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Ploughing back of profits & Loan from financial institutions- long term sources (in Hindi)
hi mam, is there any difference b/w ploughing back of profits and retained earnings.
Rahenuma khan
a year ago
both r same...
Ravi Enaganti
7 months ago
Retained earnings are called under different names such as Ploughing back of profits, Self finance, Inter finance. As prescribed by the central government, a part (not exceeding 10%) of the net profits after tax of a financial year have to be compulsorily transferred to reserve by a company before declaring dividend for the year.
Yasmeen Begum
7 months ago
thank u