Business Standard

India Inc pays 22% more advance tax

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Our Economy Bureau New Delhi
 The second instalment of advance tax, paid by the top 100 companies in September this year, grew 22 per cent to Rs 8,958.71 crore from Rs 7,293.54 crore in the quarter ended September 2002. This accounted for 40 per cent of the total corporate tax collections.

 Tata Steel, riding the boom in the steel sector, paid Rs 230 crore

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First Published: Nov 08 2003 | 12:00 AM IST

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