Kingfisher Airlines owes Rs 60 cr service tax
Vijay Mallya-run Kingfisher Airlines still owes Rs 60 crore to the government in service tax while Air India has accumulated arrears over Rs 300 crore on this account, Central Board of Excise and Customs SK Goel said on Tuesday.
Akshata Deshmukh, Research Analyst, Asian Markets Securities is of the view that Kingfisher Airlines has target of Rs 52.50.