Accounting And Finance::The Accounting and Finance Training Academy is dedicated to promoting professionalism and advancing the standards of accounting and finance application through quality education, research, consulting and practice
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Accounting And Finance::The Accounting and Finance Training Academy is dedicated to promoting professionalism and advancing the standards of accounting and finance application through quality education, research, consulting and practice
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News

Working Capital Loans will no longer be 100% cash credit

From coming october companies which have a working capital loan of Rs 15o Crores or more shall have to consider at least 40% of the amount as loan component. This shall gradually be increased to 60% over the coming year(2019). It is expected that the above mentioned change shall help companies manage liquidity in a better way than what is done now.

Accounting And Finance