SAP FI Certified Consultant having 5+years of domain exp. in Finance and Marketing...

Company: ANJANA POLYMERS Pvt. Ltd.
Designation: Accountant
Duration: Jul 07 till date

Job Responsibilities:

Handling of Accounts i. e. Bank, Cash, Employee Related Expenses
Create a Purchase Order, Good Receipt Note & Purchase Accounting
Liaising with Vendors, Debtors.
Maintaining Reconciliation statement of Stock

Company: TATA-AIG Life Insurance Company Pvt. Ltd.
Designation: Insurance Advisor (Life)
Duration: Jun 04 Jun 07
IRDA License Certified Insurance Advisor.

Job Responsibilities:

Finding the customers who dont know about Life Insurance.
Telling the customer to invest in which policy and in what way he/ she getting rebate by investing in Life insurance policies, how it is reflecting his/ her income.
Not only this how is going to get his/ her returns through this Life Insurance policy.
Consider all his/ her ability to pay the premium for policy advising him/ her to invest in Life Insurance.

Giving the best financial advice in order to save his/ her tax payables by considering their income of that particular financial year.

MBA PROJECT EXPERIENCE:

Title: Tax Planning Through Life Insurance Product for TATA-AIG Life Insurance Company Pvt Ltd.

Description:

There are few sections in INCOME TAX ACT -1938 we can save the tax payable under various income levels.
Sec 80ccc, sec 88, sec 80d etc., under INCOME TAX ACT-1938 for the assessment year 2003-2004.
Suggestions given by me which are going to Implemented by the IRDA after completion of project:
Introduce low premium policies, which cover high risk.
Introduce low premium policies with high returns.
Introduce low premium policies in rural areas because in our India most of the people from middle-income group.
Introduce new health policies, which cover high risk.