Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is cash credit limit please give me answer in detail

Answer Posted / kinchit chawla

cash credit limit is the maximum amount sanctioned by a bank for your short term working capital requirement. it differs from short term loan. a short term loan attracts interest for the entire period for which loan is sanctioned and the principal amount is credited to your current account. in case of cc limit the amount is not credited to your current account. you can withdraw that amount any time and interest will be charged only for that period for which you have used that amount. cc limit is given only to highly credible customers of a bank.

Is This Answer Correct ?    51 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is income tax? How is it calculated?

1078


What will be the planned expenditure in the budget 2009-10

2263


If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.

1866


hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.

2101


CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.

2125


how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000

2112


HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.

9569


Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards

2112


HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,

2567


How many heads are there under total income? Name them.

1167


what diff. between Account ,Commerce and Finance?

2340


What qualification require for become a tax consultant ? what the future in this..???

2728


what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns

3384


Please tell me the process of generation of TDS in Tally ERP-9 with an Example

2928


WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

1968