SBI, Tata Motors in top 100 tax defaulter's list

Disclosing the list in the Rajya Sabha, Minister of State for Finance S S Palanimanickam said in a written reply that top 100 tax defaulters owe to the exchequer whopping Rs 1.41 lakh crore. The Centre is taking various steps to recover the outstanding dues, he said.

Big players
While SBI owes Rs 333.6 crore, Tata Motors and Indian Oil Corporation have to pay Rs 206.5 crore and Rs 210.3 crore to the treasury. BSNL has a tax demand of about Rs 2,417 crore, NTPC Rs 622 crore. VSNL Ltd (now Tata Communications Ltd) has a tax demand of about Rs 505.5 crore. Among corporates, Coca Cola India (Rs 600 crore), Baron International (Rs 589 crore), Oracle Corporation (Rs 558 crore), Rolex Holding Ltd (Rs 558 crore), Aaditya Luxury Hotels (564 crore) and Reliance Energy (Rs 176 crore). Nokia, Daewoo Motors, Bunge India Ltd, Tata Industries, Satyam Computers and IBM Pvt Ltd are other companies which have been named on the list. Among Sahara group companies, Sahara India and Sahara Airlines (now Jetlite) figure among tax defaulters apart from Sahara India Financial Corporation Ltd. He said these demands also include those which are difficult to recover for various reasons like demands notified under Special Court.