BANKS – MSME – EXPECTATIONS
WE THE ASSOCIATION WORKING FOR INCEPIENT SICK ‘MSME’ UNITS EXPECT THE FOLLOWING FROM THE BANKS BEFORE INITIATING RECOVERY PROCEEDINGS: GOVERNMENT INCENTIVES: CONSIDER AS INCENTIVES DECLARED, ASSURED BY THE CENTRAL, STATE GFOVERNMENTS AS SECURED RECOVERY FOR CALACULATIO OF ‘NPA’ . RE SCHEDULEMENT OF LOANS: MANY OF THE LOANS GIVEN TO ‘MSME’ UNITS ARE FULLY SECURED BY […]
Read MoreECONOMIC REGULATORY AUTHORITY
THE GOVERNMENT SHOULD HAVE INDEPENDENT SUPER REGULATORY AUTHORITY TO DIRECT, GUIDE, MONITER THE MOVEMENT OF MONEY OF THE GOVERNEMT, COMMERCIAL AND INDIVIDUAL OF ALL SOURCES INCLUDING INVESTMENTS, BORROWINGS, EXPENDITURE TO LOOK AFTER FUTURE INTERESTS OF THE NATION. AS PER MY KNOWLEDGE, THERE IS NO EFFECTIVE AUTHORITY WHICH CARRIES ON THE ROLE OF THE SUPER REGULATORY […]
Read MoreISSUE WITH REGARDING PROPOSED COMPANY LAW
I am herewith presenting some of my personal views to be discussed with regarding the proposed Company Law. I. COMPANY LAW The Proposed Company Law has to consider the following issues: FACE VALUE OF SHARES: There should be uniformity face value of forms @ Rs.10/- each and should not have any other face values so […]
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BANKS – MSME UNITS – NPA ISSUES
AT PRESENT BANKS ARE FACING RECOVERY PROBLEMS OF LOANS ISSUED. THE REASONS MAY BE DUE TO LOANS GI VEN TO MANUFACTURING TRADING REVENUE BASESD PROJECTS PERSONAL, HOUSING, VEIHCLES OTHERS. REASONF FOR DEFAULT LONGE PROCESS PERIOD, MORE STOCKS, RECEIVABLES EASY TO SELL, LACK OF MARKET LONGER OERFIRNABCE PERIOD, EXPECTATIONS MAY VARY OWN PERSONAL ARRANGMENT, SOURCES […]
Read MoreManagement of Money Movements
Un organized Non-Transparency If the money movement is not properly monitored, the economy of the Nation, Organization leads to growth of the Unorganized Sector which leads to growth of Illegal money, assets, investment, expenditure. Monitor: Money Men Material Message Motivation Management Economic Problems: More Taxes Fake Currency Un-Productive spending More difference between Cost price to […]
Read MoreManagement of Money Movements
Steps Required More precautions, Prevention’s The following are some of the steps required for stringent monitoring of money movements:
Read MoreManagement of Money Movements
Sources for Unaccounted Money The following are some of the sources, areas which are not yet covered by the monitoring process of the Government:
Read MoreManagement of Money Movements
MONEY MOVEMENT The movement of money has to be regulated for the purpose of the proper utilization of resources, to increase the productivity, to attain accountability, to safeguard interests of future generations etc., It is important to note that “HEALTH AND WEALTH CAN BE WELL MAINTAINED ONLY THROUGH DIISCIPLINE “. For a suitable and […]
Read MorePan no. for investment in mutual funds by foreign retail investors
Description: PAN: Foreign retail investors must have PAN for Investing in Mutual funds. Source: 1. www.tpcc.in 2. The Tax Referencer .Volume120. Issue No.9, 29 August 2011, Page No.10. Our Comment: The idea behind to know the source of funds, nature of income, mode of investment
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