Interest On Advances

As reported in some major financial newspapers, many times it is said that 'Other Income' boosts the profit of a bank to a substantial level. What is this 'Other Income' for a bank? 1. Commission for selling insurance policies 2. Fee for providing various services (like ATM/Extra Cheque etc.) 3. Interest on advances and loans

Call In Advance

Under which heads and sub-heads following items will appear in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013? (i) Tax Reserve (ii) Interest on Calls-in-Advance (iii) Stores and Spares