PRESENTATIONFOR VIVA

MISS.MINAKSHI S. BHOSALE

ROLL NO.HPGD/OC15/0616

PRIN.L.N.WELINGKAR INSTITUTE OF MANAGEMENT

DEVELOPMENT & RESEARCH

WE TUBE

DECISION MAKING PART – IPROF. RAJENDRA KULKARNICEO – CHIEF EVOLUTION OFFICER1

INTRODUCTION I understood from this topic that

very important part that we always using in our day to day personnel life or social life to taking any right decision & wherever go to buy any product. If there is two product then we have to choice stuff product for that we have take right decision while purchase any product.

What are process of decision making to choose the right decision from the alternative. & why we choosing the alternative decision. & why we put the two or more choices in but we have to one choice both of them.

We are taking in our life each experience good or bad.

There are huge no. of choices that we have to take right decision in our life.

WHAT IS DECISION MAKING? “Decision Making is the process of making a choice

between of option & committing to a future course of actions”.

The ability to make choices quickly & confidently. decision making & deciding both are different word. when

we attempt certain things it’s a process by self that is decision making.

When we committed with our self that I am going to decide to take any decision that time we start the process to take right decision.

In our life uncertainty concept cannot be completely remove. Because we never know the tomorrow. That’s why we should always try to be as close as possible decide some future plan. Uncertainty is a part of life..

While decision making uncertainty may be alternative choices & this alternative choice may be success in our life

when we know that there is risk & aware of that risk is called calculated risk.

KINDS OF DECESIONS 1.When involve environment then

it is easy to take any decision process

2.When available information issues , alternatives, value, & preference depending upon money required, status & other factor in life so all these collectively together these factor are for decision making.

3.Sometimes decisions are restriction & constraints of money & time. So we have to find that what ways of achieve a certain period of time or within a period of time. Or any targets to achieve a given amount of funds. & that’s the challenge for human.

4. E.g. One place we have to go wedding party & other place we have to attend conference. Both place we can’t go at a time

There are three process of decision making.

1.Authority 2. Resources 3. skills

PRESENTED BY. PROF. NITIN KAMAT

PART - 1 2

Hardware

People

Software

Components

DataCollectio

n

Information

Report &

Generation

Reports &

Information

Process MIS

PROCESS OF MIS REPORT

INTRODUCTION MODEL CONCEPT DESIGN OF

MIS : This is a model concept design of MIS

what I understood from this topic below it explain.

There are three involve in this model. 1. Output 2. Input 3. Processing. 4. We always process start from output

& firstly we have to decide specifically what we want ,for Example We have to make pizza for that in input what materials are required then we require the machine then methods of procedure to making the product for that we go to knowledge of training.

5. Material is requirement as input 6.There is remain the same concept

while any produce the product . 7. If we have to manufacture the

computer then which is product require for the computer.

8. We have to require raw material , then machines & computer is technical things & expertise people produce the computer so these are model concept.

Pro-cessing

Knowl-edge of Trainning

Material Machines

Input Output

Methods &

Procedures

OPERATION INPUT TRANSACTION

1.Operation is a manufacturing area that describing input transaction

1.Production Programme : In production programme we make

the budget decide before produce the product & then we start the programme for the product for three months or a year

2.Production Schedule : In production schedule we have to

make schedule for the product that how many product produce , in how many units for this schedule we ll get each one products information.

3.Process Planning Sheet : When we start to do work before

that planning is very important. In process when we start to do manufacturing product then raw material then we send to machine then produce the product, this is a process planning.

MIS FRAMEWORK MODEL

ANALYSIS

DECISION

ANALYSIS

QUERY

INPUT TRANSACTION

CONTROL

ACTION

REPORT

KNOWLEDGE

UPDATE

OPERATIONS

UPDATE

MIS OPERATIO

N

INPUT TRANSACTIONINPUT TRANSACTION

1.JOB CARD: In input transaction job card is very

important. & because job card we get the information that labour job start & ending time as well as sitting time also. There is also mention work order no. & batch quantity all the recorded in job card.

2. JOB STATUS ADVICE : In job status advice means status of

job. For example., Work in progress then

progress is a particular job depends upon requirement. If some parts is not in our factory then I will send it to outside & work in progress that is called as job status advice.

3. QUALITY ASSURANCE RATING FORMS:

In quality & quality assurance that is different one. Quality assurance means we can take guarantee that assurance of the product, & not failed. if we are getting the material from suppliers if there are some rejection then vendors marks in rating forms that is quality assurance rating form.

QUERY OPERATION PRODUCTION SCHEDULE: Generating the any query In production

schedule that which machines are dispatched.

LOADIND ON MACHINE?: we want to start work order & minimum

machines are full & some break downs so we can take machine on freight from machine shop.

