Gautam Adani News / Adani paid Rs 6.63 crore tax every hour, made this history

Gautam Adani News: Adani Group, led by Asia's richest businessman Gautam Adani, has set a new record in the field of tax payment. According to the latest report released by the group, Adani Group has contributed a total tax of Rs 58,104.4 crore in the financial year 2023-24. This figure is 24.7% more than the Rs 46,610.2 crore deposited in the previous financial year 2022-23.

Tax payment by hour

If we look at this tax payment on an hourly basis, then Adani Group paid tax of about Rs 6.63 crore every hour in FY 2023-24. Whereas, in FY 2022-23 this figure was Rs 5.32 crore per hour. This increase reflects the financial strength of the Adani Group and their commitment to tax compliance.

Detailed information on tax contribution

• The Adani Group report clarifies that the tax paid by them includes various elements, such as:
• Global taxes and duties
• Indirect tax contributions (paid by various stakeholders)
• Social security contributions (for the benefit of employees)
• Other duties and levies

Contribution by Adani Group's listed companies

Seven major listed companies have contributed significantly to the tax contribution of the Adani Group:

• Adani Enterprises
• Adani Ports and Special Economic Zone
• Adani Green Energy
• Adani Energy Solutions
• Adani Power
• Adani Total Gas
• Ambuja Cements

Additionally, three other listed companies - NDTV, ACC and Sanghi Industries have also contributed to this tax contribution.

Gautam Adani's statement

Goutam Adani, Chairman, Adani Group, said on this historic tax contribution, "We consider ourselves one of the largest contributors to India's treasury. Our responsibility is not limited to tax compliance, but our commitment to act with integrity and accountability is equally important. Every rupee we spend reflects our dedication to transparency and good governance."

Step towards setting new standards

Sharing this report publicly by Adani Group is an important step towards increasing stakeholder trust and setting new standards of responsible corporate governance. Through this initiative, the Group has proved that they prioritize financial transparency and sustainable development.

Conclusion

The tax payment record of Adani Group reflects their significant contribution to the Indian economy. With increasing tax payments every year, the Group is not only expanding its business but also playing an important role in India's economic development. With this transparency and accountability, the Adani Group has set a new standard of corporate leadership.