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rajput jain and associates

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Sunday, December 11, 2016

rajput jain and associates
Rajput Jain & Associates, a Chartered Accountants firm has staff strength of nearly 30 in India. One of the key strength of the firm is its ability to provide value added services to its clients on an All India Basis. The firm has a wide network of associates spread all across the country and through such wide network the firm has been able to successfully complete the tasks
PAN (Permanent Account Number) allotment process will undergo a change from 3 February 2014. The official release mentioned that an applicant of PAN will have to submit self-attested copies of Proof of Identity (POI), Proof of Address (POA) and Date of Birth (DOB) documents. The applicant will also have to produce the original documents for verification at the counter of PAN facilitation centres. The notification also said that the POI, POA and DOB documents attached with the application PAN form will be verified with their original documents at the time of application submission. It also said that the original documents will not be retained by the PAN Facilitation centre and will be returned back to the applicant as soon as it is verified.
 
 
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Relax @ Home,We form your Business

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Project Financing
 
Lease Rental Discounting Consulting Services
Lease Rental Discounting (LRD) is means the loan schemes provided by banks under which a loan can be obtained by any applicant against his her leases property.An applicant obtains loan against his/her leased property. Under Lease Rental Discounting (LRD), the borrower pledges the forthcoming rental collection from the leased property to the bank for loan repayment. Lease Rental Discounting (LRD) is typically offered against commercial properties.
Lease Rental Discounting (LRD) is particularly profitable for the builders/developers who make a huge investment in raising a commercial property for rent/lease purposes. The investments of the builders are in a way sealed as the returns are attained only in the form of rentals. Thus, by engaging their upcoming rentals from property, they opt for Lease Rental Discounting (LRD) from banks. Banks also ensure that the future rental earnings from the property are secured before offering Lease Rental Discounting (LRD). The various factors that a bank keeps in mind while offering Lease Rental Discounting (LRD) are:
bullet Credit worthiness of the lessee in terms of rent paying capacity.
bullet Location of the property with regards to factors such as growth & expansion prospects, presence of other industries, civic amenities, etc.
bullet Profile of the lessee.
bullet One of the most important points that a bank keeps in mind is that in no way it should be facilitating the conversion of black money into white through LRD.
The legibilty of the loan under LRD is computed by taking 70-75% of the net rental income and segregating it by per lakhs EMI of the tenure of left over years in the lease rent agreement. Banks generally open an deed account along with the applicant. The rental/lease income is credited into this account and EMIs are reduced pit of it.
 
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rajput jain and associates
rajput jain and associates
We are the exclusive member in India of the Association of International Tax Consultants, an association of independent professional firms represented throughout Europe, US, Canada, South Africa, Australia and Asia.
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rajput jain and associates