JOB SCHEDULE: Job schedule is an important activity. One

who person handle the job in scheduling or rescheduling means some people paying more depend upon requirement.

PROCESS PLANNING SHEET: In process planning sheet query is how

many jobs are pending & how many jobs are work In process.

JOB CARD----GROUP OF MACHINE? In job cards in so many queries that when

the start & ending of job time? & what is sitting time?

PRESENTED BY PROF.GAURANG CHANDRANA

PRESENTED BY PROF. GAURANG CHANDRANAPART - I 3

WHAT IS RISK? I understood that risk means something could harm or injury in

the future it means risk with the term hazards. We always think risk is negative but risk may be positive think.

& in risk we take action which is turn on positive or negative. Risk is original word not hazard or something. If we don’t take ant action could not any progress in risk to

ensure that to enhance in business or for better life. There are name of words risk in different language: 1.Risq (Arabic's ) : which is make us profit. 2. Riscum ( Latin ) : challenge of barrier reef. 3. Risqe ( Greek ) : an outcome whether positive or negative. 4. Risqué ( French ) : No venture & no gain We have experience in risk management in organization &

individual experience. Risk management is a certain steps that identification steps , assessment & planning. In risk management Who indentify for an organization or a business respond to them.

PRINCIPLES OF RISK PERCEPTION : Everyone has a difficult perception of

risk we think very risky or may not be risky depends upon our background , our experience , our education , & nature of work all these factors put together a perception on our opinion. Some people are scared to take any risk.

For example. Aircrafts crashed & stop the flying , Ridding a bicycle may be risky or may not we can fall & get injury by bicycle so we go to for four wheelers, risk of falling ill due to eating a food that is perception.

TIME FRAME : Time frame is very important to try &

control we known understandable human time frame. There is risk of death by accident , heart attack, dieses

So there is time frame is very important, while these all happening there is no time , any time & any where. So, time frame is relevant to concept of risk

UNCERTAINTY: If something there is certain there is no

risk. Uncertainty means probability , see I going to die to such as a day or such as a time & we sure to die but time is not certain . Uncertainty is happening or may not happening

TYPES OF UNCERTAINTY & QUANTIFYING RISK

1. KNOWN KNOWN:

Known means yes problems or any variation which could happen There is some strong possibility or could be some loss. If in a production process minor variations & we also known that certain kind of minor variations & our brains there is minor loss & we probably don’t know exactly elements . Providing fund & theft fund these are very risk that we known very well.

2. KNOWN UNKNOWN :

We probably know the which could happen or many face now the life & we don’t know when & where it “ll happen . For example. See I am theft & there are some dogs & I know if I run away they’ll bite me & bark look at me. That’s I ll walk slowly. So risk is there.

3. UNKNOWN UNKNOWN :

We don’t know what will happen or may not happen & what’ ll be effects that is completely we unknown about that. It may fire could happen in factory so there is risk.

RISK = PROBABILITY *CONSEQUANCE

money & financial are involve in this risk. If I am investment Rs. 100 in product line & if product failed then my loss will’ll be Rs. 20. it is not necessary quantifying in rupee & but all aspects of business is not a simple or money terms. Before it is important to start quantifying risk.

on a scale 1 to 5 rank, 1 is the lowest & 5 is the highest then multiplying 2 no's we’ll get the no of term risk.

PRESENTED BYPROF. MR. ALOK JHA

TYPES OF E -

BUSINESS

4

E – BUSINESS DEFINED&

BUSINESS TO CONSUMER

E – business defined as any business that involves internet as a platform & promote for a business. & we can interact with large amount people sources by internet. if our place far away the stores then We can buy any product from the internet & we’ll get product as soon as possible & then we can make payment by internet media. & they instant feedback by mail.

BUSINESS TO CONSUMER: Here the business & consumer

directly deals with each other. Any business which carried by in

house with an consumer called as business to consumer. E.g. trade.com, homeshop.com, snapdeal.com etc.

TYPES OF E - BUSINESS 1. INFORMATIVE All corporate websites or government websites they &

education institutions talking about them sales these are all in under information websites. There is no any payment involve in this particular websites . Some people just find out any information they log in to internet & they gets information.

2. BUSINESS Business refers to all business that are carried out

directly or indirectly with end consumers. When after getting information which is our product then lot of peoples comes on websites. So we can buy or products & our services. Business to business & business to consumer they start interact with each other with commission terms. Terms refers to the we can choose the product then we can select & then we can pay any option by internet. E – business provided platform to buyers & sellers. We have a lot of websites to buy any products.

BUSUNESS – BROAD CATEGORIZATION: B2B – when people do business with other business that

is called B2B. B2C – business trade with consumer directly & does not

involve in business. C2C – one consumer who is buyer & one consumer who is

seller they interact each other using internet platform. & they makes trade.

C2B – when consumer start dealing with any business & buy a product with a choice.

