Accountancy & Financial matters Management blogs

by Muhammad Salman Khan. In March 2020 here in Pakistan and surrounding countries of South East Asia and other regions of the world, governments announced their policies to prevent and control the pandemic of Coronavirus and almost begin with the lockdowns in cities or in strategic areas. That was a completely unexpected event, no one was ready for it, especially the progressive employees or those who were very near in time of request for their annual increments or revision in salary packages. Now many employees in shocked and disrupted, that’s a wakeup call to leave the comfort zone, control your personal expenditures and use your self-assessment skills with the big questions and professionally make your skillset more strengthen. That makes you able to be more focused and work with more devotion in your industry. But be optimistic this is an opportunity. Yes, the pandemic has increased the uncertainty and caught us red handily unprepared i.e. psychologically , financially ...

As Secretary-General with Chamber of  Commerce and Industry , on a daily basis, I am receiving phone calls and meeting many peoples from different backgrounds according to their skills and expertise in different industries. Federal and Provincial Governments announced their budget and the present slowdown economy affected the National GDP and economy very badly. According to the publicly announced budget and data from the Planning Commission of Pakistan and the Ministry of Commerce the reported growth rate in the industrial manufacturing sector 0.3. That is too much panic and the mentioned statistics badly affected the national growth. The impact on the services sector is too much high and almost many people, ex-colleagues, friends and family members in social circle lost their jobs or in some cases, they were not paid by their employer since last two months in many cases employer deducted the huge portion from the percentage of their salaries. We all are observing the sa...

Possible Mistakes in Buying an Insurance Plan or Policy:                 InsurancePolicy or Plan selection and buying is a difficult policy and many people make mistakes in buying of it. Many People take many advantages through it and they are the role models to their communities. Because they are enjoying the financialfreedom and many more benefits from it. But there are many points which we need to know and avoid the most common and possible mistakes during the buying of insurance plan or policy. The most possible mistakes which a common buyer face are as follows: 1.        Every buyer need to identify his life future goals objective and to understands his future life strategic plan. Because mostly buyer not know that Why they are buying the policy? What are their motives?   and What they want Investment or Protection or both? 2.   ...