A country’s growth and economy greatly depend on the country’s taxpaying community or population. The money collected through taxes is majorly utilized in the development and growth of various sectors, population and states. As per various estimates and reports, a huge chunk of the government’s total revenues is collected through taxes and duties. The revenues … Continue reading 6 Types of ITR Forms in India
Author: Rajveer Bansal
5 Years plus in finance industry, worked with Indian & MNC Finance Companies- Now I'm a Full Time Financial Advisor & Blogger. I am reachable at veer.bansal242@gmail.com or you can like our Facebook at Fibmics to get connected . We blog & deliver our services through website: Fibmics. I am now dedicated to helping everyone achieve their financial goals. I will share you my experience on daily basis which will be helpful in increasing knowledge about Finance, Investment, Business, Market, Insurance, Capital and Sales.
Steps to File Your Income Tax Returns Online
Filing your income tax returns has become easy and convenient due to digitisation and technological advances. We won’t deny the fact that every time we receive our salary, we inevitably check the tax column of our payslips to see the deductions from our pay. These are the payments deducted from our salary to benefit various … Continue reading Steps to File Your Income Tax Returns Online
Benefits & Importance of Having A PAN Card
In India, I believe that most of the population know about a PAN card. Apart from just being a mandatory or important document to have, it has various other usage and benefits in our lives. PAN is essential for all entities and individuals. It is not just used by the Income Tax Authority for tracking … Continue reading Benefits & Importance of Having A PAN Card
Streamline your Working Capital by Working with an Invoice Finance Company
A large business enterprise has to work with a flock of suppliers and vendors for sourcing raw materials, products and services. However, supply chain mismanagement or delay in payments or delivery at respective ends may cause needless pain for everyone's business. A vendor will face a cash crunch and may not be able to service … Continue reading Streamline your Working Capital by Working with an Invoice Finance Company
How to Keep Your Working Capital Under Control?
Working capital management can make a world of difference to the profitability of your business. Cash management can also be the difference between success and failure. Especially for small and medium enterprises and startups operating in the most competitive sectors. Cash that is used for daily needs of a business is called working capital. In … Continue reading How to Keep Your Working Capital Under Control?
Tips to Select an Invoice Discounting Company
Invoice discounting is a quick form of finance that most businesses avail to keep up the inflow of cash into the business. Invoice discount finance can be availed against the unpaid invoices. Through this form of finance, invoice financing companies can pay finance of up to ninety percent invoices within twenty-four to forty-eight hours. This … Continue reading Tips to Select an Invoice Discounting Company
How to Get a Small Business Loan?
Almost all types of business need a business loan to carry out their business activities. For some, it is easier but for many getting a loan is not an easy task. They face a lot of hurdle from the lenders in the form fulfilling the criteria for applying, eligibility to get a loan, collecting the … Continue reading How to Get a Small Business Loan?
What is Single Invoice Financing?
Single invoice financing is a factoring type that grants companies to capitalize an individual invoice instead of financing the complete accounts receivable ledger. This method of single invoice finance is used by companies that do not offer their customers more than thirty days of the payment period. The companies who have an urgent need of … Continue reading What is Single Invoice Financing?
Our Invoice Finance Summary – Infographic
Invoice Finance Infographic
Guest Post: The 3 Platforms Fuelling Growth in Supply Chain Finance
The 3 Platforms Fuelling Growth in Supply Chain Finance
Our Guest Post today comes fromOliver Belin, an executive with PrimeRevenue (http://www.primerevenue.com/blog/), who is coauthor of the book Supply Chain Finance Solutions(Springer Verlag, 2011).
The current, global market size for Supply Chain Finance is estimated at $275 billion of annual traded volume. It is still relatively small compared to the market size of other invoice finance solutions such as factoring, which remains the largest trade finance segment and is primarily domestic in focus. There are about 200 global Supply Chain Finance programs of scale in place. These programs are run both domestically and cross-border and in multiple currencies. Still, the market potential is far from its capacity. If examining spending of large organizations, such as Lowe’ s $33 billion, it becomes apparent that Supply Chain Finance programs usually require a multi-bank platform due to the credit and capital issues associated with banks.
Supply Chain Finance practices have been…
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