Know the companies that pay low tax
FM had said IT dept should focus on those below-average sectors to see if the average could be raised to collect more taxes

Finance Minister P Chidambaram has asked the Income Tax department to focus on the companies that pay less than effective tax rate of 24 per cent. The following is the list of companies from the Nifty, which fall in this category:
| Company | Year End | Profit before tax* | Tax* | Effective tax rate (%) |
| Ranbaxy Lab | Dec 2011 | -2,686 | 218 | Nil |
| Cairn India | Mar 2012 | 8,423 | 373 | 4.4 |
| Reliance Infra | Mar 2012 | 1,804 | 175 | 9.7 |
| Sun Pharma | Mar 2012 | 3,355 | 383 | 11.4 |
| Bank of Baroda | Mar 2012 | 6,304 | 1,088 | 17.3 |
| HCL Tech | Jun 2012 | 2,361 | 410 | 17.4 |
| Tata Motors | Mar 2012 | 13,534 | 2,525 | 18.7 |
| Jindal Steel | Mar 2012 | 5,189 | 1,000 | 19.3 |
| Maruti Suzuki | Mar 2012 | 2,145 | 418 | 19.5 |
| ACC | Dec 2011 | 1,505 | 296 | 19.6 |
| Cipla | Mar 2012 | 1,448 | 286 | 19.8 |
| Reliance Inds | Mar 2012 | 25,408 | 5,226 | 20.6 |
| Hindalco Inds | Mar 2012 | 4,345 | 925 | 21.3 |
| Wipro | Mar 2012 | 6,981 | 1,584 | 22.7 |
| Sterlite Inds | Mar 2012 | 9,872 | 2,248 | 22.8 |
| HUL | Mar 2012 | 3,622 | 832 | 23.0 |
| NTPC | Mar 2012 | 13,137 | 3,106 | 23.6 |
| * Figures in Rs crore Source: CapitalinePlus | ||||
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First Published: Sep 06 2012 | 3:19 PM IST

