Corporate News     27-Mar-24
Procter & Gamble Hygiene and Health Care update on changes in tax liability
Procter & Gamble Hygiene and Health Care has arrived at an advanced pricing agreement with the tax authorities on 26 March 2024, determining appropriate transfer pricing methodology for certain identified transactions with Company's affiliate(s) for the years viz., F.Y. 2010-11 to F.Y. 2018-19. As a consequence of this agreement;

1. An additional tax liability, approximately of about Rs. 36 crore (including interest) is payable.

2. There will be a reduction in contingent liabilities of approximately Rs. 87 crore, subject to withdrawal of relevant tax litigations by the respective parties

Previous News
  Procter & Gamble Hygiene and Health Care standalone net profit rises 36.45% in the September 2023 quarter
 ( Results - Announcements 30-Oct-23   17:41 )
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 ( Hot Pursuit - 06-Jun-24   13:00 )
  Procter & Gamble Hygiene &Healthcare to hold board meeting
 ( Corporate News - 08-Oct-22   10:09 )
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 ( Hot Pursuit - 07-Jul-23   13:00 )
  Procter & Gamble Hygiene reports PAT of Rs 1,138 crore for Q1 2023
 ( Hot Pursuit - 30-Oct-23   18:21 )
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 ( Results - Announcements 23-Aug-22   18:23 )
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 ( Market Beat - Reports 27-Jan-22   11:39 )
  Board of Procter & Gamble Hygiene &Healthcare recommends Interim Dividend
 ( Corporate News - 01-Feb-23   11:32 )
  Procter & Gamble Hygiene and Health Care Ltd eases for fifth straight session
 ( Hot Pursuit - 03-Sep-24   13:35 )
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 ( Hot Pursuit - 10-Jan-22   13:01 )
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 ( Hot Pursuit - 05-May-21   09:21 )
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