The Highest Corporate Tax Payers In India
By siliconindia
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Reliance Industries
Reliance Industries paid
47.83 billion as tax, which is 24.82 percent of its profits earned. Operated through three business segments: petrochemicals, refining, and oil and gas, the company also includes textile, retail, special economic zone development and telecom/broadband business. As of 2011, Reliance Industries is the largest publicly traded companies in India in terms of market capitalization. Reliance Industries has been ranked as the 6th most trusted brand in India according to the Brand Trust Report. Having more than 3 million shareholders, Reliance Industries has one of the world’s most widely held stocks.