Rakesh Soni & Co.

Karol Bagh, Delhi

We offer our clients with impeccable Concurrent Audit Services. The Concurrent Auditing is systematic and timely examination of the financial transactions to make sure that they are accurate, authentic and in compliance with government procedures and guidelines. The Concurrent Auditing, that we offer, does not emphasize on test checking but checks the transactions on a substantial basis with an objective to detect arithmetical errors and manipulation deliberately made (if any). Moreover, our endeavor is to conduct concurrent audits as per the scope of the entity and includes : Reporting inefficiencies at any operational level Bringing to light violations of procedures (if any) Detection and arresting of leakages of income, (if any) Ensuring compliance with the procedures and policies Ascertaining whether sanctions for advances and expenditures is taken from a competent authority Review of the Funds Flow Statement and analysis of the utilization of the funds & various resources that were available A systematic review to understand the existing systems and procedures and enable us suggest areas for system improvement as well as strengthening of controls

We leverage on our team of experienced personnel who enable us conduct Internal Auditing of our clients’ business. Internal Auditing is conducted as per the requirements of our clients in order to provide them with accurate information about their financial status. Our Internal Auditing also enables the clients reach the required level of compliance as mandated by legislation.   Our Internal Auditing Includes : Project management Performing key controls testing Assisting Corporate to document and evaluate internal controls Providing assistance in developing Internal Control Framework Providing assistance in developing Risk Management Framework Training personnel on internal audit function, and methods of documenting controls   Our Methodology Based on the risk assessment of the organizations, our internal auditors, management and oversight board determines where to focus internal auditing efforts. These are generally conducted on one or more discrete projects. Typically the Internal Auditing project involves the following steps : Establish and communicate the scope and objectives for the audit to appropriate management Develop an understanding of the business area under review. This includes objectives measurements, and identifying key transaction types. This involves review of documents and interviews. Flowcharts and narratives may be created if necessary Identify control procedures used to ensure that each key transaction type is properly controlled and monitored Develop and execute a risk-based sampling and testing approach to determine whether the most important controls are operating as intended Report problems identified and negotiate action plans with management to address the problems Follow-up on reported findings at appropriate intervals. Internal audit departments maintain a follow-up database for this purpose By analyzing and recommending business improvements in critical areas, auditors help the organization succeed. In addition to assessing business processes, specialists called Information Technology (IT) Auditors review information technology controls

We are also engaged in offering our clients with impeccable services for Statutory Auditing . These are legally required reviews to ascertain the accuracy of a company’s or government’s financial record. The main objective of Statutory Auditing is same as any other audit, i.e., to determine whether an organization is providing a fair and accurate representation of its financial position. We examine client’s information such as bank balances, bookkeeping records and financial transactions and offer accurate Statutory Auditing for their businesses.

We offer our clients with comprehensive services in conducting various Stock Auditing Services. Our Stock Auditing helps companies safeguard, as well as monitor their physical assets and inventories efficiently. We have with us a team of Stock Auditors, who follows strict audit and reporting mechanism in order to ensure that every aspect of stocks is evaluated. The Stock Auditing that we conduct provides accurate valuation of inventories. These are done by taking into account physical controls, obsolete inventory, scrap and returned goods. We also record the inward and outward movement of goods as well as stock procedures on the shop floor thoroughly. We currently offer three types of Stock Audits : Environmental Conditions Audit Arrangement of inventory in orderly manner Ready identification of inventory and WIP Storage arrangements, to protect against deterioration Identification of WIP, including stage of completion Handling of obsolete and damaged stock: identification and segregation   Adherence to Processes & Procedure Audit Physical counts Comparison of physical counts to computerized records Existence of numerical counts for stock, use of tag sheets Sampling Inward and Outward stock movement process Examination of sealed inventories Ancillary Processes & Procedure Audit Stocks lying at outside locations Use of technology for stock management Visual documentation of stock (through photographs)   Key Benefits Of Stock Audit Prevent pilferage and Direct impact on costs and bottom-line Enable accurate valuation of inventory Identify gaps in current inventory management process Third party independent opinion, especially for Agent warehouses Identification of slow moving stock, obsolete stock, dead stock and scrap

