Corporate advance tax has registered flat growth in the third quarter of FY13, according to reports.
Reports said that State Bank of India has paid advance tax in the third quarter at Rs 17.01bn against Rs 1,730 crore in the corresponding period last year.
While Reliance Industries paid Rs 11bn in taxes and HDFC paid Rs 5.60bn in advance tax against Rs 4.75bn last year, says report.
India Infoline News Service / 08:59, Aug 25, 2014
The outlook is a flat start. The BankNifty has given a breakout but many of the large caps are remaining in a range keeping the main indices under pressure.