You might be wondering who is this generous heart to donate a massive Rs 7904 crore yet there is hardly any news about him and after six months, this has
Azim PremjiBCCL
Company: Wipro
Azim Premji the founder chairman of Wipro has been dubbed ‘India’s most generous’ by the Edelgive Hurun India Philanthropy List 2020. With a donation of ₹7,904 crore, Premji and his family topped the EdelGive Hurun India Philanthropy List 2020. He has donated 10 times more than the second person on the list, Shiv Nadar and family.
The Azim Premji Endowment Fund owns 13.6% of the IT Czar’s shareholding in Wipro and has the right to receive all money earned from promoter shares.
On 1 April 2020, Azim Premji Foundation committed ₹1,000 crore for tackling the COVID-19 pandemic outbreak along with ₹100 crore from Wipro and ₹25 crore from Wipro Enterprises a sum total of ₹1,125 crore.
LED Light Engine Market size Surge at a Robust Pace in Terms of Revenue over 2026 LED Light Engine Market size Surge at a Robust Pace in Terms of Revenue over 2026
BriefingWire.com, 4/12/2021 - According to Stratistics MRC, the Global LED Light Engine Market is accounted for $21.88 billion in 2017 and is expected to reach $84.53 billion by 2026 growing at a CAGR of 16.2% during the forecast period. The increasing consumer demand for energy-efficient lighting systems, reduction in prices of LEDs, and high penetration of LEDs as a light source in the general lighting market are expected to drive the growth of this market. However, development of alternative technologies and lack of awareness regarding installation costs and payback periods are hindering the growth of LED light engine market across the globe.
Sanitisers not medicament, to face 18% GST: Tax body indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
‘Alcohol-based hand sanitiser to draw 18% GST’
March 05, 2021
Reducing GST on sanitisers will create an inverted duty structure, the Finance Ministr y had said - NISSAR AHMAD
Reducing GST on sanitisers will create an inverted duty structure, the Finance Ministr y had said - NISSAR AHMAD×
Karnataka Authority for Advance Ruling (AAR) says it is not a medicament
Authority for Advance Ruling (AAR) in Karnataka has said that alcohol based hand sanitizer is not medicaments. Accordingly, it is liable to be taxed at 18 per cent.
In its recent ruling on an application by Bengaluru-based Wipro Enterprises, the AAR has said that: “Alcohol-based hand sanitisers, as the name itself suggests, are to sanitise the hands and disinfect them and hence cannot be covered under Medicaments.” Hence, it ruled that rate of CGST and SGST would be 9 per cent each.