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Tax authorities in India have initiated steps to charge Kingfisher for its failure to pay $49m in taxes

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Tax authorities in India have initiated steps to charge Kingfisher for its failure to pay $49m in taxes

Kingfisher Airlines deducted taxes from salaries but did not deposit them with the government, junior Finance Minister SS Palanimanickam told the Indian Parliament yesterday. Kingfisher Airlines owes money to airports, tax authorities, lenders and its own staff and inflation in India is rising at pa...

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