Excelsior Correspondent
Srinagar, Sept 15: J&K Bank has paid an Advance Tax of Rs 175 crore for the second quarter of the current financial year 2013-14.
Notably, the bank had paid Advance Tax of Rs 90 crore for the first quarter ended June 2013.
So, for the two quarters the bank has paid a total tax of Rs 265 crore.
Experts say that paying of the Advance Tax of Rs.175 crore for the second quarter ending September 2013 indicates progressive performance of the bank.
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