CONSUMER TO BUSINESS&

CONSUMER TO CONSUMER CONSUMER TO BUSINESS: In this business customers decide

that what has to buy.if seller is saying that I am giving you offer people customer decides the price. & it happens because of large amount of buyers & large amount of seller price detected by buyers. When there are large amount of sellers the market would be decided by the price at the taken consumer wants.

CONSUMER TO CONSUMER: This is called as market place. In this business online market place

is created seller & buyer are allowed to interacts with each other. Payment & terms of business are controlled by the internet platform so as to protect both the buyer & seller. E.g. Ebay.com, naaptol.com.etc

ANOTHER WAY TO LOOK E - COMMERCE

PHYSYCAL / TANGIBLE GOODS : IN PHYSICAL PRODUCTS LAPTOP,

REFRIGERATOR, TELEVISION,, CAR, CAN NOT BE DELIVERED INSTANTLY ON INTERNET BASE. THERE ARE LIMITATIONS.

DIGITAL GOODS : IN DIGITAL PRODUCTS GOODS CAN

DELIVERED INSTANTLY.

SERVICES : THERE ARE DIFFERENT KIND OF

SERVICES OFFERS TO CUSTOMERS. COLLECT THE MONEY WE WOULD LIKE TO PAY OFFER YOUR SERVICE OF UTILITY PAYMENTS THEN CUSTOMRS GETS THE BENEFIT EVERYTHING .

WE WANT TO SELL TRAVEL TICKETS WHICH IS RELATED OF TRAVEL OF TRAIN , BUS, HOTEL & OTHERS. SO IT’S A SERVICES SOLD ON DIGITALY ON THE CONFIMATION , MAILS VAILABLE INSTANT THE CUSTOMETS THAT’S MOMEMENT MAKE THE PAYMENT & THIS PAYMENT IS ACCEPTEDBY USING MULTIIPLE METHOD

LONG TERM SOURCES OF FINANCE FOR SME

PRESENTED BY. PROF. MR. RAHUL SHAH

PART - 1

5

INTRODUCTON INTRODUCTION

Every company wants finance to growth & expansion to start up so there are so many kinds of activities. Finance is very important for any organization because it helps to organization to run & helps the dreams of vision of the organization to complete & achieve. Hence finance is very important role in any kind of business. There are various ways bring finance in our organizations. There are huge amount of competition happening & this competition every one running behind market share, sales, profits , earnings. More funds more success & less funds less success.

THREE ACTIVITIES OF BUSINESS FIRM

1 .Finance : That is we require money to run the business.

2. Production : That is we require product for sale.

3. Marketing : That is we require skills for sales goods

INTRODUCTION OF FINANCE I understood from this topic “The term finance is

derived from Greek or French word which is maintain final. The term final means to pay , settle , or finish the transactions.” That is finance.

The term of finance in relation to business divided into three group.

1. Procurement : procurement means bringing the money into the organizations.

2. Custodian : custodian means take care. 3. Financial decision – making : A lot of time people both the understanding terms i.e

accounts & finance. Everyone understanding that accounts & finance both are same but both terms are different where accounts comes in ends & finance comes in starts.

In finance related in multiplication of cash or multiplying the money.

For example : I have got Rs. 1000000/- available with me & which I am suppose allocated in different accounts that is called as accounts & in finance deals multiplying that money so Rs. 1000000 or Rs. 1 million & if I want to multiplying approximately 2 million or 3 million that activities by finance.

Finance is act of lubricant. Life for every machine, there is aspect of lubricant which is Greece machine cannot run. Similarly any organization cannot perform without finance. Function of finance :

1. The investment decision - related to capital budget 2. The finance decision – get the money to running the

business. 3. The dividend decision – how much returns we

should give to shareholders That is amount keep with us.

DEFINITION OF SME’S & NEEDS

SME’s means “ Small Medium Enterprises”Sources means where we can get moneyAs per the “ Reserve Bank of India” notification a small medium enterprise define that any units with investment in plant & machinery in excess SSI (Small Scale Industry) limited & up to Rs. 10 crores may be treated as Small Medium Enterprise. With the help of which they are able to run the business.

Initially some friends comes together& set up the business that is term as Small Medium Enterprise.So there are various ways of define “Small Medium Enterprise”.The sources of finance that available for the small medium enterprise, requirement money for the investment making purposes, financing purpose, & Small Medium Enterprise is related to the activities understanding how you do business with the small amount & small amount of plant can generate the money.

Why do SME’s needs funds?Small enterprises neither big corporate nor a small trader funds is very important.There are few reasons:The Small Medium Enterprise has not good record. They don’t have any back up , neither they have any kind of support nor any kind of potential investment if they have business to be done where they can get money.In larger companies have various types of source to get finance but Small Medium Enterprise which are small nature around 10 crore plant & machinery for them to gets funds its very difficult & Small Enterprise are not listed on stock exchange anyone nor would anyone trust on them because they are not knowing that where they can gets funds from because of SME’s require funds. And bank particularly nervous to give more amount of money to Small Medium Enterprise because credit is not there, companies are not sure, banks are not sure will they able to give money & will they get good returns from the business wherever they invest hence they require funds.

