The richest Asian, mukesh ambani, is the owner of reliance Industries, a Fortune 500 firm. reliance Industries, with a market capitalization of Rs 19.68 lakh billion, is the biggest conglomerate in India. mukesh ambani is the nation's biggest taxpayer after reliance Industries paid the government over Rs 20,713 crore in taxes for the fiscal year 2023.
The state bank of india (SBI) and hdfc bank, in that order, are the second and third biggest taxpayers after Reliance. sbi paid income taxes totaling Rs 17,649 crore in the preceding fiscal year. Income taxes totaling Rs 15,350 crore were paid by hdfc bank, which has Atanu Chakraborty as its independent director and part-time chairman. With taxes paid totaling Rs 14,604 crore in the fiscal year 2023, Tata Consultancy services (TCS), the IT division of the Tata Group, is now the second-largest listed corporation in India. At the moment, ratan tata serves as the Tata Group chairman.
For the fiscal year 2023, ICICI bank, the fourth-biggest firm in india, paid taxes of Rs 11,793 crore. Chanda Kochhar was the bank's chief operating officer before sandeep Bakhshi was named CEO in 2018.
Infosys, which paid taxes of Rs 9,214 crore in the previous year, is another significant contributor to the IT sector. NR narayana murthy started Infosys, a global company with operations in over 56 countries.
It's interesting to note that adani Group chairman gautam adani does not rank among India's top ten taxpayers. This is a result of the fact that earnings, not market capitalization, are the subject of corporate taxes in India. Despite having a large market value, the adani Group does not make as much money as other leading businesses or reliance Industries, owned by mukesh Ambani.
The state bank of india (SBI) and hdfc bank, in that order, are the second and third biggest taxpayers after Reliance. sbi paid income taxes totaling Rs 17,649 crore in the preceding fiscal year. Income taxes totaling Rs 15,350 crore were paid by hdfc bank, which has Atanu Chakraborty as its independent director and part-time chairman. With taxes paid totaling Rs 14,604 crore in the fiscal year 2023, Tata Consultancy services (TCS), the IT division of the Tata Group, is now the second-largest listed corporation in India. At the moment, ratan tata serves as the Tata Group chairman.
For the fiscal year 2023, ICICI bank, the fourth-biggest firm in india, paid taxes of Rs 11,793 crore. Chanda Kochhar was the bank's chief operating officer before sandeep Bakhshi was named CEO in 2018.
Infosys, which paid taxes of Rs 9,214 crore in the previous year, is another significant contributor to the IT sector. NR narayana murthy started Infosys, a global company with operations in over 56 countries.
It's interesting to note that adani Group chairman gautam adani does not rank among India's top ten taxpayers. This is a result of the fact that earnings, not market capitalization, are the subject of corporate taxes in India. Despite having a large market value, the adani Group does not make as much money as other leading businesses or reliance Industries, owned by mukesh Ambani.
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