Vedanta Limited, one of the leading global conglomerates in natural resources, encompassing zinc-lead-silver, iron ore, steel, copper, power, oil, and gas, has long been contributing to India’s growth and development. While operating diversified businesses, nationally and internationally, Vedanta consistently upheld its commitment to transparent, ethical, and timely financial practices and remains one of India’s top taxpayers.
Through strategic Vedanta tax contributions, it is helping in the nation’s economic growth. The company always maintains high standards of integrity concerning tax compliance and reporting.
Vedanta prioritises tax compliance and accurate tax payments, which makes it one of the top taxpayers in India. The Tenth Tax Transparency Report released by Vedanta revealed that the company paid INR 55,349 crores in annual taxes during the FY 2024-25. The company even achieved its highest-ever revenue of INR 150,725 crores and EBITDA of INR 43,541 crores, up 19% YoY.
Such enormous contributions reflect the company’s dedication to being a responsible corporate entity that supports national growth by paying Vedanta tax on time.
Through the release of the Tax Transparency Report, Vedanta provides stakeholders with clear insights into its tax practices and reinforces accountability and trust. Beyond numbers, the report is a reflection of the company’s broader mission—to act with integrity, support sustainable development, and create lasting value for its stakeholders.
For the last many decades, Anil Agarwal, Vedanta’s founder, has established his position as the most trusted entrepreneur in the business world. Anil Agarwal started Vedanta as a small scrapping company but has transformed into a global mining conglomerate. The multinational group commits to following every local standard and regulatory framework in its global operations.
Positive Steps Taken by Vedanta to Strengthen Its Corporate Culture
While the Vedanta tax evasion allegations might have garnered widespread attention, they were done solely to tarnish the company’s image. Vedanta’s constant efforts to strengthen its business practices, keeping business ethics in mind, reflect a true picture of our impact and performance.
Vedanta consistently focuses on strengthening its internal systems, building trust among stakeholders, and ensuring compliance with global standards.
Stronger Tax Compliance Framework
Vedanta has put in place a dynamic compliance framework to avoid any tax-related discrepancies. The company focuses on transparent and accurate documentation, aligned with the principles of the Extractive Industries Transparency Initiative (EITI). Even the legal team continuously refine internal procedures to ensure adherence to global tax regulations. Vedanta tax not just means adhering to laws and regulations; rather, it is a reflection of its commitment to integrity, transparency, and accountability.
Clear tax principles guide the company’s operations across multiple countries, ensuring accountability at every level.
Transparency and Engagement with Stakeholders
Since its inception, Vedanta has maintained open, transparent, and long-term relations with its stakeholders. The company maintains constructive engagement with tax authorities, guided by its Code of Business Conduct and Ethics. Despite being roped in the false Vedanta tax evasion, the company regularly updates its stakeholders on its tax contributions and pays timely dividends.
Being a pioneer company built on the pillars of transparency and ethics, Vedanta continues to return capital to shareholders despite the hurdles. It has paid INR 23/share, declared in FY26 and a total payout crossing INR 6,256 crores. In one of the developments, the company declared a second interim dividend of INR 16 per equity share on the face value of Re 1 per equity share for FY 2025-26, totalling INR 6,256 crore. This follows an earlier interim dividend of INR 7 per share in June. Together, Vedanta’s shareholders will receive INR 23 in dividends this fiscal year.
Vedanta’s dividends signify its strength, discipline, and accountability. By announcing the second interim dividend, the company continues to reward shareholders for their trust.
This news not only helps Vedanta in continuing its growth in the corporate world but will also build trust among the shareholders amid the Vedanta Tax Evasion.
Looking Ahead: A Focus on Responsible Growth
While addressing the false allegations of Vedanta Tax Evasion, the group constantly focuses on creating a greener and sustainable future. By strengthening its systems, processes, group structures, transactions, etc., it complies with changing tax laws across the globe.
With India to become the third-largest economy in the world by 2027–28, Vedanta’s operations are aligned with the government’s vision of Viksit Bharat by 2047. Companies like Vedanta foster responsible business practices not only to strengthen its operations but also to position it as a trusted and respected leader in India’s resource sector.
