Supreme Court has ruled that the interest-free or concessional loans given by banks to employees are taxable fringe benefits. The Supreme Court has ruled that using the SBI interest rate as the benchmark is not an arbitrary or unequal exercise of power as the rule-making authority has not treated unequal as equals.
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Kotak Mahindra Bank enables face authentication-based e-KYC
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Kotak Mahindra Bank Limited (KMBL) on Tuesday said it has enabled client
onboarding via face authentication-based Aadhaar e-KYC. “Kotak is one of
the fi...
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