07 July 2018

RIL Becomes India's Largest Tax Payer In Private Sector

RIL Becomes India's Largest Tax Payer In Private Sector


Reliance Industries Chairman Mukesh Ambani at the Reliance Industries’ 41st Annual General Meeting announced that Reliance is India’s largest payer of Goods and Services Tax (GST), Excise and Customs Duty, and Income Tax in the private sector paying Rs.9844 crore in FY18.

Reliance has become the first Indian company to record PBDIT (Profit Before Depreciation Interest and Taxes) of over $10 billion. Other Businesses Reliance Industries have are: refining, petrochemicals, retail and digital services.

Source- Business Standard 

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