SCCL among top three IT paying entities in Telangana

The SCCL paid Rs 650 crore towards income tax last year while another Rs 598 crore was paid (as income tax) by its employees

By Author  |  Published: 25th Jul 2019  1:26 am

Hyderabad: The Singareni Collieries Company Limited (SCCL) has emerged as one of the three top income tax paying corporate entities in the Telugu States, the other two being the NMDC and the Andhra Bank.

The SCCL paid Rs 650 crore towards income tax last year while another Rs 598 crore was paid (as income tax) by its employees. The SCCL Director Finance N Balaram received an award for SCCL being the third highest taxpayer in the Telugu State at the 159 Aayakar Diwas held here on Wednesday.

The award was presented by the Vice Chancellor of the NALSAR University Dr Faizan Mustafa. Principal Chief Commissioner of Income Tax, N Shankaran presided over the programme.

Now you can get handpicked stories from Telangana Today on WhatsApp / Telegram everyday. Click these links to subscribe and save this number 9182563636 on your contacts.

Click to follow Telangana Today Facebook page and Twitter