We arrange Bank Guarantee Services from various banks and with the minimum securities and cash margins at the lowest possible rates. Bank Guarantee Services are different financial facilities that are offered by banking institutions. Here, a Bank Guarantee is a type of banking arrangement where bank substitutes its creditworthiness for that of the customer. It is a contingent obligation meaning “depending on happening of an event, which may or may not occur” with 99% of time it is not paid as event does not happen. Always issued on behalf of its customers, the final liability also always falls on the customers. One common type of BG is performance-related where bank tells beneficiary if customer does meet the defined obligations, the bank will pay like issuing BG to shipping company for release of goods without Bills of Lading or substituting for cash payment. Further, bank guarantees are also issued for financial reasons like MNCs from a particular country wanting to borrow from bank for its subsidiary in another country. In all bank guarantee is banks assurance to guarantee the loan. Expertise In Handling Bank Guarantees : The company has with it extensive experience in successfully handling the demands of both LC and BG facilities, which can be organized from leading Banks of respective countries. Its team of experienced financial experts also ensures that minimum securities are needed to qualify for facilities of LC or Bank Guarantee. Some Of Our Bank Guarantee Services Features Include : Providing BG facilities to sums as desired by customers Rates of interest determined as per bank rates of interest All offers made valid for one month from date of offer No prepayment penalty charges on foreclosure Standard Features Of Bank Guarantee Services : Services primarily used in international trading for large transactions between supplier in one country and customer in another BG from lending institutions ensure liabilities of debtors will be met in cases debtor fails to settle debts, bank will cover it

For companies that are already availing credit facilities from banks, we can swap their credit facilities at cheaper rates through some other Banks thereby assisting the companies in reducing their cost of funds and improve the profitability. We can get a higher amount of funds on the same collateral securities as well. Further, Debt Swapping can also be performed for conversion of old debts to either new debts or new equity. This type of Debt Swapping can be performed by companies for purposes of : Reducing cost Gaining more favorable repayment schedule Reorganizing debts Avoiding bankruptcy Who can avail Debt Swapping : The rich experience of our company allows it to arrange debt swapping facilities available to companies already availing existing facility like : In term loan or C.C. limit from BankFinancial institution but at higher interest rates Who want arrangement of same facility at lower rate of interests Who want enhancement of existing limits on same collateral (if its' market value is more than previous assessment rates) How Debt Swapping Helps : As leading names in the field of financial restructuring process, the extensive experience gained by our company allows it to : Provide desired service support to businesses to grow with support of bank as their financial partners Assisting in finding appropriate partner through takeover that best suits client company’s specific business model but with better terms and conditions Conduct F analysis of available options and approaching one that perfectly fits the requisite financial requirement of client companies In giving clients objective advice, our company seeks to : Support Client Company’s decision making backed with clear analysis of available options as well as strategies Providing market experience in relation to key debt markets, products as well as counter parties that help in introducing clients to key players in debt capital markets Creating a competitive environment and arming clients for negotiations with bankers and investors Advise clients throughout transaction process right from initial strategy to implementation Assisting client companies to analyze their options as well as addressing impact of alternative funding routes on their business and objectives Work with client company’s existing advisory team and providing specialist perspective to the whole issue of funding Provide skilled resources to handle heavy lifting Sharing with client companies gained knowledge of range of potential financiers, their appetite and attitude to credit along with factors like pricing and structure

We arrange Letter of Credit Services from various banks and with the minimum securities and cash margins at the lowest possible rates. Letter of Credit Services are different financial facilities that are offered by banking institutions. Here, a Bank Guarantee is a type of banking arrangement where bank substitutes its creditworthiness for that of the customer. It is a contingent obligation meaning “depending on happening of an event, which may or may not occur” with 99% of time it is not paid as event does not happen. Always issued on behalf of its customers, the final liability also always falls on the customers. Standby Letter of Credit (SBLC) works as non-fund based financial assistance that is provided to customers through leverage of credit line from bankers using Letter of Credit (LC) Facility. LC is extended to customers with appropriate cash margin. Expertise In Handling Letter of Credit Services : Our company has with it extensive experience in successfully handling the demands of Letter of Credit Services, which can be organized from leading Banks of respective countries. Its team of experienced financial experts also ensures that minimum securities are needed to qualify for facilities of LC or Bank Guarantee. Some of our services features include : Providing BG facilities to sums as desired by customers Rates of interest determined as per bank rates of interest All offers made valid for one month from date of offer No prepayment penalty charges on foreclosure Standard Features Of Letter of Credit Services : Services primarily used in international trading for large transactions between supplier in one country and customer in another Letters of credit ensure transaction proceeds as planned, while bank guarantees reduce loss if transaction doesn't go as planned

