Advance tax numbers Q3 FY10 : Hint at groath revival

by khalid on 15/12/2009 · 0 comments

advance tax

Advance Tax Numbers for the quarter Q3 FY10 is showing a growth revival of India Inc. The DATA available with IT Dept. showing a significant uptrend in busines sentiment of Indian companies such as Reliance, HUL, L&T, Hindalco, Grasim, Century Textiles, HDFC Bank, LIC and GSK Pharma Glaxosmithkline. These companies have paid higher advance tax in Q3 this year than in the corresponding quarter of the previous fiscal.

Company NameAdvance tax Q3 FY10Advance tax Q3 FY09Increase %
Grasim IndustriesRs 150 croreRs 75 crore100%
GlaxoSmithKline Pharma.Rs 85 crore Rs 67 crore27%
Century TextilesRs 49 croreRs 3 crore317%
M & M Financial Rs 80 croreRs 42 crore90%
HindalcoRs 100 croreRs 40 crore150%
Crompton Greaves Rs 72 croreRs 50 crore46%
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