13 Jun General Accounting Bank Guarantee Vs Letter of Credit – Examples and Differences June 13, 2023 By admin 0 comments Letters of credit and (LCs) and bank guarantees, both these financial instruments offer guarantees in trade transactions. This makes it...Continue reading
13 Jun General Accounting Foreign Exchange Management Act (FEMA) – Regulations, Guidelines & More June 13, 2023 By admin 0 comments 1. What is FEMA ACT? The full form of FEMA stands for ‘ Foreign Exchange Management Act ’, an official body that consolidates and amen...Continue reading
13 Jun General Accounting How To Apply For PAN Card For Your Business June 13, 2023 By admin 0 comments What is a Permanent Account Number Permanent Account Number, or PAN, is a 10-digit alpha-numeric unique identifier issued by the Incom...Continue reading
13 Jun General Accounting How to Open a Current Account? June 13, 2023 By admin 0 comments What is a Current Account? When setting up any new business, a bank account will be required to handle the flow of money and funds. Un...Continue reading
13 Jun General Accounting Interest Equalisation Scheme | Everything Indian Exporters should know June 13, 2023 By admin 0 comments What is Interest Equalisation Scheme? The Interest Equalisation Scheme (IES) was implemented on 1st April 2015 to provide pre and post...Continue reading
13 Jun General Accounting Marine Insurance | Meaning, Types, Benefits & Coverage June 13, 2023 By admin 0 comments What is Marine Insurance? Marine insurance refers to a contract of indemnity. It is an assurance that the goods dispatched from the co...Continue reading
13 Jun General Accounting The Complete Guide to Export Bill (Invoice) Discounting June 13, 2023 By admin 0 comments Like any other bills of exchange, export agreements usually begin formally when the supplier or seller issues an Export Bill or an Expo...Continue reading
13 Jun General Accounting The Complete Guide to Export Bill (Invoice) Discounting June 13, 2023 By admin 0 comments Like any other bills of exchange, export agreements usually begin formally when the supplier or seller issues an Export Bill or an Expo...Continue reading
13 Jun General Accounting Export Payment Terms – CAD, DP, DA, LC, OA & Advance Payments Test June 13, 2023 By admin 0 comments What are Export Payment terms? Export Payment Terms are a crucial part of International Trade, based on which exporters and importers ...Continue reading
13 Jun General Accounting Overdraft Facility – Meaning, Features & How to Apply Overdraft Facility June 13, 2023 By admin 0 comments Many businesses find themselves in a fix when they need to make urgent transactions to their client but are short of funds. Sometimes t...Continue reading