Hi guys,


I started my business in April 2008 with GTO crossing 2 crore in two quarters.

Now I have a peculiar problem, funding all the activities of the business.

My client needs 30 days credit, but the suppliers arnt ready for credit terms.

I tried convince my client to get done with LC so that I may get some funding from the bank.


My bank is Kotak Mahindra and they have a facility of OD.

They give OD's only to those who have income proof's.

But earlier, I know, many banks give OD's on the basis of transactions.

I can get funds from third source, like local money lenders, but that will make my investments "BLACK MONEY" which I dont want.

But I am just helpless getting fundings done.

Any suggestions ?

I have a query on computation of CRAR for an NBFC-ND-SI !!!While taking risk adjusted figures of on balance sheet items ,the assets should simply be multiplied with their risk percentages right!!
For eg : If furniture is 250000 ,risk percentage is 20%!! It works out to 250000*20/100 =50000.Isnt this the method

Please provide the interest rate chargebale on NPA account by a bank. Is there any maximum rate, over which bank can not charge ?
Next, what is the periodicity- monthly, quarterly or annual?
Further simple interest or compunding ?
Thanks for the prompt reply.
I would like to know if the old dues are now likely to be recovered or account is settled, what is the applicable rate of interest (maximum, if any)?

Dear All,

What is the maximum Basic Salary I can fix for my employees as a percentage of Gross Salary. One of my Bosses is paid Rs.100,000 every month. Out of this what should be the break up of Basic, HRA, etc.

Kindly send me Employees Provident Fund Acheme, 1952... pelase... urgent

Hi Experts,

Can A MBA Degree holder will be liable for Audit..? Even when he did his MBA as Distance Learning course.

Thanks
Vijay

can anyone tell me in brief about IFRS ?

Can you tell me some basic considerations for internal audit purpose regarding Time and Piece rated contracts for labour?

Dear All Members,
Can Any one Guide me How to Prepare, which things need to be attend or keep attention and if best format in which we can make changes accordingly minutes of a private and public limited co. and minutes of directors meetings
Thanks in Advance

What is Professional Tax? When it is required to deducted . return and assessement and rate