Question: Which Is The Highest Tax Paying Company In India?

By paying Rs 5,192 crore (Rs 51.92 billion) as advance tax by December, as against Rs 4,818 crore (Rs 48.18 billion), ONGC emerged the highest corporate taxpayer followed by steel major SAIL (Rs 2,351 crore or Rs 23.51 billion).

Which company pays the highest tax in India?

Reliance Industries – Often described as the largest public trading company with regard to India’s market capitalization. It paid 47.83 billion INR as taxes, which is 25% less than the profits it earned. State Bank of India – SBI which is the largest bank of India pays 45.99 billion INR as taxes.

Which is the highest tax paying company in Noida?

Ebiz.com pvt. Ltd. is the highest tax paying company in Noida. Dr. Pawan Malhan is the creator of the company ebiz and he is an an educationalist.

Who is the highest tax payer in India 2018?

Megastar Amitabh Bachchan paid Rs 70 crore as tax for the financial year 2018-19. With this, he has earned the title of the highest taxpayer in the Hindi Film Industry, which was earlier held by Salman Khan. The ‘Sultan’ actor paid Rs. 44.5 crore as advance tax for the fiscal year 2017-18.

What are the top 10 Indian companies?

IOCL ranked 1st company in the list of Fortune India 500, followed by Reliance and ONGC.

  • Indian Oil Corporation.
  • Oil and Natural Gas Corporation.
  • State Bank of India.
  • Tata Motors.
  • Bharat Petroleum.
  • Hindustan Petroleum.
  • Rajesh Exports.

How many pay taxes in India?

The analysis also shows that the top 5% of effective tax-payers in the country, equivalent to 0.1% of the country’s population, contribute nearly three-fifths of India’s income tax collections.

Who paid more tax in India?

Contrast this with 2014-2015: 19.18 lakh individuals paid around 74 percent of the total tax paid by individuals. The population in 2014 was 129.4 crore, so 0.15 percent of India’s population paid 74 percent of income tax paid by individuals. Basically, the rich pay a bulk of India’s individual income tax.

Who is the youngest and selfmade Crorepati of India?

It’s a great feet by Ebiz PVT LTD, Proud of Shri Shri Sunny Arora jee, he is the YOUNGEST CROREPATI OF ASIA.

Can eBIZ money be refunded?

The request for the cancellation can also be sent by posting cancellation request at eBIZ Support. We shall refund your money after the deduction of a processing fee of Rs. 860/- (inclusive of all taxes). You can get your money after one month of restration.

What percent of Indian population pay taxes?

In fact, an astonishingly small number of Indians actually pay taxes. Out of 37 million Indians who filed tax returns last year, 10 million were exempt, leaving just 27 million to actually pay anything, according to Finance Minister Arun Jaitley. That’s a little more than 2 percent of the entire country.

How much does Mukesh Ambani earn in a day?

Mukesh Ambani draws a yearly salary of Rs. 18,00,00,000 ($ 2.7 million) that which equals to Rs. 4,93,150 ($ 7569) daily. As of 2015, Mukesh Ambani’s net worth is $19.2 billion and his age is 58. That means he has made a whooping $900,000 daily right from his birth!

Which state pays the most taxes in India?

Top 10 highest income tax paying states in India

  1. Karnataka (8.7% of GDP) 4/10.
  2. Tamil Nadu (6.4% of GDP) 5/10.
  3. Gujarat (5.2% of GDP) 6/10.
  4. Andhra Pradesh (4.3% of GDP) 7/10.
  5. West Bengal (4.0% of GDP) 8/10.
  6. Uttar Pradesh (3.9% of GDP) 9/10.
  7. Madhya Pradesh (2.0% of GDP) 10/10.
  8. Rajasthan (1.9% of GDP). Next. Gallery.

Who is the highest tax payer in world?

Countries With Highest Income Tax for Singles

  • Belgium, 42.0% Belgium, like many countries we’ll discuss here, has a progressive tax, which means that higher-income individuals pay more taxes than lower-income individuals do.
  • Germany, 39.7%
  • Denmark, 36.1%
  • Austria, 34.9%
  • Hungary, 34.5%

Which is the India’s No 1 company?

Glaze Trading India Pvt. Ltd. is one of the top Indian Direct Selling Companies trading all its products in India which have been certified by The Indian Direct Selling Association IDSA. The Indian Direct Selling Association IDSA is an autonomous, self-regulatory body for the direct selling industry in India.

Which company is top in India?

Here is the list of the top 10 companies in India according to their market capitalisation:

  1. Tata Consultancy Services (TCS)
  2. Reliance Industries Limited (RIL)
  3. Oil and Natural Gas Corporation (ONGC)
  4. HDFC Bank.
  5. ITC.
  6. Coal India.
  7. Infosys.
  8. Sun Pharma.

Which are the top 5 companies in India?

Top Ten Largest Companies in India

  • Tata Consultancy Services. Industry: Information technology.
  • Coal India Limited. Industry: Coal Mining.
  • Oil and Natural Gas Corporation Limited.
  • Hindustan Petroleum Corporation Limited.
  • Bharat Petroleum Corporation Limited.
  • Rajesh Exports Limited.
  • Tata Motors.
  • State Bank of India.

How many Muslims pay tax India?

India is home to 11% of the world’s Muslim population.

How much income is tax free in India?

As per the current income tax slabs, taxation of income of resident individuals below 60 years is as follows: Income up to Rs 2.5 lakh is exempt from tax, 5 per cent tax on income between Rs 250,001 to Rs 5 lakh; 20 per cent tax on income between Rs 500,001 and Rs 10 lakh; and 30 per cent tax on income above Rs 10 lakh

Do doctors pay income tax in India?

Anyone with total income of more than Rs 2.5Lakhs in a financial year must file an income tax return. Total income means income earned from all sources – such as salary, rental income, professional income, interest income etc.

Which is the richest state India?

Maharashtra

Do cricketers pay tax?

In India, anyone who earns income above the taxable limit has to pay taxes on such income earned. It does not matter if that person is a cricketer or a software engineer. Exemption/Partial exemption are provided to some people. However, cricketers don’t fall in that category.

Who is highest paid actor in India?

Who are top 10 Highest Paid Actors of Bollywood?

  1. Shah Rukh Khan.
  2. Salman Khan.
  3. Akshay Kumar.
  4. Aamir Khan.
  5. Hrithik Roshan.
  6. Depika Padukone.
  7. Priyanka Chopra.
  8. Amitabh Bachan.