Tata Motors, Kingfisher owe over ₹1,000 crore each in taxes
Indian automaker Tata Motors and now defunct Kingfisher Airlines are among the four companies that owe over ₹1,000 crore in indirect taxes, the Parliament was informed. The other two entities are Karnataka Industrial Area Development Board and Karnataka Housing Board. In regards with direct taxes, there are 80 cases with outstanding tax demand exceeding ₹1,000 crore each as of June.