CIBIL SCORE AND ITS CALCULATION

What is CIBIL Score? A CIBIL score is a 3-digit number that assesses your creditworthiness. It has a range from 300-900 and is calculated by the TransUnion CIBIL credit bureau after taking into consideration several factors. The best CIBIL [...]

Debt Service Coverage Ratio DSCR

Debt Service Coverage Ratios help evaluate whether a company is secure, solvent, and healthy enough to pay its liabilities. The Debt Service Coverage Ratio(DSCR), also known as Debt Coverage Ratio(DCR). It is the ratio of cash available for debt [...]

DIFFERENCE BETWEEN BOOK KEEPING AND ACCOUTING

Book keeping Book keeping Means the recording of financial transactions, and is part of the process of accounting in business and other organizations. Transactions include purchases, sales, receipts and payments. Advantages of Book keeping Better Tax Prediction. Faster Business [...]

DOCUMENTS REQUIRES FOR GST REGISTRATION

Goods and Services Tax is an indirect tax used in India on the supply of goods and services. It is a destination-based tax and comprehensive because it has subsumed almost all the indirect taxes except a few state taxes. [...]

E-COMMERCE AND ONDC IN INDIA

What is ONDC ( Open Network for Digital Commerce )? ONDC is a government initiative to promote open networks for all aspects of the exchange of goods and services over digital networks. ONDC seeks to achieve something similar for [...]

HOW TO APPLY FOR BUSINESS LOAN IN INDIA

What is the main criteria for applying business loan? Age Limit: The applicant should be minimum 21 years and maximum 65 years. Income: Business should be profit making at least for the past 2 years. Turnover: ₹150,000 p.a. should [...]

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