SOURCES OF FINANCE & COLLECTION OF FUNDS

There are Three ways sources of finance are be classified:

1.Owned Funds : In owned funds means funds require from the owners. It is our owned funds.

In owned funds equity share capital , preference share capital, subsidy & capital incentives

2. Borrowed Funds: In borrowed funds we take borrow money from the markets.

In borrowed funds debenture & bonds, term loan from financial institutions & banks, unsecured loans, debt security, advances from the customers.

3. Specialized Ways.: In specialization which are combination of owned & borrow its helps to generate finance for any kind of organization

In specialized public deposit, commercial papers , certificate of deposit, deferred capital paper, other financial instruments, foreign currency, global deposit receipts, indian deposit receipts.

There are Three categories of Finance available.

1. Based on time period.: Long term : Periods exceeding

5 years. Investment funds is land &

building , plant & machinery Medium term : above 1 year

but less than 5 years. Which use for the purpose of

advertising or deferred revenue expenditure

Short term : Less than 1 year. Day to day expenses, current assets.

2. Based on ownership. : Owned fund & Borrowed fund.

3. Based on sources of generation. : Internal sources & External sources.

we

MR. LALIT POPIL

HEAD – IT, ICICI PRUDENTIAL MUTUAL FUND AMC

PART - 1

1

LEARNINGS From this video I understood the various points as he, The

professional journey of Mr. Lalit Popil. He spoke about his journey that time he was craze moving

to USA & in technology companies. because in IT Company pay scale well. He like to going out travel & then growth & expansion his carrier in technology company. Spoke that he travelled around in 70 countries. He enjoyed a lot while travelling.

Wherever if you do consulting & business development in so many countries that time we should know the local languages. When you particular place then we should know the different language of different countries. Mr. lalit can speaks at least 8 to10 language.

Spoke he next move was to centurion bank of Punjab just discussed his role & responsibilities.

He was business developing in technologies company & proactive area. acceleration is required for the assets growth in the bank.

Company want to merge in technology business target together & make technology the backbone to achieve the business goals. therefore he afford to this business this position which involve

coordinating for business goals & he picked up this challenge.

As we know the centurion bank of Punjab it’s a merge was into the centurion bank & bank of Punjab. So there are various level of banks & different dynamics in various banks. He worked in so many countries.

He was the vice president sales at ICICI PRUDENTIAL MUTUAL FUND AMC, & now he is leads the IT division of the company.

So he just understanding to us that how did his convinced to take this shift?

He got to learn the Indian sales structure, Indian mentality, Indian distributors with the different product.

Lack of use mutual fund in technology from banks background & technology background.

In mutual fund surprisingly technology adoption is very low.

Distributor are people have been business for a long period of time.

Talent is part one of the key of job responsibility. we look at People is not the knowledge & all the

experience bring on the table . It’s a attitude. If you are the right attitude then you can pick up

the any job with the best of your ability to improving work with right attitude on the job.

We must have good attitude to work , to learn new things. To face any challenges.

Mutual funs is one of the industries is very knowledgeable. So one who person comes in this industries & have to be updates themselves. It has a glamour, you should have ability to speak about marketing, movements & the economy.

you should keep money safe that you have to fund manage & its responsibility our that return the money to that person who invested.

MR. DAMODAR MALL

CEO , RELIANCE FRESH PART - 1

2

LEARNINGS I understood from this video that there are

different things to do learn & develop our skills. He spoke about his journey that in retail field over

25 year his experience, same retail & consumer behavior areas his passion.

He worked with well known brands like HUL & Future group.

He just understanding to us located journey high in side & always travel so

which one was big strategy his dreams. He current thing doing in super market business “

Reliance Fresh”. When finish your based qualification from any

institute & then when u go for complete business management as a interesting field one who person done that way or after you doing engineering or graduation or any kind of fields that’s a right way to make a right choice to grow in our carrier as he done the same.

Anywhere place you’ll find the combination when you do start work with talent that is the way we look at the if you want to do work in general management you

should feel the study, your 1st set up work that is you have to do for a long carrier.

We should develop the our concept started with the which one field you have choose.

Mr. kishore biyani & Mr. ashok damani both of whom very clear & common. they always feedback to the customers .

We should different role to play all the time. You have to be the aptitude skills , engineering that

is required to large opportunity & that is the enjoy & fun what u doing…

He has also been awarded the “Most Admired Grocery Retail Professional” in 2011.

He has written the book “ The Super Marketwala” & this book is available everywhere shops.

