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Press Release
Bharat Financial Inclusion Limited
September 18, 2017,
Ratings
FacilitiesAmount
(Rs. Crore)Long term / Short term
Bank Facilities6500NonConvertible
Debentures400Short term Debt200Ratings1CARE
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What is long term short term?
Long term refers to investments held for more than one year, while short term refers to investments held for one year or less.
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Investors and financial institutions are required to report long term and short term investments to tax authorities.
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Investors can fill out long term and short term investment forms provided by tax authorities or financial institutions.
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The purpose of reporting long term and short term investments is for tax authorities to track capital gains and losses.
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Investors must report the cost basis, purchase date, sale date, and proceeds of long term and short term investments.
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