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Highest Tax Paying Businessmen in India
By siliconindia
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Thursday, 27 October 2011, 01:54 IST |
5 Comments
Vikram Akula
The founder of SKS Microfinance paid an advance tax of 
14.2 Crore in 2009-2010 which is triple times more than his tax payment in 2008-2009. His company is one of the rapidly growing microfinance organizations in the world. They provide money for the women who live in the poor regions of India. They also provide loans that are interest free to the members at emergencies and life insurance. The NGO wing of theirs named SKS foundation works on the ultra poor programme.
Akula was previously with Mckinsey & Company as a managing consultant and cultivated his experience in microfinance and also obtained a Ph.D. from the University of Chicago. He sold a part of his venture in the company just before the initial public offer and came down from his CEO position.
14.2 Crore in 2009-2010 which is triple times more than his tax payment in 2008-2009. His company is one of the rapidly growing microfinance organizations in the world. They provide money for the women who live in the poor regions of India. They also provide loans that are interest free to the members at emergencies and life insurance. The NGO wing of theirs named SKS foundation works on the ultra poor programme.
Akula was previously with Mckinsey & Company as a managing consultant and cultivated his experience in microfinance and also obtained a Ph.D. from the University of Chicago. He sold a part of his venture in the company just before the initial public offer and came down from his CEO position.
