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Tuesday, Apr 27, 2004

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Opinion - Letters

Corporate tax collections

This is with reference to the editorial titled "Tax bail-out by India Inc" (Business Line, April 23). It is apt that tax collections from the corporates have far exceeded the taxation of individuals. The corporate tax collections have exceeded expectations too. This is not difficult to fathom considering that the total income of the corporates have gone up to achieve the mammoth targets set by them. The net profits of Infosys, Wipro, and Satyam indicate this.

Sajithkumar S


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