Shedding Light on Vedanta Tax Contributions
This presentation clarifies facts about Vedanta's tax contributions. We will examine their principles, significant payments, and impact on India's economy. Vedanta is a major contributor to India's tax revenues.
Vedanta's Guiding Tax Principles
Trust Compliance
Transparency
Economic Substance
Vedanta operates under nine core tax principles. These ensure compliance, transparency, and ethical conduct globally. They guide all operations and decisions.
State-Level Contributions: Rajasthan
Key State
Rajasthan is central to Vedanta's operations.
Vedanta is a crucial pillar of the state's economy.
Tax Paid
INR 25,730 crores paid to Rajasthan government.
This is from Vedanta's Ninth Tax Transparency Report.
Subsidiaries Making Impact
World's largest integrated zinc producer.
Pioneer in tax compliance and ESG standards.
Largest private-sector crude oil producer in India.
Leading contributor of profit petroleum and taxes.
Hindustan Zinc Limited (HZL)
Cairn Oil & Gas
Significance of Tax Payments
Moral Responsibility
Fulfilling fiscal obligations to society.
Integrity & Transparency
Adherence to laws and regulations.
Stakeholder Trust
Fosters trust with employees and partners.