Geojit Financial Services Branch Manager Interview Questions and Answers

Financial planning means creating a roadmap to achieve financial goals by managing income, expenses, and investments.

• It involves setting financial goals and creating a budget to achieve them

• It includes managing debt and creating an emergency fund

• It involves investing in stocks, bonds, and other assets to grow wealth

• It requires regular monitoring and adjusting of the plan as needed

• Example: Saving for retirement, buying

Increased sales revenue, implemented cost-saving measures, led successful team projects.

• Increased sales revenue by 25% through strategic marketing campaigns

• Implemented cost-saving measures resulting in a 15% reduction in expenses

• Led successful team projects resulting in improved productivity and customer satisfaction

Failed to meet sales targets, poor communication with team, missed project deadline

• Failed to meet sales targets despite efforts to increase marketing and promotions

• Poor communication with team led to misunderstandings and delays in project completion

• Missed project deadline due to underestimating the scope of work and lack of proper planning

Withholding tax is a tax deducted at source from payments made to non-residents for services rendered in Singapore.

• Withholding tax rate is typically 15% but can vary depending on the type of payment and the tax treaty between Singapore and the non-resident's country

• Payments subject to withholding tax include royalties, interest, technical services, and director's fees

• The payer is responsible for withholding the tax and...read more

PIC benefits are tax incentives provided by the Singapore government to encourage businesses to invest in productivity and innovation.

• PIC stands for Productivity and Innovation Credit

• It provides tax deductions or cash payouts for qualifying expenses in areas such as research and development, automation, and employee training

• The scheme has been replaced by the Enterprise Development Grant (EDG) and the Enhanced-Tier Inc...read more