This is contrary to advance tax payments made by other leading private banks. HDFC Bank paid Rs 700 crore against Rs 600 crore, while ICICI Bank has paid nearly 25% higher advance tax for the March quarter.
Net outflow of advance tax by Reliance Industries dropped to Rs 1,034 crore as compared to Rs 1,130 crore in the previous year.
Take a look at the comprehensive list of companies and their advance tax outflows as of March 15, 2013.
Company | Advance Tax paid as on March 15, 2013 | Advance Tax paid in 2012 |
LIC | Rs 1,080 crore | Rs 971 crore |
Bank of India | Rs 790 crore | Rs 400 crore |
HDFC Bank | Rs 700 crore | Rs 600 crore |
Nabard | Rs 620 crore | Rs 100 crore |
TCS | Rs 600 crore | Rs 545 crore |
ICICI Bank | Rs 550 crore | Rs 425 crore |
CitiBank | Rs 525 crore | Rs 500 crore |
HDFC Limited | Rs 475 crore | Rs 400 crore |
HSBC | Rs 402 crore | Rs 450 crore |
Ambuja Bank | Rs 280 crore | Rs 250 crore |
IDBI Bank | Rs 265 crore | Rs 190 crore |
HUL | Rs 240 crore | Rs 200 crore |
Deustche Bank | Rs 221 crore | Rs 300 crore |
M&M | Rs 205 crore | Rs 178 crore |
Nuclear Power Corporation of India | Rs 166 crore | Rs 113 crore |
Kotak Mahindra Bank | Rs 160 crore | Rs 122 crore |
Central BAnk of India | Rs 151 crore | Rs 100 crore |
J P Morgan Chase | Rs 151 crore | Rs 97 crore |
Dena Bank | Rs 150 crore | Rs 115 crore |
Exim Bank | Rs 133 crore | Rs 114 crore |
M&M Financial Services | Rs 115 crore | Rs 75 crore |
General insurance Corporation of India | Rs 110 crore | -n.a.- |
IndusInd Bank | Rs 105 crore | Rs 90 crore |
Bank of America | Rs 103 crore | Rs 73 crore |
Hindalco | Rs 95 crore | Rs 145 crore |
Grasim | Rs 90 crore | Rs 90 crore |
Bennett Coleman & Co Ltd | Rs 69 crore | Rs 70 crore |
DBS | Rs 50 crore | Rs 94 crore |
Reliance Industries Ltd | Rs 1,034 crore | Rs 1,130 crore |
Bank of Baroda | Rs 350 crore | Rs 410 crore |