Professional loans for Chartered Accountants, Doctors & Architects Operations of business can be established, grow and enlarge with IFCCL for professional loans. It is a kind of loan available for working professionals so that they can grow or even start their business. No collateral is required to buy machinery or update equipment, as it is …
Loan against Rent Receivable – All you need to know A synopsis of Loan against rent receivable Meaning of loan against rent receivable. A loan against rent receivable is offered by every public and private bank to manage future rent on an owned property as collateral. It is like a personal loan. This loan can …
How to get a startup Loan for business without any Kind of collateral ? Lack of funds is one of the reason number of good business blows. However there exists sources in India that grant loans. In general, a 3 year of business vintage period is required for loan from financial institution. For ease of …
Role of Supply Chain Finance for MSME MSME are very important for growth and development of Indian Economy. More than eighty percent of MSME in India takes place over bank credit and taking funding from informal or private sources at extra cost. Various limits of challenges by banks from expanding funding to small businesses. High risk of …
The Engine of Growth in India -Micro Small, Medium Enterprises India`s engine of growth the Micro Small Medium Enterprises have proved that they are pillars of Indian economy. It not just create employment opportunity but also enhanced the overall growth of the country. MSME`s work for the upliftment of all sections of the society, it …
RBI enforce withdrawal restriction of a total amount not exceeding 500 For Karnala Nagari Sahakari Bank Ltd., (Maharashtra) 1. Authority to issue certain Directions to Karnala Nagari Sahakari Bank Ltd., (Maharashtra) by which, as from of the end of trading on 15 June 2020, the Administrator of the aforementioned bank shall not, without prior written …
INCOME TAX ACT UPDATE ON NOV 17, 2015 INCOME TAX ACT SECTION 9 INCOME – DEEMED TO ACCRUE OR ARISE IN INDIA Liaison Office of foreign MNC established in India for sourcing goods for exports to its overseas customers as per their requirements will not be treated as PE under the DTAA merely because it …
CONSTRUCTION WORKS POLICY Construction Works Policy is designed to provide cover to an Indian contractor who executes a civil construction job abroad. The distinguishing features of a construction contract are that: The contractor keeps raising bills periodically throughout the contract period for the value of work done between one billing period and another. To be …
CLARIFICATION REGARDING BINDING NATURE OF CIRCULAR AND INSTRUCTIONS Recently, CBEC issued Circular No. 1006/13/2015-CX dated 21st September,2015 vide F.No.96/90/2015-CX.1 to clarify issues related to binding nature of circular and instructions which are contrary to the judgment(s) delivered by Honble Supreme Court. Circular draws attention towards judgment of Hon’ble Supreme Court in case of M/s Ratan …
CORPORATE UPDATE FOR THE MONTH: Wal-Mart’s India sales go south by 32% in 2014 Sep 28, 2015 The Indian unit of Wal-Mart Stores Inc, the world’s largest retailer, posted its first ever sales decline after parting ways with key client Bharti Retail and halting store expansion amid an ongoing internal probe into alleged corrupt …