We are a notable name in the domain when it comes to Private Equity & Venture Capital Services . We assist new businesses who have got an excellent business idea but not the required capital by arranging the venture capital for them and assist them in dreams. For existing units with proven track record and excellent growth potential, we arrange private equity also from Indian and Foreign Institution Investors. Venture Capital is a type of "risk capital" that is capital that is invested in business where there is substantial risk element involved relating to future creation of profits as well as cash flows. Here, risk capital is invested as shares other than as loans with investor requiring higher "rate of return" to compensate him for the risk factor undertaken. The salient working points of Venture Capital include : Providing long-term, committed share capital for supporting unquoted companies to achieve desired growth in the market Supporting entrepreneurs in starting-up, expanding, buying-into business, buying-out business and bringing turnaround of a company With lenders having legal right to interest on loan and repayment of capital, irrespective of success or failure of business, venture capitalists return is dependent on growth and profitability of the business. Private Equity : This refers to equityquasi-equity investment in high-growth companies and comprises : Buyouts Mezzanine financing Privatization Public and private deals Businesses attractive to venture capitalists : Venture capitalists prefer investing in entrepreneurial businesses. This could be small or new businesses with final decision based on investment's aspirations and potential for growth, rather than by current size. Our Strengths Proactively focusing efforts to meet the venture capital demands of promising companies through bringing more funding to the table Services backed by deep insight into market dynamics and competitive intelligence backed by long-term growth strategies Unique understanding of company’s environment that allows it to design comprehensive solutions to meet all their banking needs Committed towards making banking an easier process including : Executing capital calls quickly Proactively managing tax implications of client’s cash investments Providing client’s speed and agility they require to compete successfully With our strategic advisors holding expertise in custom tailoring financing solutions right from : Arranging simple lines of credit Acquisition financing Complex structures for international growth These are all done to support clients in their short and long-term strategic goals. Clients can avail Private Equity & Venture Capital Services from us at reasonable prices.

Working Capital Facilities , also called Cash Credits, is a type of facility that is used for withdrawing amount from business account even though the account does not have enough credit balance. Here, the amount limit which can be withdrawn is sanctioned by bank based on business cycle of client as well as working capital gap and drawing power of clients. Here, the drawing power is determined upon understanding the stock as well as book debts statements that are submitted by borrowers at monthly intervals against security through hypothecation of : Stock of commodities Book debts Here, the excess cash withdrawal facility is made on demand from customer where they have to pay interest on excess amount withdrawn. Further, the Cash Credit facility is also useful for those businesses where cash payment like wages, transportation need to be made and receivables are not realized in time. Our Expertise : Our company holds expertise in providing customers with Working Capital Finance that act as loans designed towards meeting cash flow needs without much hassles. The expertise of the company lies in : Setting up working capital facilities for WCDL, Cash credit, LCs, Guarantees, Export Credit for select dealers of Corporate where facilities are set up based on : Analysis of financials Need for funding Regulatory guidelines Security With a minimum margin of 25%, company also provides funding against : Hypothecation of Stocks Book Debts Documentation Process : Following steps are followed for completing application process. Application form accepted and acknowledged Personal interview /discussions held with customers by bank officials Bank's Field Investigation team visits business place of applicants Bank verifying track records of applicants with common information sharing bureau (CIBIL) In fresh projects, bank analyses back ground of applicants and technical feasibility/financial viability of projects based on different parameters and existing market conditions Depending on size of projects, file is put up for sanction to appropriate level of authority Sanction and disbursement : On sanction, sanction letter issued specifying terms and conditions for disbursement of loans Acceptance to terms of sanction taken from Applicants Processing charges as specified by banks paid to proceed further with disbursement procedure Documentation procedure takes place ding to terms of sanction of loan of bank are executed All necessary documents as specified by legal dept., accor Disbursement of loan takes place after Legal Dept. Certifies Correctness of execution documents

