Vedanta contributed Rs 4.5 lakh crore to govt in last 10 yrs, Rs 55,349 crore in FY25 
Corporate Watch

Vedanta contributed Rs 4.5 lakh crore to Govt in last 10 yrs, Rs 55,349 crore in FY25

The company said it has "contributed Rs 4,48,830 crore to exchequer across its domestic and international operations over the past decade

PTI

New Delhi: Anil Agarwal-led Vedanta Ltd has contributed Rs 4.5 lakh crore to the government exchequer over the last 10 years.

In its annual Tax Transparency Report (TTR), the company reaffirmed its commitment to transparent and responsible tax practices.

PSU Watch is now on Whatsapp Channels. Click here to joi

The company said it has "contributed Rs 4,48,830 crore to exchequer across its domestic and international operations over the past decade (FY15-16 to FY24-25)."

In FY25 alone, the company contributed Rs 55,349 crore (37 percent of the consolidated revenue) through direct and indirect taxes, royalties, dividends, and other statutory payments. Of this, Rs 54,595 crore was contributed to the exchequer.

In India, Vedanta has operations in 15 states, with Rajasthan operations contributing Rs 25,436 crore and Odisha Rs 9,176 crore to the exchequer in FY25.

Vedanta Ltd, a subsidiary of Vedanta Resources, is one of the world’s leading natural resources, critical minerals, energy and technology companies, spanning across India, South Africa, Namibia, Liberia, UAE, among others.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

GRSE Board approves Rs 2,896 crore for greenfield shipyard at Raichak

Bhaskar Chowdary Nettem joins ONGC board as Director (Production)

NALCO, Odisha Pollution Control Board join hands for fly ash management

Govt taking steps to build harmonised data infrastructure: MoSPI Secretary

SCOPE holds workshop for PSEs on new Labour Codes, Central Rules