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SBI gets massive Rs 63,375 cr tax demand, to challenge order

  • Bias Rating
  • Reliability

    30% ReliableAverage

  • Policy Leaning

    -46% Medium Left

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

-1% Negative

  •   Liberal
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Bias Meter

Contributing sentiments towards policy:

65% : The public lender lender informed stock exchanges that it has received a tax demand notice from the Income Tax Department following scrutiny assessment proceedings.
57% : Mumbai: State Bank of India on Friday said it has received an income tax demand of Rs 63,375 crore for the assessment year 2023-24 and said it will challenge the order.
52% : "SBI has received an order under Section 143(3) read with section 144C(3) and 144B of the Income Tax Act from the Assessment Unit, Income Tax department, in terms of which a demand of Rs 63,37,52,52,550 has been raised pursuant to the scrutiny assessment proceedings conducted for AY 2023-24," SBI said in its filing.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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