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Q2 advance tax payout of top 100 companies sees muted growth

In line with macro environment, the advance tax collections from the top-100 corporates from the financial capital showed a muted growth for the September quarter, with the outgoes increasing by only up to 8 percent, a senior official said Monday.

Advance tax up marginally by 7.5%; reflects impact of slowdown

Advance tax collection registered a marginal increase of 7.5 percent in the third quarter to Rs 78,000 crore, reflecting the impact of slowing economy.

FM asks I-T dept to monitor advance tax collection

The corporates would be paying the second installment of advance tax and individual their first installment of advance tax by September 15, 2012.

Advance tax collection in Q1 up 5% at Rs 33,089 cr

Advance tax collection from top 100 companies grew to Rs 33,089 crore for April-June period, a rise of mere 5 percent against the annual targetted growth rate of 15 percent, as lead corporates including Reliance Industries and BHEL paid lesser tax compared to the corresponding period last year.

Financial capital disappoints with flat direct tax collection

Tax collection growth in the financial capital will be lesser than the targeted 20 percent going by the initial numbers of advance tax by corporates, an I-T official said Thursday.