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Biecco Lawrie shares collection from Petroleum Sector

The Ministry of Petroleum and Natural Gas has written to Biecco Lawrie Limited regarding collection from Petroleum Sector. In response, the company has shared the following data and information.

Details of share held by Government along with dividend received therefrom during each of the last three years and the current year

Year

Number of shares held by President of India (Face value
of each share INR 10.00)

Number of shares held by Oil India Development board (Face
value of each share INR 10.00)

Dividends paid

2010-11

24099700

17580000

Nil

2011-12

24099700

17580000

Nil

2012-13

24099700

50338500

Nil

2013-14 (Estimated)

24099700

50338500

Nil

The amount of tax received (Amount in INR lacs)

Year

Corporate Income tax paid

Income tax deducted at source and deposited

Service tax paid

Central Excise paid

Sale Tax paid

2010-11

Nil

119.36

19.07

152.01

103.06

2011-12

Nil

65.86

48.52

113.56

58.97

2012-13

Nil

106.84

18.01

135.22

54.07

2013-14

Nil

40.34

  

73.91

10.88

Total

  

332.4

85.6

474.7

231.98

Source: SNP Infra Research