Financial Planning and Taxation (FPT) — Summer 2025

Explain the terms with suitable examples (wherever required)

Estate Planning

Time Value of Money

Asset Allocation

Mutual Funds

Career Advancement

Net Worth

Hindu Undivided Family (HUF)

Explain the concept of Personal Financial Planning (PFP) and evaluate the steps involved in the process of making personal financial decisions.

Discuss long term, Intermediate and short-term financial goals and its importance in financial planning.

Rohit, aged 29, is looking to invest his surplus funds in the capital market. As a risk-taker, what short-term speculative techniques are available to him?

Discuss different types of Non-Life (General) insurances that you would like to include in you financial plan stating the type of risk covered by each.

Describe the life cycle approach to financial planning and examine its stages and how they impact financial decision-making.

Imagine you are planning to invest your savings. Describe the risk and return framework and analyze how it influences the setting of your investment objectives.

Ravi is pursuing a Post Graduate Diploma in Business Management from a management institute. As a fresh entrant into the job market, identify the stages of career planning and outline the strategies for career advancement he should follow. Page 1 of

Explain the retirement schemes in detail like PPF, NPS, Gratuity, Reverse Mortgage, and EPF, Senior Citizen Scheme.

What is Form – 16? Explain its structure and inclusions

What are the different investment options eligible for tax deductions under Section 80C and 80 G?

Explain residential status of a person.

Mr. Sharma, a 45-year-old marketing executive, works for a reputed multinational company. He earns an annual income of ₹15 lakhs and has been diligently saving a portion of his salary over the years. He has two children, ages 12 and 9, whom he plans to send to higher education institutions abroad. Currently, Mr. Sharma’s savings are spread across a mix of mutual funds, fixed deposits, and employee provident funds (EPF). Although Mr. Sharma has been focused on his family’s present needs, he has recently begun to think seriously about his retirement. He hopes to retire at 60 and maintain his current lifestyle. However, he is uncertain if his current savings and investment plans will be enough to sustain him and his family after retirement, especially considering inflation and rising healthcare costs. He seeks advice from a financial planner to help him structure his investments and savings to meet both his retirement goals and his children’s education needs. As a finance student, you are tasked with assisting him in planning his retirement.

Assess Mr. Sharma's current financial situation: What key factors should Mr. Sharma consider when determining if his current savings will be sufficient for his retirement?

Evaluate the investment options: Based on his age and financial goals, what types of investments should Mr. Sharma consider to ensure growth and stability in his retirement portfolio?

Project the impact of inflation: How will inflation affect Mr. Sharma’s retirement corpus over the next 15 years? What strategies can he use to mitigate this risk?