MUMBAI, India, May 1 -- Intellectual Property India has published a patent application (202641051464 A) filed by Rina Mittal Ashra, Bangalore, Karnataka, on April 22, for 'a system and a method for intelligent family resource planning and management.'
Inventor(s) include Mittal Jagdish Ashra.
The application for the patent was published on May 1, under issue no. 18/2026.
According to the abstract released by the Intellectual Property India: "A system and a method for intelligent family resource planning and management is disclosed. The system includes sensors on industrial machines, a processor, and memory with instructions to: receive inputs corresponding to financial and non-financial activities of a user; manage a budget plan for a pre-determined period and analyse expenses against it; generate an alert upon deviation; calculate financial factors including a monthly budget and net worth; automatically categorize expenses by analysing transaction data; provide smart budget recommendations; track investments by integrating with financial institutions and update investment data; generate reminders based on deadlines; perform academic tracking by auto-syncing school progress with predefined milestones; manage leisure activities and generate activity notifications; provide access to support services; store documents; generate reports; analyse reports using a machine learning model predict financial needs, detect anomalies, provide proactive recommendations; and integrate with external interfaces to synchronize financial and non-financial activities."
Disclaimer: Curated by HT Syndication.
