{"id":1306322,"date":"2026-02-19T10:52:22","date_gmt":"2026-02-19T05:22:22","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1306322"},"modified":"2026-02-19T10:58:42","modified_gmt":"2026-02-19T05:28:42","slug":"reliance-paid-60-more-income-tax-than-tcs-in-2024","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/","title":{"rendered":"Reliance Paid 60% More Corporate Tax Than TCS In 2024"},"content":{"rendered":"\n

There are major corporations that contribute far larger amounts to the government through corporate taxation, often without much public attention.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

As per the Hurun India 2024 report and advance tax filing data for the financial year 2023\u201324, Reliance Industries ranked first among corporate taxpayers.<\/p>\n\n\n\n

India\u2019s Leading Corporate Tax Contributors: Reliance Industries Tops the 2024 List<\/strong><\/h2>\n\n\n\n

The company paid an enormous Rs 25,707 crore in corporate tax in 2024.<\/p>\n\n\n\n

Reliance Industries is also the most valuable company in India in terms of market capitalisation.<\/p>\n\n\n\n

Under the leadership of Mukesh Ambani, the company operates across diverse industries such as oil and gas, petrochemicals, retail, and telecommunications.<\/p>\n\n\n\n

Its broad and diversified operations generate high profits, which translate into substantial tax contributions to the government.<\/p>\n\n\n\n

Following Reliance Industries, Tata Consultancy Services holds the second position among top corporate taxpayers.<\/p>\n\n\n\n

The Tata Group\u2019s leading IT firm paid Rs 15,898 crore in corporate tax.<\/p>\n\n\n\n

Tata Consultancy Services remains one of India\u2019s largest exporters of IT services and maintains consistent profitability with a strong global footprint.<\/p>\n\n\n\n

Vedanta Limited secured third place by paying approximately Rs 12,826 crore in corporate taxes.<\/p>\n\n\n\n

The company operates in industries such as mining, oil and gas, and metals, making it a significant source of government revenue.<\/p>\n\n\n\n

Top Corporate Taxpayers in India: HDFC Bank, Infosys, ITC, Kotak Mahindra Bank, HCL Technologies, Larsen & Toubro and Bajaj Finance<\/strong><\/h2>\n\n\n\n

Other prominent companies that feature among the top ten corporate taxpayers include HDFC Bank, Infosys, ITC Limited, Kotak Mahindra Bank, HCL Technologies, Larsen & Toubro, and Bajaj Finance.<\/p>\n\n\n\n

These organisations operate across sectors such as banking, information technology, infrastructure, manufacturing, and financial services, and they make meaningful contributions to the national economy.<\/p>\n\n\n\n

Corporate tax revenue forms a substantial portion of the government\u2019s overall income.<\/p>\n\n\n\n

The money collected from these taxes is allocated toward infrastructure projects, welfare initiatives, defence spending, healthcare systems, and educational development.<\/p>\n\n\n\n

Although public focus often remains on individual taxpayers, large corporations account for a considerable share of direct tax collections.<\/p>\n\n\n\n

The findings of the Hurun India 2024 report highlight that India\u2019s largest companies are not only engines of economic expansion but also vital contributors to the country\u2019s public finances through their tax payments.<\/p>\n","protected":false},"excerpt":{"rendered":"

There are major corporations that contribute far larger amounts to the government through corporate taxation, often without much public attention. As per the Hurun India 2024 report and advance tax filing data for the financial year 2023\u201324, Reliance Industries ranked first among corporate taxpayers. India\u2019s Leading Corporate Tax Contributors: Reliance Industries Tops the 2024 List […]<\/p>\n","protected":false},"author":25,"featured_media":1306359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1306322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nReliance Paid 60% More Corporate Tax Than TCS In 2024 - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reliance Paid 60% More Corporate Tax Than TCS In 2024 - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"There are major corporations that contribute far larger amounts to the government through corporate taxation, often without much public attention. As per the Hurun India 2024 report and advance tax filing data for the financial year 2023\u201324, Reliance Industries ranked first among corporate taxpayers. India\u2019s Leading Corporate Tax Contributors: Reliance Industries Tops the 2024 List […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-19T05:22:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-19T05:28:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM-1024x502.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"502\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Radhika Kajarekar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Radhika Kajarekar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/\",\"url\":\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/\",\"name\":\"Reliance Paid 60% More Corporate Tax Than TCS In 2024 - Trak.in - Indian Business of Tech, Mobile & Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM.png\",\"datePublished\":\"2026-02-19T05:22:22+00:00\",\"dateModified\":\"2026-02-19T05:28:42+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/3d6ff61ba47715670139663cc4767b1c\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM.png\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM.png\",\"width\":2466,\"height\":1210},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reliance Paid 60% More Corporate Tax Than TCS In 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile & Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/3d6ff61ba47715670139663cc4767b1c\",\"name\":\"Radhika Kajarekar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f1db673eec2bc1089f0cb5aabbc342d28aa6e57f0b0ade5099ce322f0a984358?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f1db673eec2bc1089f0cb5aabbc342d28aa6e57f0b0ade5099ce322f0a984358?s=96&d=mm&r=g\",\"caption\":\"Radhika Kajarekar\"},\"url\":\"https:\/\/trak.in\/stories\/author\/radhika-kajarekar\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Reliance Paid 60% More Corporate Tax Than TCS In 2024 - Trak.in - Indian Business of Tech, Mobile & Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/","og_locale":"en_US","og_type":"article","og_title":"Reliance Paid 60% More Corporate Tax Than TCS In 2024 - Trak.in - Indian Business of Tech, Mobile & Startups","og_description":"There are major corporations that contribute far larger amounts to the government through corporate taxation, often without much public attention. As per the Hurun India 2024 report and advance tax filing data for the financial year 2023\u201324, Reliance Industries ranked first among corporate taxpayers. India\u2019s Leading Corporate Tax Contributors: Reliance Industries Tops the 2024 List […]","og_url":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile & Startups","article_published_time":"2026-02-19T05:22:22+00:00","article_modified_time":"2026-02-19T05:28:42+00:00","og_image":[{"width":1024,"height":502,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM-1024x502.png","type":"image\/png"}],"author":"Radhika Kajarekar","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Radhika Kajarekar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/","url":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/","name":"Reliance Paid 60% More Corporate Tax Than TCS In 2024 - Trak.in - Indian Business of Tech, Mobile & Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM.png","datePublished":"2026-02-19T05:22:22+00:00","dateModified":"2026-02-19T05:28:42+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/3d6ff61ba47715670139663cc4767b1c"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM.png","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM.png","width":2466,"height":1210},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/reliance-paid-60-more-income-tax-than-tcs-in-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"Reliance Paid 60% More Corporate Tax Than TCS In 2024"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile & Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/3d6ff61ba47715670139663cc4767b1c","name":"Radhika Kajarekar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f1db673eec2bc1089f0cb5aabbc342d28aa6e57f0b0ade5099ce322f0a984358?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f1db673eec2bc1089f0cb5aabbc342d28aa6e57f0b0ade5099ce322f0a984358?s=96&d=mm&r=g","caption":"Radhika Kajarekar"},"url":"https:\/\/trak.in\/stories\/author\/radhika-kajarekar\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/02\/Screenshot-2025-01-27-at-9.07.39-AM.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1306322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1306322"}],"version-history":[{"count":3,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1306322\/revisions"}],"predecessor-version":[{"id":1306363,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1306322\/revisions\/1306363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1306359"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1306322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1306322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1306322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}