Flipkart's Sachin pays â¹699 cr advance tax for Q1 of FY19 : Report
Flipkart Co-founder Sachin Bansal paid â¹699 crore as advance tax for the April-June quarter of 2018-19, a report citing Income Tax Department sources said. The tax also includes the gains Bansal received from selling his Flipkart stake to US retail giant Walmart. Earlier, reports said Sachin Bansal sold his entire 5.5% stake in Flipkart for about $1 billion to Walmart. 