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Vedanta contributes nearly ₹4.5 lakh crore to exchequers over the last decade, ₹55,349 crore in FY25 alone

Chandigarh, June 2025 – In a strong demonstration of its commitment to transparency, accountability, and nation-building, Vedanta Limited, one of India’s largest diversified natural resources companies, has released the 10th edition of its annual Tax Transparency Report (TTR). This milestone underscores Vedanta’s decade-long dedication to voluntary disclosure and responsible tax practices.

Over the past ten years, from FY2015-16 to FY2024-25, Vedanta has contributed an impressive ₹4,48,830 crore to government exchequers across its domestic and international operations. For the financial year FY25 alone, the company contributed ₹55,349 crore—equivalent to 37% of its consolidated revenue—through a mix of direct and indirect taxes, royalties, dividends, and other statutory payments.

Driving Economic Growth Through Responsible Contributions

A lion’s share of this year’s contribution—₹54,595 crore—went to the Indian exchequer, reflecting Vedanta’s extensive footprint and economic engagement across the country. The company’s operations span 15 Indian states, with significant contributions from:

• Rajasthan: ₹25,436 crore

• Odisha: ₹9,176 crore

These numbers reinforce Vedanta’s position as a key contributor to regional development and public revenue generation.

Chairman Anil Agarwal expressed gratitude towards the Government of India and other stakeholders, stating:

“Nation-building is at the core of what we do. Our minerals, materials and energy are used extensively to build the nation’s infrastructure. As India’s leading mining, metals, and natural resources company, we see ourselves as both beneficiaries and enablers of this new era.”

Breakdown of FY25 Tax Contributions

Vedanta’s total tax contributions in FY25 were diversified across multiple categories:

• ₹24,649 crore in direct taxes, government royalty, income and capital taxes

• ₹27,081 crore in indirect taxes, withholding taxes, and other contributions

• ₹3,619 crore in dividends paid to the Government of India

Among its business verticals, the Zinc division emerged as the top contributor with ₹19,359 crore, followed by:

• Aluminium: ₹12,350 crore

• Oil & Gas: ₹10,195 crore

These figures highlight the breadth and depth of Vedanta’s role in India’s natural resource economy.

Tax Transparency: A Pillar of Corporate Governance

The Tax Transparency Report goes beyond numbers. It provides stakeholders with a comprehensive view of Vedanta’s tax strategy, governance practices, and country-wise contributions, aligning with international standards and frameworks such as the B Team Responsible Tax Principles and the Extractive Industries Transparency Initiative (EITI).

Priya Agarwal Hebbar, Chairperson of Hindustan Zinc and Non-Executive Director at Vedanta Limited, emphasized the importance of governance within the broader ESG (Environmental, Social, and Governance) framework:

“At Vedanta, we place a strong emphasis on governance. The ‘G’ in ESG often receives less attention but forms the backbone of a sustainable business. We are deeply committed to practices that ensure fairness, are rooted in ethics, and focus on long-term value creation. The publication of this report for ten consecutive years reflects our belief in governance not as a compliance exercise, but as a cornerstone of corporate citizenship.”

A Decade of Voluntary Disclosure

Vedanta stands out as one of the few Indian corporations to voluntarily publish its Tax Transparency Report for 10 consecutive years. This initiative showcases the company’s proactive approach to corporate responsibility and reflects its leadership in aligning with global best practices in tax disclosure.

By publicly sharing detailed information on its tax contributions and governance policies, Vedanta fosters trust, transparency, and accountability among stakeholders, investors, and the public.

Looking Ahead

As India continues its path of economic transformation and infrastructure expansion, Vedanta’s role as a nation-builder and responsible corporate citizen remains more relevant than ever. The company’s long-standing focus on transparent tax practices, combined with its significant economic contributions, highlights its dedication to driving inclusive and sustainable development.

With the 10th edition of the Tax Transparency Report, Vedanta not only marks a decade of responsible tax stewardship but also sets a benchmark for corporate governance and ethical business conduct in India and beyond.

Explore the full Tax Transparency Report on Vedanta’s official website to learn more about how the company is contributing to India’s growth—responsibly and transparently.