RIL pays Rs 770 crore advance tax in Q4

Reliance Industries has paid Rs 770 crore ($169 million) as advance tax for the

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March quarter compared with Rs 365 crore a year ago, an income tax department source said on Monday.

Cement maker ACC paid Rs 330 crore, from Rs 340 crore a year ago, the source, who did not wish to be named, added.

State-run Union Bank of India paid Rs 185 crore, from Rs 253 crore a year ago. TCS paid Rs 178 crore, from Rs 53 crore earlier and Ambuja Cement paid Rs 120 crore, from Rs 125 crore a year ago.

Asian Paints paid Rs 60 crore, versus Rs 43 crore earlier, the official said.

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