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ITAT Mumbai held that interest income on External Commercial Borrowings (ECB) is taxable at tax rate provided under Article 11 of Indo Netherlands Tax Treaty and not taxable in terms of Article 7 of the Tax Treaty.
Rana Kapoor: The man behind the fastest growing bank of India Rana Kapoor When one talks about the modern Indian Banking system, it is impossible to not bring up the name ‘Rana Kapoor’. Popularly known as the co-founder, former Managing Director and CEO of India’s fourth largest private sector bank- Yes Bank which ranks just below HDFC Bank, Axis Bank and Kotak Mahindra Bank. Hailing from a middle-class family, he earned his bachelor's degree in Economics from the University of Delhi and went on to pursue his Masters in U.S.A. Dr Kapoor started working as an intern in the New York bran...
Pritish Nandy Communications Limited adds two independent directors Posted On: 2021-04-06 02:29:11 (Time Zone: Arizona, USA) Pritish Nandy Communications Limited has appointed Sunil Alagh and Karan Ahluwalia as Additional Independent Directors on the Board of the Company with effect from April 6, 2021. Mr Alagh has a distinguished 30 year corporate experience starting with ITC Ltd. He was Managing Director and CEO of Britannia Industries Limited from 1989 to 2003. He has, since, been a Senior Advisor to AXA, France, a Member on the Advisory Board of Vikasincs Ecotech Ltd and on the Execu...