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Outstanding tax demand up at Rs 5.75 lakh cr in FY'14

The outstanding direct tax demand increased to Rs 5.75 lakh crore in 2013-14, up 18.33 percent over the previous fiscal, the government said Tuesday.

India asks IBM to pay $866 million in outstanding tax: Reports

Indian tax authorities have asked IBM`s local unit to pay Rs 53.57 billion in outstanding income tax on fiscal 2009 revenue, media reported on Saturday.