The Adani Group’s total global tax and other contributions to the exchequer amounted to Rs 58,104.4 crore for the financial year 2023-24. The figure also includes the tax paid by three other listed companies – NDTV, ACC and Sanghi Industries – that are held by the seven companies. The ‘Tax Transparency Reports’ provide a complete breakdown of the group’s global tax. The group strives to harmonise growth with social responsibility, aiming to transform India’s infrastructure landscape while promoting innovation and creating long-term value for stakeholders. The report aims to foster greater stakeholder confidence and set new benchmarks for responsible corporate conduct, Gautam Adani, Chairman of the Adani group, said. He added that the group’s responsibility goes beyond compliance. It is also about operating with integrity and accountability, he said. The company said it aims to build trust with stakeholders and demonstrate its commitment to responsible business practices. The Tax Transparency Report is a voluntary initiative, even though the same is not mandatory. It aims to drive wider stakeholder attention and greater credibility, besides creating the basis for the highest standards of tax transparency.
