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Advance tax mop-up rises only 6% in Q4

Advance tax mop-up rises only 6% in Q4

Saturday, March 18, 2017, 6:40 AM

India’s top 100 companies paid 6% more advance tax in the March quarter than they did a quarter ago. Of these, 43 companies contributed Rs 29,239 crore, according to the income tax (I-T) data, which is a reflection of corporate India’s financial health. The advance tax paid by the same 43 companies in the December quarter was Rs 27,584 crore.
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