India Inc preliminary advance tax payment data for second quarter of FY 2013 - 2014 suggest 7 to 8 percent growth compared to last year. While the pressure points are clearly visible in PSU banking and cement companies, Technology, private sector banks and consumer companies seems to be doing well.
Advance Tax Payment in Crores
|
||
Company
|
Q2 FY-14
|
Q2 FY-13
|
Reliance
Industries
|
1670
|
1534
|
LIC of
India
|
1624
|
1307
|
SBI
|
1120
|
1820
|
Dena Bank
|
50
|
185
|
Bank of
Baroda
|
630
|
620
|
Bank of
India
|
270
|
200
|
ICICI
Bank
|
975
|
815
|
HDFC Bank
|
1375
|
1100
|
Yes Bank
|
198
|
158
|
HDFC
|
650
|
560
|
HUL
|
320
|
300
|
L&T
|
350
|
350
|
Lupin
|
165
|
100
|
Cipla
|
95
|
80
|
ACC
|
115
|
130
|
Ambuja
Cements
|
115
|
165
|
Ultratech
|
160
|
250
|
BPCL
|
200
|
0
|
IOC
|
255
|
0
|
Bajaj
Auto
|
365
|
300
|
M&M
|
230
|
200
|
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