Vedanta Limited Releases 10th Annual Tax Transparency Report

Vedanta Limited released the 10th edition of its annual Tax Transparency Report (TTR), reaffirming its commitment to transparent and responsible tax practices. The company has contributed ₹4,48,830 crore to exchequers across its domestic and international operations over the past decade (FY15-16 to FY24-25). In FY25 alone, Vedanta contributed ₹55,349 crore (37% of the Consolidated Revenue) through direct and indirect taxes, royalties, dividends, and other statutory payments. Of this, a significant ₹54,595 crore was contributed to the Indian exchequer.

In India, Vedanta has operations in 15 states, with its Rajasthan operations contributing ₹25,436 crore and Odisha operations ₹9,176 crore to the exchequer in FY25.

In his remarks, Anil Agarwal, Chairman, Vedanta Limited, thanked the Government of India and all stakeholders for their trust in the company, and said: “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.”

The company’s FY25 tax contribution includes ₹24,649 crore in the form of taxes on income and capital, government royalty, and other taxes. Similarly, Vedanta contributed ₹27,081 crore in indirect taxes, withholding taxes, and other indirect contributions, while also paying a dividend of ₹3,619 crore to the Government of India. As per the company’s TTR, its Zinc division contributed ₹19,359 crore in FY25, making it the highest among all business verticals. This was followed by the Aluminium business at ₹12,350 crore and the Oil & Gas business at ₹10,195 crore.

Priya Agarwal Hebbar, Chairperson, Hindustan Zinc and Non-Executive Director, Vedanta Limited, also emphasized “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”.

The company has been voluntarily publishing its Tax Transparency Report for the last ten years. The report offers a comprehensive disclosure of the company’s tax strategy, governance practices, and country-wise contributions, in alignment with global best practices. It draws inspiration from two prominent frameworks including the B Team Responsible Tax Principles and EITI.