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Monday, December 15, 2008

Reliance Industries (RIL) advance tax outgo declined 15.2% in Q3 December 2008 over Q3 December 2007

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India's biggest private sector firm and oil refiner, Reliance Industries (RIL) advance tax outgo declined 15.2% in Q3 December 2008 over Q3 December 2007. However, the figures are not comparable because of a huge minimum alternate tax payment of over Rs 400 crore that had boosted the Q3 December 2007 advance tax figure.

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