Praveen Varghese Thomas has Published 797 Articles

Discretionary Trust

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 26-Apr-2023 15:30:26

307 Views

Introduction Managing assets requires professional experience and legal advice. Discretionary trust is something that offers just that. It like a tree hierarchy where the trustee heads the trust and the beneficiaries follow. The trustee decides the number of beneficiaries this legal arrangement should have. As fiduciary duty is ... Read More

Contribution Plan

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 26-Apr-2023 15:17:31

258 Views

Introduction A contribution plan is a retirement plan for working class where the employee, and employer contributes a specific amount to the scheme. The invested money gets accumulated as the contributions progress. The returns on this plan are used for fulfilling individual's retirement goals.     ... Read More

Complementary Goods

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 26-Apr-2023 15:05:23

1K+ Views

Introduction Complementary goods, as the name suggests, are those goods that are closely related to one another. Without the presence of one good, the other seems of no use. Have you ever wondered why you buy bread and butter simultaneously or why ink cartridges are sold with printers? The idea ... Read More

Best Investment Options for Senior Citizens

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 26-Apr-2023 14:51:37

198 Views

Introduction Fixed deposits are popular among senior citizens because they are safe and secure. However, there may be better options regarding returns and growth potential. As every person wants a peaceful post-retirement life journey, investing in high-risks can be somewhat a debatable thing. But going with an amalgam of choices ... Read More

Audit Documentation

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 26-Apr-2023 14:30:42

1K+ Views

Introduction Financial audits ensure accuracy and complete transparency of the company's financial records. This examination and evaluation paints the fair picture of the company to the stakeholders and investors, making it easy for taking informed investing decisions. Fig 1: Audit Documentation Besides, these audits also help companies get ... Read More

Annuitant

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 26-Apr-2023 14:15:08

315 Views

Introduction An annuity is a finance product sold by an insurance company. It is a written agreement duly signed and agreed upon between the insurance company and the individual. The individual pays a certain amount of money initially or over time to the insurance company. In return, the insurance company ... Read More

What is the full form of BBC ?

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 24-Apr-2023 10:54:50

307 Views

What is the Full Form of BBC? BBC stands for British Broadcasting Corporation. This is the biggest TV network. It is the world's biggest broadcasting organisation, with origins stretching over several continents. Over 3, 5004 stars are employed full- or part-time, permanently, financially, and in a timely way by this ... Read More

What is the full form of BA ?

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 24-Apr-2023 10:44:25

334 Views

Introduction A Bachelor of Arts (BA) degree is an undergraduate academic degree program that typically takes four years to complete. It is a broad-based degree program that covers a wide range of subjects such as humanities, social sciences, or liberal arts. A BA degree provides a well-rounded education that develops ... Read More

What is the full form of B2G ?

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 24-Apr-2023 10:39:12

1K+ Views

Definition of B2G B2G stands for "Business-to-Government" and refers to the type of commerce where businesses sell products or services to government agencies or entities. This can include procurement contracts, grants, and other forms of government purchasing. B2G transactions are typically more complex and require businesses to navigate government regulations ... Read More

What is the full form of BAMS ?

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 24-Apr-2023 10:33:09

329 Views

Introduction The Bachelor of Ayurvedic Medicine and Surgery (BAMS) is a five-and-a-half-year undergraduate medical degree program that focuses on traditional Ayurvedic medicine and surgery practices and modern medical practices and research. The course covers various subjects such as anatomy, physiology, pathology, pharmacology, ayurvedic principles and practices, and more. ... Read More

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