You should have knowledge of consumer product when you do business in market.

Indian markets are ascertain market. When if you learn or practice which is learn from

observation , learn from with the consumer. learning is cost & cost is errors that consumer product or consumers service retail goes down.

In small industry have our own group, & which is recognize by you, & we should believe that our progress in our industry.

We should have right point of view about consumer product & ability , talent to do business so that we can also launch the demart, big bazaar, shopper stop, so there are different types of market.

DR . VINAY NAYAKPRESIDENT , ALEMBIC PHARMA

LTD

PART - 1

3

LEARNING I understood from this video that about how he made

pharmaceutical industries are developed..so Dr. Vinay Nayak just understanding to us that his journey & about his carries was far away which one completed his dream.

He spoke that he was the first employee of Watson Pharmaceuticals and he credited for transferring 70 products to India, thereby expanding plants to 6 times capacity.

He holds a great respect in Quality Circle of pharmaceuticals & Health Care Industry. He has 31 year experience in this industry. he got new learn that regulation, developments, automobile in pharmaceutical industry & because of this association with this part he was great learner that’s y he made feel happy of his succeed.

Lupin is one of the top 10 companies that period of time bust financially not doing well they had invested in real estate & company was making loss

One who person working in one company 21 years & moving on to another company its difficult to anybody. & it’s a challenge for anybody.

He probably vice president & executive vice president two levels was there at lupin with huge responsibility. It’s was challenging.

There was something new to do & something great to achieve so he took up the job of technical operation president of technical operation with the American with multinational.

In US manufacturing the products 10 to 12 dollars 1000 conversion cost per 1000 tablets that was huge cost so this was challenge to develop the products fastly to grow & expand business.

He converted the single product plant into multiproduct plant then he started manufacturing about 50 products. & integration vertical of EPI into the formulation that’s the enhance profit by big way.

In Alembic journey one who was chief the meeting was in Ahmadabad & he said that we are introducing 13 companies.

But company did not have leadership to take them to the next level. That’s why Mr. Vinayak was lucky to break & moving to this company & he joined in other in 2010. it’s a great company because there are all the facility in the infrastructure what he need was the facility to the great systems are existing in other companies .

We should also use particularly modernize the facility in terms of infrastructure, presentation skills, documentations all this are of essentials for successful company

If you 7 to 10 companies doing a good job & give good impression if there are keeping the its great things to others company.

Alembic is great company with good culture , & good ethics

NEWSWIRE

JOBS & CAREERS This article talks about the Jobs & Careers that after graduation

everybody looking good job & they hopes that will get a good job as per their education & skills. From there they start their career.

Everybody change the jobs as per their talents, work performance, & wherever get a good opportunity they jumped .

we should always positive about our jobs & careers with good hopes. Job hoping also involves a few pretty serious downsides. because of this always we order to make the best decision in your career.

It’s a helpful to understand both the positive & negative aspects of bouncing around from one job to the next.

Exactly nobody knows that what they want that from career after graduation. but if you are doing a job somewhere then you ll get experience & because of that you ll always aware what your idea of “ THE RIGHT jobs you look like.

There are so many sources to find the good job & make a good career. Which will walk you through process to determine what’s working & what’s not in your current career so you can start to do think that may provide career fulfillment the future. When once you will come to know your right base to do take good decision then you can be more discerning in the job process.

1

you should give time to really & learn what works for you. & its a simply steps just you’ve to try it.

You should always gain a variety of skills & meet a wide range of people . & you should have also wide range of capabilities & broad point of view.

If you are working somewhere for a short period of time then you’ll never a deep understanding of what’s going on so its happen. For that you must usually takes several year to accomplish & prospective employers may be concerned about your skills & performance level.

If you have a job hopped for few minute then employer’ll start to seeing it. They’ll happy by your loyalty, & will not worry about time , money , energy need to train you because in a year or so you’ll left this job., so you should have better justification for why you left each position.

Proactively employers may be notices that you don’t really know what you want. so then you should not give the answer like this why you’d be the perfect job . They can take doubts on your motives . Create your own strategy so you can settle in your job & career. So you do work with career coach & participating programmes may also be helpful.

HOW DO YOU CHOOSE THE KEYWARDS IN YOUR LINKEDIN HEADLINE?

This article guide to you that on this site 120 characters of space available. On LinkedIn you can make your status or break .

Almost people searching job on the LinkedIn. So many vacancies are there. & people gets easy to find the job.

If you have a strong headline on LinkedIn will increase your chances of having recruiters reach out to you. If you are not sure what keywords you should be including in your headline ? So there are some helpful tips.

LinkedIn site very helpful to people. People can connect each other for job purpose. Some professional people default their LinkedIn headlines to encompass their current job title & company.

You should consider your unique value proposition . So you should also specify clearly while LinkedIn headline preparing keywords that who are your ideal clients? What are your area of focus ? What do you do for your clients ?

