Rediff.com« Back to articlePrint this article

These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Ranbaxy Laboratories.

Finance Minister P Chidambaram has asked the Income Tax department to focus on the companies that pay less than effective tax rate of 24 per cent. The following is the list of companies from the Nifty, which fall in this category.

Ranbaxy Laboratories

Year End: Dec 2011
Loss: Rs 2,686 crore
Tax: Rs 218 crore
Effective tax rate (%): Nil

Data source: CapitalinePlus

Click NEXT to read more...

These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Cairn India employees work at a storage facility for crude oil at Mangala oil field at Barmer in Rajasthan.

Cairn India

Year End: Mar 2012
Profit before tax: Rs 8,423 crore
Tax: Rs 373 crore
Effective tax rate (%):4.4

Click NEXT to read more...

These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Gurgaon-Faridabad road.

Reliance Infrastructure

Year End: Mar 2012
Profit before tax: Rs 1,804 crore
Tax: Rs 175 crore
Effective tax rate (%): 9.7

Click NEXT to read more...

These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Sun Pharma.

Sun Pharma

Year End: Mar 2012
Profit before tax: Rs 3,355 crore
Tax: Rs 383 crore
Effective tax rate (%):11.4

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Bank of Baroda.

Bank of Baroda

Year End: Mar 2012
Profit before tax: Rs 6,304 crore
Tax: Rs 1,088 crore
Effective tax rate (%): 17.3

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
HCL Tech wins Golden peacock award.

HCL Tech

Year End: Jun 2012
Profit before tax: Rs 2,361 crore
Tax: Rs 410 crore
Effective tax rate (%):17.4

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Tata Storme.

Tata Motors

Year End: Mar 2012
Profit before tax: Rs 13,534 crore
Tax: Rs 2,525 crore
Effective tax rate (%):18.7

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Jindal Steel.

Jindal Steel

Year End: Mar 2012
Profit before tax: Rs 5,189 crore
Tax: Rs 1,000 crore
Effective tax rate (%): 19.3

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Maruti plant at Manesar.

Maruti Suzuki

Year End: Mar 2012
Profit before tax: Rs 2,145 crore
Tax: Rs 418 crore
Effective tax rate (%): 19.5

Click NEXT to read more...

These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST

ACC

Year End: Dec 2011
Profit before tax: Rs 1,505 crore
Tax: Rs 296 crore
Effective tax rate (%): 19.6

Click NEXT to read more...

These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Cipla corporate office.

Cipla

Year End: Mar 2012
Profit before tax: Rs 1,448 crore
Tax: Rs 286 crore
Effective tax rate (%): 19.8

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Reliance Industries oil rig.

Reliance Industries

Year End: Mar 2012
Profit before tax: Rs 25,408 crore
Tax: Rs 5,226 crore
Effective tax rate (%):20.6

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST

Hindalco Industries

Year End: Mar 2012
Profit before tax: Rs 4,345 crore
Tax: Rs 925 crore
Effective tax rate (%):21.3

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Wipro chairman Azim Premji.

Wipro

Year End: Mar 2012
Profit before tax: Rs 6,981 crore
Tax: Rs 1,584 crore
Effective tax rate (%):22.7

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
Anil Agarwal, chairman, Sterlite Industries.

Sterlite Industries

Year End: Mar 2012
Profit before tax: Rs 9,872 crore
Tax: Rs 2,248 crore
Effective tax rate (%):22.8

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST

Hindustan Unilever Ltd

Year End: Mar 2012
Profit before tax: Rs 3,622 crore
Tax: Rs 832 crore
Effective tax rate (%):23.0

Click NEXT to read more...


These 17 Indian companies pay low taxes

Last updated on: September 10, 2012 08:31 IST
NTPC.

NTPC

Year End: Mar 2012
Profit before tax: Rs 13,137 crore
Tax: Rs 3,106 crore
Effective tax rate (%):23.6


Source: source image