Top 100 cos pay 10% more in advance tax in Q2

Last Updated: Monday, September 17, 2012, 16:52

This was driven by handsome payout by top corporates like SBI, LIC and HDFC Bank, which helped negate a 15 percent drop by the largest corporate RIL.

Tax payers can pay dues in select bank branches in Delhi: RBI

Last Updated: Thursday, September 13, 2012, 21:08

The Reserve Bank Thursday said city-based income-tax payers can deposit the tax at the branches of State Bank of India, HDFC Bank, ICICI Bank, Axis Bank and IDBI Bank.

FM asks I-T dept to monitor advance tax collection

Last Updated: Wednesday, September 5, 2012, 17:45

The corporates would be paying the second installment of advance tax and individual their first installment of advance tax by September 15, 2012.

Govt will ensure stable tax regime: Chidambaram

Last Updated: Monday, September 3, 2012, 14:06

Confident of meeting direct tax collection target for the current fiscal, the Finance Minister P Chidambaram Monday said the government will ensure stable tax regime and non-adversarial approach in revenue collection.

Advance tax collection in Q1 up 5% at Rs 33,089 cr

Last Updated: Tuesday, June 19, 2012, 20:42

Advance tax collection from top 100 companies grew to Rs 33,089 crore for April-June period, a rise of mere 5 percent against the annual targetted growth rate of 15 percent, as lead corporates including Reliance Industries and BHEL paid lesser tax compared to the corresponding period last year.

Financial capital disappoints with flat direct tax collection

Last Updated: Thursday, March 15, 2012, 22:37

Tax collection growth in the financial capital will be lesser than the targeted 20 percent going by the initial numbers of advance tax by corporates, an I-T official said Thursday.

Tepid growth in tax mop-up; SBI, LIC, TCS lead the pack

Last Updated: Thursday, March 15, 2012, 17:29

The initial numbers for the last installment of advance tax payment Thursday by top corporate based in the financial capital present a tepid growth in the levy mop-up, with banking and financial institutions leading the pack.

Tepid growth in tax mop-up; SBI, LIC, TCS lead the pack

Last Updated: Thursday, March 15, 2012, 17:29

The initial numbers for the last installment of advance tax payment Thursday by top corporate based in the financial capital present a tepid growth in the levy mop-up, with banking and financial institutions leading the pack.

Top 100 firms' advance tax collection in Q3 decline by 1.4%

Last Updated: Tuesday, December 20, 2011, 22:15

Advance tax collection from country's top 100 companies, as per the final numbers, declined by 1.4 percent to Rs 30,763 crore in the third quarter of 2011-12, indicating sluggishness in economy.

India Inc's Q3 advance tax payments mostly flat

Last Updated: Thursday, December 15, 2011, 15:49

Advance tax payouts by leading Indian corporates mostly remained flat in the third quarter, suggesting that the slowdown is impacting their bottomlines.

Top corporates like Bharti, Suzuki, SAIL pay lower advance tax

Last Updated: Wednesday, September 21, 2011, 19:49

Top corporates and banks, including Bharti Airtel, Maruti Suzuki, SAIL and SBI, have paid lower advance taxes during the July-September quarter reflecting the impact of slowdown.

Advance tax mop-up jumps 18%; RIL, TCS on top, SBI slips

Last Updated: Thursday, September 15, 2011, 22:07

Allaying fears of any serious slowdown in the growth momentum, advance tax collections from top 100 corporates from the nation's financial capital saw 18 percent jump in the quarter to September.