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Spanco Granted Pioneer Status in Nigeria
Mumbai, Maharashtra, India:The Nigerian Investment Promotion Commission (NIPC) has granted the Pioneer Status incentive in respect of Spanco’s activity in Telecommunication (BPO/Call Centre) to expand their business. The status has been received by Spanco Channel BPO Limited which is Spanco’s BPO arm operating in Nigeria. Pioneer status is a tax holiday granted to qualified or (eligible)

Spanco Granted Pioneer Status in Nigeria
The Nigerian Investment Promotion Commission (NIPC) has granted the Pioneer Status incentive in respect of Spancoâ€s activity in Telecommunication (BPO/Call Centre) to expand their business. The status has been received by Spanco Channel BPO Limited which is Spancoâ€ٙs BPO arm operating in Nigeria. Pioneer status is a tax holiday granted to qualified or (eligible) industries anywhere in the Federation and five year tax holiday. The grant of Pioneer Status to an industry is aimed at enabling the industry concerned to make a reasonable level of profit within its formative years. The profit so made is expected to be ploughed back into the business. Pioneer Status is conferred on a firm if it falls within the sectors that are defined by the government as priority areas. When a project is conferred with pioneer status, it becomes entitled to a tax holiday of 5 years.

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Everonn's investors sell shares worth Rs 50 cr

A hit that brand Everonn Education has taken in the past few days prompted some investors like Morgan Stanley Mauritius Company Ltd to sell their shares on Wednesday. The value of the shares sold in

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POLL - Analysts split on rate rise by end-Jan

Analysts are almost evenly split on whether the Reserve Bank of India will raise interest rates in the next three months, but are unanimous they will be lifted at least once by the end of April, a

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POLL - Analysts split on rate rise by end-Jan

Analysts are almost evenly split on whether India's central bank will raise interest rates in the next three months, but are unanimous they will be lifted at least once by the end of April, a

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POLL - Analysts split on rate rise by end-Jan

Analysts are almost evenly split on whether India's central bank will raise interest rates in the next three months, but are unanimous they will be lifted at least once by the end of April, a

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