The difference between the income the CEO and other employees from receiving

Report on the survey showed that many of these directors earned more than other employees in the organization. According to the report, the compensation of directors of these companies outmatched that regular U.S. income working in the 325-to-1, this ratio was significantly higher in comparison with 2009 the number of 263-to-1.

Cases of tax evasion

According to reports, many of these leading corporations use all possible loopholes in the tax code to pay as little tax as possible. Companies use such spaces are accelerated depreciation to reduce the amount of taxes to be paid.

Offshore Income

According to the report, many international companies that were part of a survey held a large portion of their profits to foreign accounts to avoid paying any taxes. This, they say, denied that the government taxes, if not paid.

The tax code allows a company with international subsidiaries to their foreign profits tax-free accounts. Corporate taxes on profits abroad, these companies are only applied once the repatriation of funds into the country.

Congress Called to action

In its report, the recommendations of the Institute suggested that Congress work to seal various spaces available in the tax laws that allow these companies to avoid paying taxes. They also suggested that the shareholders of these companies, most of which the public will have a greater say in decision-making businesses. By the constitution felt it would be monitoring these companies and CEOs would pay her exaggerated.

Critics of the report

However, based on recommendations by the constitution, critics have downplayed the comparison between income CEOs and legal persons and compensation to other workers. Many argue that if the company remains profitable to the extent that shareholders are happy, then the CEO is entitled to his hefty paycheck. They argue that some of the companies in the survey actually beat the market and shareholders do not care that Uncle Sam was denied money - if their share price is rising. They also argued that the incentives in the tax code there be an advantage and if the company optimized the opportunities in the tax code legally avoid paying taxes, excessive, then the company and directors should not be punished or displayed in a bad light.

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Friday, September 9, 2011

German Certificate - Success Through Goethe Institute Exams

German speakers can communicate easily over one hundred million Europeans in their native language. They also have access to the labor market. Therefore, knowledge of the language must be confirmed, such confirmation from the Goethe Institute.

Nemecká Certificate (Zertifikat Deutsch), a test on the road to better Germany, which can be downloaded at the end of primary course at the Goethe Institute. This certification was based on cooperation with the German-speaking countries and neighboring countries like Austria and Switzerland.

Requirements for this certificate is that it has received 400 to 600 hours of instruction (each forty-five minutes). This represents several months of intensive course. Goethe Institut also for its students, a library and room for independent learning.

A candidate found to have solid basic skills in colloquial language. It also contains interviews about everyday situations where they can participate. It is also able to express, orally and in writing, simple facts of daily events, and understand texts that concern them.

German certificate is peace in the world wide recognition and credentials will be accepted as a basic knowledge of German language in private and public employers. In Germany, it is recognized as a proof of knowledge of German to obtain German nationality

The test consists of five phases: text reading comprehension, grammar, listening, writing and oral examination. The written test takes about two and a half hours and oral, fifteen minutes. You should be well prepared for the test. On the website you will find the Institute of tests and exercises with them. It is very important to practice listening to dialogues and reading texts aloud pronunciation exercises. Among the evaluation phase is quite a break, of course.

The test is conducted at least once a year at test centers abroad. The centers of the Goethe Institute in Germany at the end of the basic course. If you plan to attend any of these tests would be a good sign as soon as possible.

Accurate reports on the details, terms and costs of tests to further questions, are available in each of the Goethe Institute. You can contact them via e-mail and get an answer as soon as possible. For more information on the Internet.

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