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How Vedanta Redefines Corporate Tax Responsibility in India

For corporates like Vedanta, taxation is not just a regulatory checkbox; itu2019s an integral part of its Environmental, Social, and Governance (ESG) agenda. Corporate tax payments are a fundamental dimension as they fund public goods and services and reduce the unequal distribution of wealth. Vedanta doesnu2019t consider Vedanta tax merely as a cost rather an investment made for creating a better world. In its latest Tax Transparency Report, Vedanta disclosed that it has made a staggering contribution of over INR 4.5 lakh crore to the national exchequer in the last decade, including INR 55,349 crore

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How Vedanta Redefines Corporate Tax Responsibility in India

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  1. HOW VEDANTA REDEFINES CORPORATE TAX RESPONSIBILITY IN INDIA?

  2. In today’s evolving global economy, companies are no longer evaluated based on their growth and expansion only. Rather, the way they earn, report, create value for shareholders, and return value to society, especially through taxes. For emerging nations like India, tax revenues play an important role in improving public infrastructure, social welfare, and healthcare facilities. However, the social functions of corporate taxation and the ethical tax-paying practices are rarely acknowledged by companies in pursuit of profit maximisation. 1

  3. Amid rising scrutiny and concerns about profit- shifting and offshore tax evasion, one company that does ethical business and meets its tax obligations is Vedanta Limited, a global natural resources, critical minerals, and transition metals conglomerate, that is redefining what corporate tax responsibility looks like in India.

  4. A Shift from Obligation to Ethical Strategy For corporates like Vedanta, taxation is not just a regulatory checkbox; it’s an integral part of its Environmental, Social, and Governance (ESG) agenda. Corporate tax payments are a fundamental dimension as they fund public goods and services and reduce the unequal distribution of wealth. Vedanta doesn’t consider Vedanta tax merely as a cost rather an investment made for creating a better world. In its latest Tax Transparency Report, Vedanta disclosed that it has made a staggering contribution of over INR 4.5 lakh crore to the national exchequer in the last decade, including INR 55,349 crore in FY25.

  5. Final Words At a time when corporations lack transparency, Vedanta has emerged as a trendsetter not just in natural resources but in creating a prosperous world. The record-breaking Vedanta tax contributions, ethical business practices, and detailed public disclosures challenge the outdated view of corporations as opaque tax avoiders. By going beyond compliance and embedding tax responsibility into its governance DNA, Vedanta is setting an example for others as well. 3

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