Buying a house is perhaps the most basic aspiration for most people. In today’s time, making this dream a reality has become really easy thanks to the variety of Home loans available in the market. So whether it is a first home that you are looking at or the second, whether it is for you and your family to live in or to simply make an investment for the future, Home Loan Services make it possible. So what exactly is a home loan? A home loan is a type of loan where the consumer borrows money from a lender which would typically be a Bank, an NBFC or a housing finance company, to purchase a residential property and offers the same property to the lender as a security. Home Loans may be used to do any of the following : Purchase a property within a residential development which is currently under-construction Purchase a ready property, typically from a builder or its current owner  Purchase a plot in a private development OR from a current owner Or from a government development authority Finance the construction of your house on a plot you already own Purchase a Plot as well as finance the construction of your home on it. Most institutions lend upto 80% of the value of the property as a Home loan, provided the borrower can demonstrate the ability to pay the installment for such a loan. When to apply You may apply for a home loan after you have decided which property you are acquiring, and even if you haven’t made a decision, you can still apply and your financier would be able to let you know what loan amount you are eligible for under their Home loan program. We are a notable Service Provider of Home Loan Services. Clients can avail professional Home Loan Services from us.

We are engaged in offering Loan Against Property Services in Delhi, Gurgaon, Noida, Faridabad & Ghaziabad. Loan Against Property On Residential Property : We coordinate loan against property on all approved properties. Loan Against Property can be taken against residential property which has sanctioned map. We also coordinate Loan Against Property on residential properties situated in approved colonies, which do not have sanction plan. You can also plan to take Loan Against Property for residential plot. The maximum loan under this scheme can be up-to 65% -70% of the market value of the property. Loan Against Property On Commercial Property : You can also choose to take Loan Against Property on commercial property (Shop, Office, Showroom etc). While providing loan against property on commercial property, Bank verifies the type of commercial property, its usage and occupancy.  You can choose to take Loan Against Property on self occupied property or you can also take Loan Against Property on leased commercial property where rent can be directly escrowed to bank EMI. The maximum loan under this scheme can be up-to 60% of the market value of the property. We are a notable name when it comes to Loan Against Property Services. Avail expert Loan Against Property Services from our company.

We are a leading service provider for the Company Law Matter Consultancy . We are a leading organization, engaged in providing consultation services for Company Law Matters Services. In order to provide the Company Law Matter Consultancy, we have appointed highly diligent professionals, who possess in-depth knowledge of company laws and years of industry experience. As per the rules, any new company is needed to get registered with the Registrar of Companies (ROC) as well as file documents regarding numerous statutory requirements. We help our clients in this area and make their registration easy and as per the rules of the company laws. Our Company Law Matter Consultancy Includes : Preparation as well as filing of different statutory forms and Annual return having ROC (Registrar of Companies) Liaising with ROC department Statutory Audit: required under companies Act, 1956 Drafting of resolutions as well as minutes of Board & general meetings Creation or deletion of charge against Movable as well as Immovable property of the company   Areas of Operation (Company Law Matters) : Documentation for filing with Registrar of Companies Preparation of Minutes of Board Meetings as well as Annual General Meetings Liaison with Registrar of Companies Representation before Registrar of Companies as well as Company Law Board Various other Company Law Matters changing from time to time Ensure Compliances to the Companies Act Incorporation of Pvt. Ltd. Limited Companies Approvals from Foreign Investment Promotion Board Maintenance of Statutory Registers as well as Records, required under the Companies Act Arranging and Conducting of Meetings for esteemed Share Holders and Directors Preparation of Annual Returns as well as Other necessary

We are stalwarts in offering Income Tax Advisory Services to our prestigious customers who are delivered accurately and precisely. Our experienced professionals are capable of developing efficient and cost-effective tax strategies that can help our clients in managing new tax laws according to the legislation and prescribed government norms and guidelines. Backed by years of industry experience, our Income Tax Advisory Services are acknowledged by the clients for their reliability and flexibility. We offer expert consultancy to : Corporate Foreign companies Individuals (both Residents and Non-residents) Partnership firms Society and Trusts We offer the Income Tax Advisory Services to our esteemed clients in below mentioned areas : Direct Taxation Personal Taxation International Taxation with reference to DTAA’s Foreign taxation NRI Services Transfer pricing matters Tax planning in the above matters Reducing tax liabilities & risks Finalization of accounts

We are the distinguished providers of inclusive Investment Consultancy services that aid our corporate clients allocate their investments in the best manner for constant continued returns. Our investment consultancy services are entirely planned to meet the investment requirements of our clients spread all over the country. Policy Feature : Invest 5000 pm for 10 years & Get Rs. 19, 11, 818 Invest 10, 000 p.m for 10 years & Get Rs. 38, 23, 636