Arab Today, arab today kingfisher agrees to pay dues by march end
Last Updated : GMT 07:30:49
Arab Today, arab today
Arab Today, arab today

Kingfisher agrees to pay dues by March end

Arab Today, arab today

Arab Today, arab today Kingfisher agrees to pay dues by March end

New Delhi - Arabstoday

Cash-strapped Indian carrier Kingfisher Airlines has not deposited with the government most of the income tax it deducted from its employees’ salaries for the last two fiscal years, junior finance minister told lawmakers on Tuesday.Kingfisher has about 1.3 billion rupees ($24.6 million) of tax deducted at source (TDS) to be deposited with the government and has committed to pay it by the end of the current financial year to March 2012, S.S. Palanimanickam told parliament in a written reply.“Survey has been conducted in case of Kingfisher Airlines, which revealed that the airline had not adhered to TDS provisions,” the minister said.The government has initiated proceedings to recover the default amount, levy interest on delayed payment, and take further statutory actions, the minister said. A Kingfisher spokesman did not immediately respond to calls and e-mail queries.Earlier this month, tax officials had temporarily frozen 11 bank accounts of Kingfisher Airlines after the airline failed to pay service tax dues.Debt-laden Kingfisher, which has been grounding planes and cutting routes to stay afloat, is scouting for funds and is negotiating with its lenders for 7 billion rupees of working capital loans.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kingfisher agrees to pay dues by march end Arab Today, arab today kingfisher agrees to pay dues by march end

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kingfisher agrees to pay dues by march end Arab Today, arab today kingfisher agrees to pay dues by march end

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday