Finance

वित्त मंत्री निर्मला सीतारमण (Finance Minister Nirmala Sitharaman) ने 20 लाख करोड़ रुपये के आर्थिक पैकेज के बारे में विस्तृत जानकारी

वित्त मंत्री निर्मला सीतारमण (Finance Minister Nirmala Sitharaman) ने 20 लाख करोड़ रुपये के आर्थिक पैकेज के बारे में विस्तृत जानकारी देते हुए बताया है कि 15 हजार रुपये तक की सैलरी वालों का पीएफ सरकार भरेगी. वित्त मंत्री निर्मला सीतारमण ने यह फैसला लिया है कि अगस्त तक कंपनी और कर्मचारियों की तरफ से …

वित्त मंत्री निर्मला सीतारमण (Finance Minister Nirmala Sitharaman) ने 20 लाख करोड़ रुपये के आर्थिक पैकेज के बारे में विस्तृत जानकारी Read More »

What is the Bank Guarantee (BG) ? How to Bank Guarantees Work ? What is the type of Bank Guarantees ? What is the Purpose of Bank Guarantee?

Bank Guaranteehttps://www.youtube.com/watch?v=HJ_8YQL3gDk&t=74s A bank guarantee is a guarantee from a lending institution ensuring the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank covers it. A bank guarantee enables the customer, or debtor, to acquire goods, buy equipment or draw down Loans, and thereby expand business activity. …

What is the Bank Guarantee (BG) ? How to Bank Guarantees Work ? What is the type of Bank Guarantees ? What is the Purpose of Bank Guarantee? Read More »

what is union or general budget? How its work ? What is the Importance of Union or General Budget?

Budget Budget 2020 of the second term of the Narendra Modi government will be presented on Saturday. It is also called the General Budget or Union Budget. But, the common man must understand what happens in this budget and what happens in it. All kinds of information are given in the ‘Budget at a Glance …

what is union or general budget? How its work ? What is the Importance of Union or General Budget? Read More »

What is the Bank Guarantee ?. How to prepare bank guarantee ? What is the purpose of Bank Guarantee ? What is the producer for make a Bank Guarantee ? What is the document required for Bank Guarantee

INTRODUCTION Bank Guarantee is an agreement between three parties Bank, Beneficiary & Applicant. This can be used to essentially ensure a buyer or seller from loss or damage due to nonperformance by the other party in a contract. Three parties involved in Bank Gurantees. 1.Bank (Guarantor): The bank issues B.G on the receipt of the …

What is the Bank Guarantee ?. How to prepare bank guarantee ? What is the purpose of Bank Guarantee ? What is the producer for make a Bank Guarantee ? What is the document required for Bank Guarantee Read More »

Initiatives taken by the Ministry/MCA/Govt. towards Ease of Doing Business/ Company Incorporate.

 Ministry of Corporate Affairs has provided exemption to private companies through Companies (Amendment) Act, 2015, wherein the requirement for minimum paid up capital was removed.  Central Registration Centre(CRC) was established by MCA under Section 396 of the Companies Act, 2013 (Act) vide notification dated 22.01.2016 in an initiative of Government Process Re-engineering (GPR) …

Initiatives taken by the Ministry/MCA/Govt. towards Ease of Doing Business/ Company Incorporate. Read More »

Which is better Third Party Two Wheeler Insurance or Comprehensive Coverage?

—In India, two-wheelers i.e. motorcycles, scooters, etc. are probably the most chosen mode for daily transportation. Not having a right insurance can turn out to be even more expensive during major accidents. People get confused between the third party and comprehensive two-wheeler insurance. Let’s see what the difference between the two is and which is …

Which is better Third Party Two Wheeler Insurance or Comprehensive Coverage? Read More »

What is the Legal Entity Identifier (LEI) code?

 A Legal Entity Identifier (or LEI) is a 20-character identifier that identifies distinct legal entities that engage in financial transactions. Which Company Required LEI Code ? It has been decided to require banks to make it mandatory for corporate borrowers having aggregate fund-based and non-fund based (Term Loan, Cash Credit Limit, Letter of Credit Limit …

What is the Legal Entity Identifier (LEI) code? Read More »