How to begin career in banking & finance?
If you are fresh out of school and wonder how to embark on a career in banking or finance sector, here is the guide to help you beginA After completion of school final exam ie SSC/ CBSE/ ISCE, a student can build his career plan in the following way. Intermediate (10+2) with Maths, Economics & Commerce as core subjects with CA-CPT. Degree in distance learning mode with diploma in Banking and Finance and Certified Financial Planner Certification. Diploma in Banking & Finance: The hottest finance course which provides excellent job opportunities in banks is Diploma in banking & finance. In view of the huge current as well as potential demand for the professionally qualified manpower for the banking and finance sector, and to ensure a steady stream of industry-ready professionals at the entry-level, Indian Institute of Banking and Finance has designed this course as professional qualification who aspire for a career in banking and finance. IIBF will host on its website details of all the successful candidates and make it available to its member Banks / Institutions which include Reserve Bank of India, State Bank of India, Public Sector Banks, Private Sector Banks, Foreign Banks, Co-operative Banks and IT / BPO companies providing services to banking industry, for considering them for employment. Indian Banks Association (Iba) has approved diploma in Banking & Finance Examination conducted by Iibf as a desirable qualification along with other prescribed entry level qualification for recruitment in banks. Salient Features *Diploma in Banking & Finance will impart banking and finance knowledge and skills together with technology-familiarity and customer-orientation. *Candidates undertaking the course will have comprehensive and up-to-date knowledge in the subject of banking and finance. The Diploma offers practical insights into the subjects while, at the same time, emphasises robust theoretical foundation. *The course will make the candidates job ready. *The course is so designed that most employers would value it for talent scouting. *This will ensure that banks can reduce their post recruitment training intervention. *The diploma carries professional recognition among the banking and finance community as it is equivalent to banking industry recognised JAIIB qualification of IIBF. *The certification is backed by a system of high professional standards of the Institute. Eligibility Required is that the candidate should have passed in Intermediate (10+2) . filing income tax returns Most common mistakes while filing Income Tax Returns 1. Selecting wrong ITR form: The most common mistake which an assessee commits is choosing the wrong form for filing tax returns. 2. Not disclosing all incomes: While most salaried taxpayers seek to disclose only their salary income, it is important to report income for other heads, such as savings bank account income, income from house property etc. 3. Not signing the form: Signing on tax return is a vital requirement to be undertaken by an assessee. Generally, assessee are in a hurry to file income tax return and they forget to sign & submit the tax returns 4. Entering wrong information: Entering wrong PAN Number or missing one character in the PAN Number, the form cannot be processed 5. Not holding copy of the return: Copy of Income tax return and acknowledgement should be maintained by you as it would be helpful in ensuring rectification of mistakes 6. No filing at all: Filing tax returns is in your own interest. Tax filing helps you in availing any kind of loan, visa and immigration processing, income proof / net worth certificationA Employees should file their tax returns on or before July 31 using Form no ITR-1. While filling tax return one should avoid the above mistakes. Please don't forget to furnish your bank account details correctly so as to get the refund directly to your bank account.