|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
State Bank of India, country’s largest lender has paid the advance tax of Rs 1,202 crore in the first quarter against Rs 1,173 crore in the same period last year.
In addition, SBI has paid Rs 105 crore has been paid at our foreign offices, it said in a statement.
Indian companies are required to pay 15 per cent of their total tax on the projected earnings during the year during the first quarter. In next two quarters they have to pay 30 per cent and 25 per cent in the last quarter.