If you are a engineer then you should include the specific area such as testing , SAP consultant, IT project, lead. Same other example.

If you are working in sales & marketing ,then you consider using buzz words such as “award winning “ or “high impact”.

2

If you are working in accounts & finance then you consider the types of clients & work you are known for doing.

So there are so many headline you can give on LinkedIn. i.e. as a project manager, accounts executive , finance controller, sap consultant..

Including creativity in the headline can increase your profiles views, & expand your connections & generate more leads.

For a professional seeking new position consider your interest by adding in a bullet point. But don’t forget to add in your contact information such as your phone number & email address in your summary on LinkedIn so recruiters can easily contact you to pursue those opportunities.

Every few month update your headline to profile viewers & expand your connections .so your connection can strong with those people that they having good job. & by this connection you can know with each other. You can easily get a job when recruiter view your job summary. & they can contact you.

Your job title heading should be in perfection.

TAX COLLECTION AT SOURCE –

A SOLUTION AND A PROBLEM From this an article you can get a good knowledge about TCS. The scope of tax

collection at source is being extended in an efforts to tax evasion & black money transaction.

The Tax collection at source TCS have been on the statute books for many years. Under these provision certain person are required to collect tax as a specified percentage from 1% to 5% from the opposite parties. The person from whom the TCS is collected gets credit for the TCS in his income tax return.

In 2012 was certain transaction with affecting to customers like receipt in cash , sale of bullion exceeding Rs. 2 lakh , jewellery exceeding Rs. 5 lakh within ambits..& now in this budget from 1 June 2016, the scope of TCS has been expanded to wide variety of transactions it helps affect a large number of customers.

This will help for sale of a money for sale of goods or provision of services exceeding Rs. 2 lakh, the seller is required his sale price to collect an additional 1% from the purchaser & he will pay to government.

One who person salaried employee who sells a car for more than Rs. 10 lakh he need to collect TCS. Even manufacturer selling to dealer & dealer selling to those goods to customers he also need to collect TCS.

Sale of goods , government departments , public sector undertakings , clubs , some other & do no have to pay TCS, there is exclusion for a retail buyer purchasing goods for personal consumption so its possible to that retail buyer of a car for his personal use so he doesn’t have to pay the TCS. Whoever person purchasing goods & services exceeding Rs. 2 lakh in cash, then he need not to apply .

In motor vehicle all types of vehicle 2 wheeler , 4 wheeler so one who person second hand sale of vehicle if sale value exceeds of Rs. 10 lakh then he need to pay TCS.

3

All consumer would affect the TCS who prefer to pay large amount in cash. If you pay cash more than Rs 2 lakh for your personal expense e.g. purchase of furniture, renovation of house if these are all cost limit of Rs. 2 lakh then each transaction of purchase & expenses would separately.

If each transaction of purchase & expenses is below of Rs. 2 lakh so there is no need to apply TCS.

The intention is the only to check black money transaction & curb tax evasion .& income tax department already have been changed from january,2016, hence purchaser & seller of motor vehicle or two wheeler is required Permanent Account Number (PAN).

If you are selling or purchasing goods exceeding of Rs. 2 lakh then both purchaser & seller required PAN.

TCS file return as well as information statements. The focus is only on the cost to the government & not on the

increased burden on the public , or its impact of doing business. There are many others & every tax law add to the procedures.

IS THE MONETARY POLICY GETTING

REAL? This article asking to you that Is The Monetary Policy Getting

Real?. There is recognition on the part of the RBI that it needs to adopt to the system, rather than the other way round.

The Reserve bank of India cuts policy rate by 25 bps was expected. To reach for 50bps for that will have to wait to see the how monsoon unfolds ahead. Inflation increase day by day hence, inflation according to the RBI expected to decelerate around 5% in 2016 – 17 in headline marking the possible resistance. & demand also effects of civil servants wage increases to be considered.

Inflation In housing , education, personal care & transport & communication service in this indicates capacity constraints.& Inflation part is not responsible to monetary policy changes.

4% headline CPI inflation goal by early 2018 will start looming on the policy a further 25bps cut after monsoon unfolds therefore real rate of interest will be maintain in the 125-175 percentage.

4

The RBI actions for the battle to lower actual borrowing cost take place at the level of banks. To make that happen central bank underlined in statements & post policy interactions. it could help to lower interest rates at the ground level.

Central banks has also lowered the daily cash reserve bank require to keep aside as well as interest rate paid for borrowing.

A central premise of the new operating framework proposed by the Urjit Patel who is committee report, RBI sure that adequate reserve money creation through the year as needed by demand condition.

Monetary policy have got real. RBI governor Mr. Raghuram Rajan stressed that had already

due to the new marginal cost lending rule & this will be more in the future.

Central bank will support wherever necessary to do just that as judge.

