September 22, 2009

Sept qtr corp advance tax seen up 15 pct

Latest business news india : India's corporate advance tax in the September quarter is expected to rise 14.7 percent to 440.10 billion rupees ($9.14 billion), a finance ministry official said on Monday, adding it is expected to see better growth in the December quarter.

Corporate advance tax had fallen 3.7 percent in the June quarter, the official, who declined to be named, told reporters.

Source url: http://in.reuters.com/article/businessNews/idINIndia-42616720090922