Financial Planning for Businesswomen and Home Makers

The financial literacy session on “Financial Planning for Business Women and Homemakers” was organized to provide attendees with valuable insights and practical guidance on managing finances effectively in both professional and personal spheres. The session, led by esteemed speakers Anjali Choksi, Chairpersons of the ICAI (The Institute of Chartered Accountants of India) Ahmedabad and Chartered Accountant Nisha Shah, aimed to empower women with the knowledge and tools necessary to make informed financial decisions and achieve financial well-being.

Anjali Choksi and Nisha Shah began by elucidating the concept of financial planning and its importance in achieving long-term financial goals. They emphasized the need for women, whether business owners or homemakers, to take an active role in managing their finances and planning for their future financial security.

The Speakers shared insights into various investment options available to women, including stocks, mutual funds, real estate, and retirement accounts. They discussed the importance of diversification, risk management, and long-term planning in building a robust investment portfolio aligned with individual financial goals and risk tolerance.

Attendees gained an understanding of the tax implications of different sources of income and investment vehicles, as well as strategies for minimizing tax liabilities through proper tax planning and compliance.

As the session concluded, attendees departed with a renewed sense of empowerment and a commitment to financial well-being.