Question : OUTSTANDING CORPORATE TAX



(a) The income tax and corporate tax outstanding against Central Public Sector Undertakings ; and

(b) The comparable outstandings against similar large industrial houses and multi-national corporations respectively ?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI GINGEE N. RAMACHANDRAN)


a) The total outstanding demand against Central Public Sector Undertakings having outstanding demand of over Rs. 1 crore - as on 31.3.2001 - is Rs. 3554 crores.

b) The outstanding demands against other Corporate assessees having outstanding demands of over Rs. one crore (excluding the above stated Central Public Sector Undertakings) is Rs. 22,554 crores as on 31.3.2001.