Tuesday, March 16


We are proud to announce that State Bank of India tops the list of ten highest advance taxpayers in India. For this fiscal year we have contributed with a payment of Rs 6,552 crore as advance tax compared to Rs 5,733 crore in the year-ago, We are followed by LIC (second spot), which has made a total payment of Rs 3,253 crore for FY'10 against Rs 2,988 crore last fiscal. Mukesh Ambani-run Reliance Industries occupies the third spot amongst the top ten advance taxpayers with a payment of Rs 3,075 crore. Indian Oil Corporation is fourth in the list while Bank of Baroda (BoB) is seventh. Standard Chartered Bank and HDFC Bank also figure amongst the top ten at fifth and sixth spots respectively.

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