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Top headlines: Auto,IT lead advance tax payment; Covaxin shows 77% efficacy

Strap: Business Standard brings you the top headlines on Wednesday

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A medical worker administers a dose of Covid-19 vaccine at Parliament House in Delhi on Friday, June 18, 2021. (PTI Photo/Arun Sharma)

BS Web Team New Delhi
Top headlines of the hour: Auto, IT firms lead in advance tax collection, New rules for e-commerce may raise compliance burden, Private hospitals to order Covid jabs on CoWin platform from July

Automobile, IT firms lead in advance tax collection
 
Sharp growth in advance tax payment by India Inc has been led mainly by automakers and technology giants including Maruti Suzuki, Hero MotoCorp, Tata Consultancy (TCS), and Infosys.

These four companies reported a jump between 44 per cent and 200 per cent in the April-June quarter of this financial year on account of a low base. Financial institutions such as