Reliance AGM 2023: Mukesh Ambani's Reliance paid more than 16,000 crore tax, created a new record - Newztezz Online

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Monday, August 28, 2023

Reliance AGM 2023: Mukesh Ambani's Reliance paid more than 16,000 crore tax, created a new record

Industrialist Mukesh Ambani is the richest person in Asia, and he is also at the forefront of paying taxes. His company Reliance Industries has made a record by paying tax of more than 16,000 crores.

Asia's richest man billionaire industrialist Mukesh Ambani's Reliance Industries is not only the country's most valuable company. Rather, it is also far ahead in the matter of paying tax to the Government of India. The company has created a new record by paying tax of more than Rs 16,000 crore.

In the 46th Annual General Meeting (AGM) of Reliance Industries on Monday, Mukesh Ambani told that the company has paid direct tax of Rs 16,639 crore in the financial year 2022-23. Not only this, the company also informed about its annual performance in the AGM.

Reliance made a record of earning-profit

Reliance Industries has earned a consolidated revenue of Rs 9,74,864 crore in 2022-23. In this, before paying tax, the profit of the company has been Rs 1,53,920 crore. At the same time, the net profit of the company has been Rs 73,670 crore. This is the best performance of Reliance Industries till date.

12 lakh crores invested in the country

Mukesh Ambani told that Reliance Industries has invested $ 150 billion (about Rs 12,39,390 crore) inside the country in the last 10 years. This is the highest investment made by any other private company in the country. Not only this, Reliance Industries has also been ahead in terms of providing employment within the country. During the financial year 2022-23, the company has added 2.6 lakh jobs. At the same time, the number of all-role employees of the company has increased to 3.99 lakh.

Spending on social work

Reliance Industries spends on Corporate Social Responsibility (CSR) through its Reliance Foundation. In the financial year 2022-23, the company has spent Rs 1,271 crore on CSR. Another big announcement has been made in Reliance's AGM regarding Nita Ambani. He has resigned from the board of Reliance Industries and in his place all three Isha, Akash and Anant have been included in the board of the company. However, Nita Ambani will continue to be the chairperson of Reliance Foundation.

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