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Our tax and other contributions

Upholding responsible tax practices

We are committed to fulfilling our tax responsibilities by ensuring full compliance with applicable tax laws across all geographies we operate.

Our tax governance framework is designed to maintain transparency, accountability, and adherence to statutory obligations, ensuring value creation for shareholders and sustainable business growth.

Taxes serve as a fundamental source of revenue for the Governments and are crucial in financing both development initiatives and socio-economic programmes. Consequently, taxes present a substantial opportunity for businesses to showcase their equitable contributions to nation-building covering society, public services, infrastructure, economic advancement and social welfare.

We consider tax as a material topic that plays a significant role in making economic and social contributions facilitating achievement of sustainable development goals. This dedication is in harmony with our aspiration to become a global leader in businesses that enhance lives and assist nations in developing infrastructure through the creation of sustainable value. We believe that companies are under an obligation to comply with prevailing tax legislations and the Management owns a responsibility to the stakeholders to address expectations of good tax practice.

We are committed to fulfilling our tax responsibilities in all jurisdictions where we conduct business. Our approach to taxation and governance is structured to support such objectives and our goal is to consistently meet our tax obligations promptly, aligning with value creation and adhering to the relevant laws in each jurisdiction in which we operate.

As one of the foremost contributors to the exchequers, we acknowledge our duty to operate with integrity and accountability. Our belief is rooted in the creation of sustainable value for all stakeholders over the long term and we seek to affirm our dedication to transparency, build trust among stakeholders and support the establishment of a more accountable global tax framework.

Principles of Our Tax Approach

The Board periodically reviews all strategic tax matters in its meetings. Comprehensive due diligence is carried for Mergers and Acquisitions, to effectively manage risks and ensure certainty.

Tax Risk Management Approach

Risk Assessment

Continuous tracking and monitoring of changes in tax legislations and policies

Self-Assessment

Regular review of controls and governance practices to prevent non-compliances

Resource Management

Engage external tax expertise to get clarity on the tax laws, wherever needed

Industry Benchmark

Examine industry peers’ tax approach to manage tax risks

Our contribution to the exchequer

ATGL contributed ₹1,286 crore in tax payments across direct, indirect and other contribution categories in FY 2024-25.

  • Payments made by ATGL and its subsidiaries directly to the government in FY 2024-25
  • Payments collected by ATGL and subsidiaries on behalf of the Government from other stakeholders in FY 2024-25
  • Contributions in the form of social security payments and other statutory obligations in FY 2024-25

State-wise Tax and Other Contributions

(₹ in crore)

766

Gujarat

308

Haryana

76

Rajasthan

45

Uttar Pardesh

28

Madhya Pradesh

14

Tamil Nadu

6

Karnataka

22

Maharashtra

2

Odisha

4

Assam

7

Chhattisgarh

2

Jharkhand

6

Punjab

-

Delhi

-

Kerala

Map not to scale (for representation purposes only)

Contribution-wise Snapshot

We have engaged professional consultants to provide an independent assurance report on the Tax and other contributions to the exchequer. The basis for preparation and our approach to tax can be accessed through following link: