Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Section 80D Tax Deductions: Your guide to Smart Healthcare investment
 How do I claim tax exemption under 54F?
 ITR filing: How income from stock market is taxed explained
 Income Tax notice: 6 high-value cash transactions that can get you flagged by I-T dept

Energy cos among top 25 tax payers
December, 23rd 2006

Energy and banking sectorcompanies have emerged as the highest advance tax payingcorporates in the country, owing to the surge in business andpersonal lending coupled with rising energy consumption, according to sources in the finance ministry.

Among top 25 corporate taxpayers, the public sector companies in the energy sector _ ONGC, NTPC, GAIL and BPCL _ have deposited Rs 7,382 crore advanced taxes by December asagainst Rs 6,248 crore during the corresponding period last fiscal.
 
By paying Rs 5,192 crore as advance tax by December, as against Rs 4,818 crore, ONGC has emerged the highest corporate taxpayer followed by steel major SAIL (Rs 2,351 crore).

Out of the 25 top corporate tax paying companies, 10 are from the banking and insurance sector, which include major public sector private sector banks.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2023 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting