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I applied via Company Website and was interviewed in Jan 2023. There were 2 interview rounds.
Working capital is the amount of money a company has available for its day-to-day operations.
Working capital is calculated by subtracting current liabilities from current assets.
It is important for a company to have enough working capital to cover its short-term expenses.
Examples of current assets include cash, accounts receivable, and inventory.
Examples of current liabilities include accounts payable and short-term lo...
TDS stands for Tax Deducted at Source. It is a tax collection mechanism in India.
TDS is the amount deducted from payments made by a person or entity to another person or entity.
It is deducted at the time of making certain payments like salary, rent, commission, etc.
TDS is deducted as per the rates prescribed by the Income Tax Act.
The person deducting TDS is required to deposit it with the government and issue a TDS cer...
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I applied via Recruitment Consulltant and was interviewed in Apr 2024. There was 1 interview round.
What is your last working.
I applied via Referral and was interviewed before Jul 2021. There were 2 interview rounds.
GST is a value-added tax levied on goods and services in India.
GST was implemented in India on July 1, 2017
It replaced multiple indirect taxes like VAT, service tax, etc.
GST has 4 tax slabs - 5%, 12%, 18%, and 28%
GST is collected at every stage of the supply chain and is based on the value addition
GST has helped in simplifying the tax structure and reducing tax evasion
I applied via Recruitment Consulltant and was interviewed in Oct 2024. There was 1 interview round.
GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption.
GST is a consumption tax that is ultimately borne by the end consumer.
It is a single tax on the supply of goods and services, right from the manufacturer to the consumer.
GST returns are filed online through the GST portal, detailing the sales, purchases, and tax paid by a business.
There are different...
TDS stands for Tax Deducted at Source. It is a system where tax is deducted at the time of payment.
TDS is deducted by the payer and deposited with the government on behalf of the payee.
It is applicable on various incomes such as salaries, interest on securities, commission, etc.
TDS rates vary based on the type of payment and the payee's status.
TDS returns need to be filed quarterly by the deductor with details of TDS d...
I applied via Approached by Company and was interviewed in Mar 2024. There was 1 interview round.
Financial accounting is the process of recording, summarizing, and reporting the financial transactions of a business.
Involves recording financial transactions
Summarizing financial data in financial statements like balance sheet and income statement
Reporting financial information to stakeholders like investors and regulators
The formula for capital is total assets minus total liabilities.
Capital = Total Assets - Total Liabilities
Total assets include cash, inventory, property, etc.
Total liabilities include debts, loans, accounts payable, etc.
The 3 types of liabilities are current liabilities, non-current liabilities, and contingent liabilities.
Current liabilities are obligations due within one year, such as accounts payable and short-term loans.
Non-current liabilities are obligations due beyond one year, such as long-term loans and bonds payable.
Contingent liabilities are potential obligations that depend on the outcome of future events, such as lawsuits o
Assets are resources owned by a company that have economic value and can be used to generate future revenue.
Assets can include cash, accounts receivable, inventory, property, equipment, and investments.
Assets are typically listed on a company's balance sheet and are categorized as current assets or non-current assets.
Current assets are expected to be converted into cash within one year, while non-current assets are lon...
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
The golden rules include: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.
These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.
For example, when a company receives ...
There are five main types of accounts: assets, liabilities, equity, revenue, and expenses.
Assets: resources owned by the company (e.g. cash, inventory)
Liabilities: obligations owed by the company (e.g. loans, accounts payable)
Equity: the owner's claim on the company's assets (e.g. common stock)
Revenue: income generated from the company's operations (e.g. sales revenue)
Expenses: costs incurred to generate revenue (e.g.
I applied via Referral and was interviewed in Jul 2024. There were 3 interview rounds.
They gave question paper to solve problems
posted on 27 Oct 2023
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
It shows the company's assets, liabilities, and shareholders' equity.
Assets include cash, accounts receivable, inventory, and property.
Liabilities include loans, accounts payable, and accrued expenses.
Shareholders' equity represents the company's net worth.
The balance sheet follows the formula...
The golden rules of Accounts are basic principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.
The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.
The third golden rule is the Nominal Account rule, which states that debit all expenses and losses
Types of accounts include assets, liabilities, equity, revenue, and expenses.
Assets: Resources owned by a company, such as cash, inventory, and property.
Liabilities: Debts or obligations owed by a company, such as loans and accounts payable.
Equity: Represents the owner's interest in the company's assets after deducting liabilities.
Revenue: Income generated from the sale of goods or services.
Expenses: Costs incurred in ...
posted on 31 Aug 2023
I applied via Company Website and was interviewed in Oct 2022. There were 2 interview rounds.
GST and TDS are two types of taxes in India that are applicable to businesses and individuals.
GST stands for Goods and Services Tax and is a value-added tax that is levied on the supply of goods and services.
TDS stands for Tax Deducted at Source and is a tax that is deducted from the income of an individual or business at the time of payment.
GST is applicable to businesses with an annual turnover of more than Rs. 20 la...
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Pharmacist
14
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Biomedical Engineer
9
salaries
| ₹2 L/yr - ₹3.1 L/yr |
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6
salaries
| ₹1.4 L/yr - ₹3 L/yr |
Apprentice Trainee
6
salaries
| ₹1 L/yr - ₹1.2 L/yr |
Data Entry Operator
5
salaries
| ₹2.2 L/yr - ₹3 L/yr |
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