You have to need observed ahead how these changes impact the cost of capital on the ground.

INTRODUCTION TO FINANCIAL INSTRUMENTS

From this article you can get a good knowledge of what are the finance instruments that who invest the through assets or money.

Investment in represent debt, ownership of business or legal right to acquire part of ownership interest in business are called as securities.

Financial instruments which is trade in the money market. Treasury bills, certificate of deposit, commercial bills, commercial papers, these are the financial instruments.

In money market instruments have maturity period upon a 1 year are highly liquid, short term debt instruments which is mature less than 12 months. & pay return to investor in the form of discount at the time of issue. Capital market instruments long maturity period.

These instruments are as below: Ownership Securities: Equity shares Preference shares Cumulative convertible preference shares Debt Securities: Non convertible debenture Partly convertible debenture Zero – interest fully convertible debenture Optionally convertible debenture Deep discount bonds.

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Mutual Fund Units: Income scheme Growth scheme Sectoral scheme Equity scheme Money market scheme Other investments are also available particular for

individual investors such as saving bank accounts, fixed deposit in banks, post office , unsecured deposit in companies.

A financial instruments is issued under terms & conditions about the payment of interest / Dividend to the holder , maturity life , redemption value.

Equity shares & debentures are issued by corporate under terms & condition some of these statutory terms such as preference shares in India must be redeemed within maximum period of 20 years.

On cumulative convertible preference shares rate of interest need not exceed 10 % p.a.

BASIC CONCEPT OF FINANCIAL ACCOUNTING

The basic concept of accounting is the process of recording transaction, classifying & interpreting financial transaction of the business for the benefit of management & one who are parties interested in business such as shareholders, creditors, bankers, customers, employee & government. it is concerned with financial reporting & decision making aspects of the business.

The American institute of certified public accountants committee on terminology proposed in 1941 that accounts defined as a The art of recording, classifying in a manner & terms of money, transaction.

In Financial accounting concerned with the revenue , expenses, assets , liabilities of business house.

In Financial accounting has two objectives: A. TO ASCERTAIN PROFITABILITY OF THE BUSINESS.B. TO KNOW THE FINANCIAL POSITION OF THE CONCERN. Financial accounting is useful tool management & external use such as

shareholders, potential owners, creditors, customers, employees , government. Its provide information of its operation & financial status of the business.

The following are the functional areas of financial accounting as step by step the procedure.

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1. Dealing with financial transactions in terms of money. 2. recording of information concern with financial transaction of business, this information recorded in a book its called journal .3.classification of data arrange in a manner to group the transaction similar information items collected under different heads this called as ledger e.g. salary, rent, advertisement these are head of accounts. 4. making summaries of the trial balance is used to prepare profit & loss accounts, balance sheet in a manner useful for accounting information.5. analyzing process of relationship between of profit & loss a/c & balance sheet. The purpose is the financial strength & weakness of the business. 6. Interpreting the financial information to take correct decision. 7. Communicating the result the profitability & financial position of the business as communicated interested parties at regular to assist them to make their own conclusion.

There are limitation of financial accounting:1) In financial accounting records only quantitative information.2) Its provide information concern with product wise , process wise,

department wise, or information of any other activity cannot be separately.3) It is technical in nature.

it is not helpful to the management in taking strategic decision like replacement of assets, introduction of new products, expansion of capacity.

6 RESUME WRITING STRATEGIES THAT WILL

MAKE YOU SHINE IN JOB MARKRT

When you writing resume then always gets anxiety that if resume spelling mistake , or grammar mistake, or any worded wrongly. my resume ,’is everything worded correctly? Am I remembering every detail? , is there spelling mistake in my name? so there are so many question in your mind after prepared resume.

It is right that when before the resume reaches the manager desk then start employees first competition with their own way of thinking.

Your starting point is when you settle you have presented yourself towards presenting confident option to employer & you’ll get interviews result for a job to success your dream.

So there are 6 best strategy & solution & determine to get a good job.1. Know your Resume Goal : firstly you should decide that what are writing

it? What is purpose of applying? 2. Know Your Resume’s Audience: when hiring manager looking for

someone not only their skills & educations but also the person who has taken the time to understand work. the candidate who understand the goal of the position & taken time to own qualification to those goal submitting resume to those relevant qualification.

3. Know Your Competitor’s Resume: every successful professional is well aware of what the competition is bringing to the hiring process about their qualification, experience , education , personality. You should not to anybody underestimate the reality of the situation. so you go ahead & take your resume with potential effectiveness seriously. Your qualification & potential value add that make you stand out.

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4. Know The Challenges & Problems On Your Resume : Its a critical next step in the process. May be your education isn’t quite what the job post listed or may be your skills don’t match with as you mentioned your expectations for the position. You must be honest & structure your resume that is clear, well organized , & easy to read.

