Thursday, June 18, 2020

CEO of Patanjali Ayurved, the fastest growing FMCG firm. He’s also an Ayurveda practitioner.

he question, which are the highest paying jobs in India, often arise in our minds. We sometimes wonder whether we’re in the wrong profession or career, especially when our income isn’t sufficient to keep pace with skyrocketing prices of everything.

Understandably, there are lots of the highest paying jobs in India.

While most people believe that the highest paying jobs are usually for highly qualified persons, I beg to differ. Personally, I believe it’s our skills that help us get higher salaries rather than mere academic qualifications.

Therefore, I’m presenting this list of the top 10 highest paying jobs in India. Some of these would either amuse or even surprise you.

Top 10 Highest Paying Jobs in India
highest paying jobs

This list of highest paying jobs in India is based upon various parameters. They include net worth, monthly or annual income and nature of work. So be ready to be pleasantly surprised or amused at these highest paying jobs in India.

1. Spiritual Leader
Working or becoming a spiritual leader is the highest paying jobs in India. Whether you’re a spiritual leader on own merit or work for some spiritual organization, there’s no other profession that can send your net worth skyrocketing.

Acharya Balakrishna, an associate of Yoga guru Baba Ramdev is the richest spiritual leader in India. He’s also the editor of Yog Sandesh Magazine and CEO of Patanjali Ayurved, the fastest growing FMCG firm. He’s also an Ayurveda practitioner.

With an estimated net worth of US$.1.5 billion, Acharya Balakrishna is the richest spiritual leader in India. In fact, most spiritual leaders of India feature in Forbes and Fortune lists as richest persons in this country and the world.he question, which are the highest paying jobs in India, often arise in our minds. We sometimes wonder whether we’re in the wrong profession or career, especially when our income isn’t sufficient to keep pace with skyrocketing prices of everything.

Understandably, there are lots of the highest paying jobs in India.

While most people believe that the highest paying jobs are usually for highly qualified persons, I beg to differ. Personally, I believe it’s our skills that help us get higher salaries rather than mere academic qualifications.

Therefore, I’m presenting this list of the top 10 highest paying jobs in India. Some of these would either amuse or even surprise you.

Top 10 Highest Paying Jobs in India
highest paying jobs

This list of highest paying jobs in India is based upon various parameters. They include net worth, monthly or annual income and nature of work. So be ready to be pleasantly surprised or amused at these highest paying jobs in India.

1. Spiritual Leader
Working or becoming a spiritual leader is the highest paying jobs in India. Whether you’re a spiritual leader on own merit or work for some spiritual organization, there’s no other profession that can send your net worth skyrocketing.

Acharya Balakrishna, an associate of Yoga guru Baba Ramdev is the richest spiritual leader in India. He’s also the editor of Yog Sandesh Magazine and CEO of Patanjali Ayurved, the fastest growing FMCG firm. He’s also an Ayurveda practitioner.

With an estimated net worth of US$.1.5 billion, Acharya Balakrishna is the richest spiritual leader in India. In fact, most spiritual leaders of India feature in Forbes and Fortune lists as richest persons in this country and the world.
he question, which are the highest paying jobs in India, often arise in our minds. We sometimes wonder whether we’re in the wrong profession or career, especially when our income isn’t sufficient to keep pace with skyrocketing prices of everything.

Understandably, there are lots of the highest paying jobs in India.

While most people believe that the highest paying jobs are usually for highly qualified persons, I beg to differ. Personally, I believe it’s our skills that help us get higher salaries rather than mere academic qualifications.

Therefore, I’m presenting this list of the top 10 highest paying jobs in India. Some of these would either amuse or even surprise you.

Top 10 Highest Paying Jobs in India
highest paying jobs

This list of highest paying jobs in India is based upon various parameters. They include net worth, monthly or annual income and nature of work. So be ready to be pleasantly surprised or amused at these highest paying jobs in India.

1. Spiritual Leader
Working or becoming a spiritual leader is the highest paying jobs in India. Whether you’re a spiritual leader on own merit or work for some spiritual organization, there’s no other profession that can send your net worth skyrocketing.

Acharya Balakrishna, an associate of Yoga guru Baba Ramdev is the richest spiritual leader in India. He’s also the editor of Yog Sandesh Magazine and CEO of Patanjali Ayurved, the fastest growing FMCG firm. He’s also an Ayurveda practitioner.

With an estimated net worth of US$.1.5 billion, Acharya Balakrishna is the richest spiritual leader in India. In fact, most spiritual leaders of India feature in Forbes and Fortune lists as richest persons in this country and the world.

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erefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.
Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.Commerce – the evergreen field used to have only a couple of options to pursue. With the change in times, one can find that there are numerous choices available for student to study further.

For starters, students opt for B.Com or BBM or BBA soon after completing their class 12 in commerce stream. You can read our article career options in Commerce to know various career choices in commerce.

