Adani Group Pays ₹58,104 Crore Tax in Fiscal 2023-24

Ports-to-power conglomerate Adani Group on Sunday said group companies paid Rs 58,104 crore in taxes in 2023-24, up from Rs 46,610 crore in the previous financial year.

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NEW DELHI:

The taxes paid include direct contributions like global taxes, duties and other charges borne by Adani portfolio of companies, indirect taxes contributions and duties collected and paid on behalf of other stakeholders, and other levies such as social security contributed for the benefit of the employees.

The conglomerate helmed by billionaire Gautam Adani released its Tax Transparency Reports for financial year 2023-24 (April 2023 to March 2024).

For financial year 2023-24, Adani Group's total global tax and other contributions to the exchequer amounted to Rs 58,104.4 crore, showcasing a significant increase from the previous year's Rs 46,610.2 crore through its portfolio of listed entities, it said in a statement.