« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  Govt collects over Rs 1 lakh crore from direct taxes... All Fools Day rates basis for DEPB II... » ONGC, SBI, SAIL top advance taxpayers for Sept October, 05th 2007 Indian state-run firms Oil and Natural Gas Corp, State Bank of India and Steel Authority of India were the highest advance taxpayers for the September quarter, a finance ministry official told on Thursday. Last week, the finance ministry said India's direct tax receipts topped one trillion rupees in the first half of the 2007/08 fiscal year, driven by a 32 percent rise in advance tax payments, which reflect corporate profit growth. According to finance ministry data, ONGC paid 24.01 billion rupees in advance tax for the July-September period, 17 percent higher from the same quarter last year, an official, who could not be named, said. State-run oil firm Indian Oil paid 4.47 billion rupees, GAIL paid 2.81 billion rupees and Bharat Petroleum Corp 1.09 billion rupees. Reliance Industries paid 6.49 billion rupees for the September quarter, up 46 percent from a year earlier. India's largest lender, state-run SBI , paid 10.54 billion rupees advance tax in the second quarter, 22 percent higher from a year earlier. Among SBI's rivals, ICICI Bank paid 4.5 billion rupees, Punjab National Bank 3 billion rupees and HDFC Bank paid 2.75 billion rupees. India's largest insurer Life Insurance Corp paid 7.31 billion rupees in September, 14 percent higher than a year ago. Leading steel maker SAIL paid 20 percent higher tax of 9 billion rupees during the September quarter, while its rival Tata Steel paid 4.45 billion rupees. State-run power producer NTPC's advance tax payment during the September quarter was 17 percent higher from a year earlier at 5.26 billion rupees, while engineering firm BHEL's payment was up 34 percent at 4.7 billion rupees.