This article mainly talks about the various courses available for students who has completed B.Com.

You can choose between B.Com and B.Com (Hons) soon after completing your class 12th. B.Com (Hons) is not available in all the colleges, but only a few.

Also, the level in B.Com (Hons) is higher than in B.Com with the subjects being more detailed, therefore choose wisely. So, soon after completing B.Com, here are some options for post graduate studies.

1. MBA – yes, the well known and most commonly pursued course is MBA. In most universities and institutions, admission for MBA is preceded by an entrance test, group discussion and interview. This course will bring across many managerial jobs.pg_courses_commerce

2. CA – One of the other options is Chartered Accountancy, which is a very good course that is defines one’s career. As a chartered accountant, one can start off on their own or join any chartered accountancy firm to kick start their career.

3. CS – Company secretary, is yet another option available for students of B.Com. On completion of this course, one can find their way into any corporate company in the role of a company secretary.

4. Financial management – one can choose to pursue a course in financial management. This course gives students an edge in their careers as financial analysts, investment bankers or even corporate finance.

5. Cost accounting – there’s a fine line between Cost accountancy and Chartered Accounting, since the subjects covered in both the topics are the same. A cost accountant will help in estimating the costing for the financial year and prepare budget, whereas a chartered accountant will be entrusted with auditing.

you will get only a maximum of Rs.100,000 per account if a bank closes down for any reason.

If you have more than one account at the bank, the DICGC will pay Rs.100,000 or lower for every account. That’s because every account has separate insurance. For example, if you have one account with Rs.150,000 deposit and another with Rs.10,000, the maximum you’ll get is Rs.100,000 for the first and Rs.10,000 for the second.
Secondly, the bank will not pay you the money directly. Instead, the liquidator or organization that a court appoints will process your claim and pay the money. This money comes from DICGC. Therefore, you will not get money directly from DICGC either.
Thirdly, the amount of Rs.100,000 or lesser will be paid within two months of the closure of the bank. The process to close a bank is pretty long. This means, it’s only when RBI declares a bank as closed and an appropriate court appoints a liquidator, you can get the money.
You have to submit all documents that prove you hold an account with the bank under liquidation. The liquidator can take time to check your documents and validate your claims. This time is necessary because closure of a bank affects tens of thousands or even millions of customers.
As the above information clearly indicates, you will get only a maximum of Rs.100,000 per account if a bank closes down for any reason.

I suggest you read these guidelines of DICGC to know how safe is your money with banks in India.

There are countless reasons for bank frauds. These include lax vigilance of internal systems, frauds in Know Your Customer (KYC) documents by customers and lots more.

How Safe is Your Money at Banks in India?
Under existing laws of India, all commercial banks operating in this country- including foreign banks- have to get a license from the Reserve Bank of India and other relevant departments of the Indian government.

Therefore, every bank has to insure itself with the Deposit Insurance & Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India. Remember, no bank can operate in this country without an insurance from DICGC.

And DICGC plays a very important role to ensure your money is safe with banks in India. However, there’s a limit to the safety of your money with banks in India.

Role of DICGC & Safety of Your Money
DIGCG covers all your Savings, Current, Recurring Deposit, Fixed Deposit and every other account you hold at any bank in India.

However, DICGC will pay you only a maximum of Rs.100,000 per account if the bank has to close down for any reason.

Let me explain this further.

Getting Rs.100,000 from DICGC
Though DICGC insures every bank and their depositors, getting the Rs.100,000 or lesser usually takes some time. Therefore, I suggest you read these guidelines of DICGC to know how safe is your money with banks in India.

Scams & Frauds Affecting Banks in India

As a result, a business might find itself unable to pay salaries or even rent for their offices or other facilities.

If we look at the broad picture, a bank scam or fraud affects the entire Indian society directly or indirectly.

How? Continue reading. I’ll show you with facts and figures how bank scams affect us.

Scams & Frauds Affecting Banks in India
If you think that frauds and scams are rare in India and happen occasionally, think again. Here’s why.

As many as 53,334 frauds hit banks in India from Financial Year (FY) 2009-2010 to FY 2018-2019, says the regulator, Reserve Bank of India. Banks in India lost whopping Rs.2.05 trillion due to these frauds and scams.

Major Public Sector Undertaking or nationalized banks, private and cooperative banks as well as the new generation Small Finance Banks were affected by scams and frauds, the RBI report adds.

During the first quarter (Q1) of FY 2019-2020, banks in India lost Rs.32 billion. This amount was lost in a short span of three months- from April 1, 2019 to June 30,2019, according to Reserve Bank of India figures.

By Q2 of fiscal year 2019-2020, the amount stood at staggering Rs.72.5 billion. About 90 percent frauds were at nationalized banks- which is something shocking.

Reasons for Bank Frauds
While every bank implements stringent rules and regulations prescribed by RBI, scammers and fraudsters often find a ways and means to overcome these.
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