Effective tax rate of leading companies India FY 2022

Published by Statista Research Department, May 2, 2024

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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Release date

March 2023

Region

India, APAC

Survey time period

FY 2022

Supplementary notes

This is not an exhaustive list. Data is based on a standalone basis except HCL. 

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

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