Top 10 Highest Tax-Paying Companies In India

Sentinel Digital Desk

Many Indian firms saw considerable profits in fiscal year 2023, with many emerging as big taxpayers. Bloomberg data show that around 20 companies in the Nifty 50 index outperformed their EBITDA expectations for the year.

1. Reliance Industries Limited - ₹20,713 cr

2. State Bank of India - ₹17,649 cr

3. HDFC Bank - ₹15,350 cr

4. Tata Consultancy Services (TCS) - ₹14,604 cr

5. ICICI Bank - ₹11,793 cr

6. Oil and Natural Gas Corporation (ONGC) - ₹10,273 cr

7. Tata Steel - ₹10,160 cr

8. Coal India - ₹9,876 cr

9. Infosys - ₹9,214 cr

10. Axis Bank - ₹7,703 cr

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