Top corporate houses pay 20% more tax this fiscal, shows CBDT data

HDFC Bank tops the list, followed by SBI

Top corporate houses have paid over 20 per cent more tax this financial year than the corresponding period last year, according to data available with the Central Board of Direct Taxes (CBDT) as on March 25.

HDFC Bank leads the top 10 list, and has paid Rs 12,050 crore in taxes, which is an 18.5 per cent increase over the Rs 10,170 crore it paid in the corresponding period last year. State Bank of India (SBI) stands second, having shelled out Rs 11,294 crore, a 24 per cent increase over the Rs 9,086 crore it paid last year. It is followed