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Tatas highest corporate taxpayer last fiscal
August, 25th 2007
The Tata Group has emerged as the largest taxpayer in the country contributing 10.3 per cent to the total corporate tax amounting to Rs 15,130.83 crore in 2006-07, according to industry chamber Assocham.

According to the chamber, the top 50 companies paid Rs 29,748 crore with 20.3 per cent share in the corporate tax collection in the last fiscal.

Reliance Industries (Mukesh Ambani Group) was the second highest taxpaying group, paying Rs.2, 372 crore or a share of 1.6 per cent.

The Aditya Birla Group has emerged as the third largest tax paying business house with 0.93 per cent share in the tax revenue.

The consolidated amount of tax paid by all the companies in the group was Rs 1, 364.1 crore.

The Government collected Rs 1,46,497 crore by means of corporate tax imposed at the rate of 30 per cent. Corporate tax is the largest contributor to the gross tax revenue at 31 per cent.

Union excise duties, had the maximum share till 2005-06.

 
 
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