We are trying to close fund based working capital loans (CC, PCFC) taken from a PSU Bank. We are an MSME exporter. Our sanction ticket does not mention any foreclosure or pre payment charges that could be levied by the existing Bank. We have now availed such takeover loans from another private bank and the old Bank wants to levy foreclosure charges on WC loans inspite of no mention in the sanction ticket. Is that correct ?

For instance ,

Im providing accounting services online. Im not a CA.

there are already similar online service providers X ,Y and Z who charge 50,60,80k respectively.

if i simply tell me clients im charging only 30k even though other may charge him 50 to 80k , he may not belive me .So,if I open their websites ,take screenshots and produce to clients along with link ,is there anything against law in that ?
Im not manuplating anything,Im just comparing the prices those are facts declared by them.
NOTE: there are many websites running in INDIA whose sole purpose is to compare prices of products in various websites .

Hello,

Please address my query :-

there is one Indian based company which has opened another subsidiary in Dubai as consignee through which they are selling goods to another country like Singapore.After then singapore based customer make payment in dollars to consignee directly i.e USD 50 M and later on Dubai based company send USD 30 M to India and retain the rest of the amount.

what is the compliance and other requirement of FEMA and RBI comes here ?

Regards,

Hi
I have registered a firm online and got status approved.
How to download Registration certificate of ROF ? in Gujarat State

Need your help regarding given issue:

There was a rent agreement between two parties. Now they want to alter the contract price. So, is there any format / proforma for alteration / change in Rent Agreement ?

DEAR EXPERT,

Anyone provide me Format of board resolution of Partnership Firm for Bank account opertion/Opening.

Thanks in advance

Section 31 of the Indian Partnership Act, 1932 states that a person may be admitted as a partner either with the consent of all the existing partners or in accordance with an express agreement among the partners.

What is meant by "express agreement"? Please explain the difference between "consent of all existing partners" and "express agreement among partners".

Thanks & Regards

What is included in turnover ( for GST purpose & audit purpose )

What should be AMOUNT of STAMP PAPER if a person is GIFTING MONEY via cheque/RTGS to his relative.Both parties belong to Delhi.

Hello Sir/Madam,

I Have purchased some goods from an Indian Vendor but he has billed me in USD and i have also Paid him in USD.

I want to ask that in purchase Entry at What rate of USD i will record the Purchase Transactions??