India Tax Payer - Forum

Posted: 17-03-2011

RIL and Tata Steel have been the consecutively largest tax payers this time. There are a lot of firms that have even a zero tax payment on their profiles. Abott Healthcare is one among them. The goal for this FISCAL year might most probably be met. The direct taxes have been paid properly this time and it has come around Rs. 1.52 trillion. The famous Tata Group excluding Tata Steels has bad numbers on their list. Though there was a good sales percentage Tata Motors did not pay the anticipated tax amount due to various reasons. The higher tax payments in Tata Steels are due to the rise in the price of metals. L & T has increasingly paid advance tax of Rs.300 crores to what it paid Rs. 270 crores for the Q4 previous year.