<p>Citibank and Deutsche Bank have both paid a significantly higher advance tax in Q4 FY 11 at Rs 400-crore and Rs 170-crore, respectively, an Income Tax source told PTI. They had paid Rs Rs 150-crore and Rs 60-crore, respectively, in Q4 FY 10.<br /><br />While Standard Chartered Bank's tax payment remained unchanged at Rs 200-crore, another foreign banking powerhouse, HSBC, has paid more advance tax at Rs 449-crore in Q4 FY 11 as against Rs 190-crore in the year-ago period, the source said.<br /><br />Amongst Indian public sector banks, Union Bank and Central Bank have paid less advance tax at Rs 70-crore and Rs 110-crore, respectively, in Q4 FY 11. Last fiscal, in the same period, they had paid Rs 175-crore and Rs 252-crore, respectively.<br /><br />IDBI Bank paid Rs 216 crore (rpt) Rs 216 crore this time as against Rs 25 crore in Q4 last fiscal, sources said. Bank of Baroda (BoB), a state-run entity, has however, paid more at Rs 400-crore this time as against Rs 300-crore in Q4 last fiscal. <br /><br />Private banks such as HDFC Bank and ICICI Bank seem to have fared well this fiscal as their outflows are higher.<br /><br />HDFC Bank has paid Rs 540-crore as advance tax this time as against Rs 300-crore in the year-ago period while ICICI Bank shelled out Rs 475-crore as against Rs 350-crore in Q4 last fiscal, the source said.<br /><br />Home-loans lender, HDFC, has paid more in Q4 FY 11 at Rs 340-crore as against Rs 280-crore in the same period last fiscal.<br /><br />Public sector life insurance behemoth, LIC, paid Rs 931-crore this time as against Rs 864-crore in the year-ago period, the source said.</p>
<p>Citibank and Deutsche Bank have both paid a significantly higher advance tax in Q4 FY 11 at Rs 400-crore and Rs 170-crore, respectively, an Income Tax source told PTI. They had paid Rs Rs 150-crore and Rs 60-crore, respectively, in Q4 FY 10.<br /><br />While Standard Chartered Bank's tax payment remained unchanged at Rs 200-crore, another foreign banking powerhouse, HSBC, has paid more advance tax at Rs 449-crore in Q4 FY 11 as against Rs 190-crore in the year-ago period, the source said.<br /><br />Amongst Indian public sector banks, Union Bank and Central Bank have paid less advance tax at Rs 70-crore and Rs 110-crore, respectively, in Q4 FY 11. Last fiscal, in the same period, they had paid Rs 175-crore and Rs 252-crore, respectively.<br /><br />IDBI Bank paid Rs 216 crore (rpt) Rs 216 crore this time as against Rs 25 crore in Q4 last fiscal, sources said. Bank of Baroda (BoB), a state-run entity, has however, paid more at Rs 400-crore this time as against Rs 300-crore in Q4 last fiscal. <br /><br />Private banks such as HDFC Bank and ICICI Bank seem to have fared well this fiscal as their outflows are higher.<br /><br />HDFC Bank has paid Rs 540-crore as advance tax this time as against Rs 300-crore in the year-ago period while ICICI Bank shelled out Rs 475-crore as against Rs 350-crore in Q4 last fiscal, the source said.<br /><br />Home-loans lender, HDFC, has paid more in Q4 FY 11 at Rs 340-crore as against Rs 280-crore in the same period last fiscal.<br /><br />Public sector life insurance behemoth, LIC, paid Rs 931-crore this time as against Rs 864-crore in the year-ago period, the source said.</p>