5. Know How To Color Outside The Lines Of Your Resume : When the hiring personnel has been looking at sea of black & white opening to Your personality & originality will make you stand out. Make your resume professional but not stodgy, honest not wordy , neat not boring so make your own words to bring your unique professional to life.

6. Know When It’s Time For A Remodeling Project : A great way to fresh up your resume & draw attention to makes you a winning candidate. job description & you have learned about yourself , your audience , your competition its helps to decide which aspects of your resume needs. Resume writing it is for champions of the job market. it is way to show that you have takes to be every hiring managers dreams.

Hiring your truly skilled professional resume writer is a great investment.

PROFIT MANAGEMENT AND

CONTROL From this article you can get good message about profit management &

control. Profit is the reward which goes to organization as a factors of

production . Profit in its pure accounting senses is the surplus of revenue over the cost.

Thus, the formula is = P= TR – TC P = price , TR = Total Revenue , TC – Total Cost. In every business enterprise desire to its maximum profit of business.

for profit maximization is the level of output Marginal Revenue = Marginal Cost.

There is difference between Normal profit & Super normal profit means Normal profit is included average cost & Super normal profit included any profit above the average cost.

The gross profit & net profit besides profit in accounting sense. The firm has to reveals to shareholder the profit before tax as well as

profit after tax. Business of Businessman is Business. therefore the profit becomes of

any business enterprise. Every businessman the aim to to get maximize profit & if there no profit at least certain level of profit.

Factors profit maximization policy:

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In government has two aspects, first there is always threat of nationalization & second government may appoint to scrutinize the affairs of the company.

If the any firm maximum profit it automatically attracts to new products to enter the same area of operation which affects its profit.

The firm does not necessarily work for profit maximization but work for mainly to gain & goodwill of the consumers.

The firm should be in good relation between employee & employer.

High profit may trade unions demanding higher wages. Any business enterprise maintain proper balance sheet

for the purpose of auditing as well as uploading the interest of the shareholder.

DIFFERENCE BETWEEN MONEY MARKET & CAPITAL

MARKET Everybody knows about the Money Market & Capital

Market but there are different some things. Money market & Capital market is made on the basis of

maturity period of instruments & claims. Short term instruments maturing with a period of 1 year

are trade in Money Market & Capital market deals with longer maturity financial assets & claims.

Both type of markets facility the transfer of funds saver to deficit - user the difference between is maintained with reference to the time period covered by the transaction .

Capital market includes trading in securities , mutual fund unit, & government debt instruments & the other hand in Money market facilities dealings in short – term financial instruments such as inter - corporate deposit, certificate of deposit, treasury bonds, commercial paper , commercial bills, .

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There are difference between Capital Market & Money Market as follows:

1. Capital market is a long term instruments having more than 1 year & Money market is short term instruments only.

2. Money market is a wholesale markets & participants are large institutional investors, commercial banks , mutual fund, & corporate bodies, & Capital market small individual investors they can deal by sale / purchase of shares , debentures , mutual fund.

3. Capital market has two common segments are Primary Markets & Secondary markets. & Money market there is no such sub division in general.

4. In Money market total volume of trade occur per day & volume per day taking place in capital markets.

CAPITAL MARKET REFORMS BY SEBI

Securities & Exchange Board of India (SEBI) has a primary responsibility .

Primary Market reforms by the SEBI: SEBI has introduced with various guidelines & regulatory

measures for capital issues for healthy & efficient of capital market in India. The issuing companies are required to make material disclosure the risk factors in their offer documents & get debt rated.

The merchant banker have greater degree of accountability in the offer documents & the issue process.

In primary market new reforms by SEBI include improved disclosure standards.

SEBI has introduced a code for advertisement for public issues for ensuring fair & true picture.

The book building process in the primary market has been introduced with a view to further strengthen the price fixing process.

Indian companies have been allowed to raise funds from abroad by issue of ADR/GDR/FCCB.

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Secondary market reforms by SEBI: Establishment of Securities & Exchange Board Of India in 1992. The main deficiencies of the system in two areas:1. Clearing & settlement system in stock exchange physical delivery

of shares by the seller & payment by the buyers was made.2. Procedure for transfer of shares in name of the purchaser by the

company. The procedure was involving a lot of paper work, delay in settlement, non transparency in costs & prices of the transaction.

As part of the process of establishing rules for trading the BADLA system was discontinued in December 1993. The SEBI directed the stock exchange at Mumbai , Kolkata , Delhi , Ahmadabad

Physical share certificate has been outdated by the Electronic depository system .

Fll ‘s have been allowed to participate in the capital market. Reforms taken by the government & regulators the market

structure has been defined & modernized. The securities market moved from T+3 settlement period to T+2 rolling settlement effect from April 1 , 2003.

Real Time Gross settlement has been introduced by RBI.

THANK YOU!