Financial Literacy and Investment Behaviour of IT Professional in India

Abstract

IT sector plays a vital role in its contribution towards India’s GDP Savings and investments are imperative for fast-tracking economic growth and taking India to greater heights. The Purpose of this research is to understand the saving and investment behaviour of the IT professionals. There are various dimensions of savings and investment behaviour such as features of investment planning, determinants of investment preferences, IT Professionals have different mindset when they decide about investing in a particular avenue and they want his saving to be invested in most secure and liquid way. Though, the decision varies for every separate depending upon their risk aptitude. Their investment objective also differs from financial stability to additional income and so on. This paper attempts to find out the factors accountable for increased investing activities among young professionals. The current has studied the investment behaviour of IT investors by using a structured survey and this study inspects Behavioural Factors influencing towards Investment p among IT Professionals.

RETRACTED: An empirical assessment of financial literacy and behavioral biases on investment decision: Fresh evidence from small investor perception

“…On the other hand, having a solid grasp of the fundamentals of money can make it easier for investors’ to take charge of your financial situation and make sound financial decisions. It will also assist investors in efficiently administrating money, making sound financial choices, and attaining financial stability ( Qamruzzaman and Jianguo, 2016 ; Shaik et al, 2022 ). To make informed investment choices, one must consider all relevant information consistent with the efficient market hypothesis.…”

El Perú como paraíso fiscal ante el delito de lavado de activos

“…De igual manera , estas normativas son necesarias puesto que cada transacción al no ser supervisada por una entidad que resguarde la legalidad financiera esta expuesta a movimientos ilícitos (Akintoye, et al 2022) indica que si la circulacion financiera de un pais no cuenta con una debida regulacion esta puede verse afectada por actividades ilegitmas las cuale traerian estragos como la defraudacion, falsificacion y otros delitos.Ahora bien, cabe señalar quees necesario tener normativas actualizadas y que esten dentro de los paramettros que indican los acuerdos internacionales, de esa forma existira un mejor orden. Continuando, con la revision de informacion tenemos como objetivo especifico analizar y determinar si las normativas económicas y tributarias peruanas pueden contrarrestar las inversiones y transacciones fantasmas, para ello primero señalaremos que la inversión es la fluidez dineraria y patrimonial que es colocada ya sea en una empresa, financiera, estado, que con el tiempo genere ganancias pecuniarias (Shaik, et al 2022), es asi que un inversor es aquella persona que invierte sus activos de manera inmediata o indirecta sobre un proyecto (Ye, et al 2022), el cual genera dividendos tanto para el que invierte, como tambien para los creadores del proyecto. Aunado a ello, dentro del mismo objetivo especifico tenemos que las transacciones fantasmas son aquellos activos inversionistas, (King, 2022) de procedencia desconocida, las cuales causan un efecto de salvavidas, esto se da cuando el pais o el lugar donde se invierte no realiza el debido rastreo o registro del flujo de inversion; no obstante (Djulius, 2018) determina que para que un estado tenga una buena economía y un buen flujo financiero este debe estar protegido (normas), solo así se puede dar un bienestar a toda su sociedad.…”

A Study on Investment Pattern of Salaried People Concerning to it Sector in Bengaluru

“…It emphasizes the importance of financial education and personalized strategies, highlighting the need for financial literacy and understanding of investment dynamics among investors, regulators, and advisors. Shaik, Kethan, Jaggaiah, & Khizerulla, (2022), The study examines the relationship between investment behaviors o Indian IT professionals and their financial literacy. Survey data reveals that despite having a good financial knowledge, these professionals often make cautious, risk-averse investments.…”