Saturday, March 13, 2010

Tata Steel's Advance Tax to Q4

The recent news from the Indian stock market is that the Q4 advance tax numbers have started flowing. According to the authentic source CNBC-TV18, the Tata Steel Company has paid 513 Crore Rupees while the L&T has paid Rs 270 Crore for the same.

Talking in terms of banks, the State Bank of India will possible pay in excess of Rs 1800 Crore. On the other hand, the BOB, that is the Bank of Baroda has paid Rs 300 Crore. Some other banks like the Central Bank of India, Dena Bank and Nabard has paid Rs 250 Crore, 30 Crore and 150 Crore respectively.

ICICI, the leading private bank has paid this amount as Rs 200 Crore. Mangalore Refinery, the renowned oil company has paid Rs 180 Crore.

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