The effective tax rate paid by Reliance Industries was 16.5 percent in the financial year 2022 whereas Bajaj Finance paid 26 percent. The effective tax rate of some of the leading companies of India fell below the statutory concessional rate. The actual tax outgo as a share of profits is called the effective tax rate.
Effective tax rate of leading companies in India in financial year 2022
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Various sources, & Livemint. (March 26, 2023). Effective tax rate of leading companies in India in financial year 2022 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1464293/india-effective-tax-rate-of-leading-companies/
Various sources, und Livemint. "Effective tax rate of leading companies in India in financial year 2022." Chart. March 26, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1464293/india-effective-tax-rate-of-leading-companies/
Various sources, Livemint. (2023). Effective tax rate of leading companies in India in financial year 2022. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1464293/india-effective-tax-rate-of-leading-companies/
Various sources, and Livemint. "Effective Tax Rate of Leading Companies in India in Financial Year 2022." Statista, Statista Inc., 26 Mar 2023, https://www.statista.com/statistics/1464293/india-effective-tax-rate-of-leading-companies/
Various sources & Livemint, Effective tax rate of leading companies in India in financial year 2022 Statista, https://www.statista.com/statistics/1464293/india-effective-tax-rate-of-leading-companies/ (last visited November 19, 2024)
Effective tax rate of leading companies in India in financial year 2022 [Graph], Various sources, & Livemint, March 26, 2023. [Online]. Available: https://www.statista.com/statistics/1464293/india-effective-tax-rate-of-leading-companies/