How Reliance Didn't Pay any Tax for 30 Years despite making huge profits

from Side Hustle Weekend · host Ankit Uttam

Did you know that Reliance Industries, one of India’s biggest conglomerates, paid zero income tax for 30 straight years?From 1966 to 1996, while making massive profits and rewarding shareholders with 25% returns, Reliance didn’t pay a single rupee in taxes. How did they pull off this shocking feat?So, if you’ve ever wondered how some companies manage to pay little to no taxes while individuals bear the brunt, this video is for you. Don’t miss this shocking story of how Reliance became the Picasso of tax avoidance!Ready to Start?👉 Subscribe to Side Hustle Weekend Newsletter (www.SideHustleWeekend.com/nl) for more tips, tutorials, and side hustle ideas!👉 Visit www.SideHustleWeekend.com for free resources, tools, and guides to kickstart your journey.🔔 Don’t forget to LIKE, SUBSCRIBE, and hit the bell icon to stay updated on more tips for building wealth and creating multiple income streams.#RelianceIndustries #ZeroTax #TaxLoopholes #CorporateTax #MAT #PranabMukherjee #Depreciation #TaxPlanning #IndiaTaxSystem #RelianceJio #CorporateProfits #TaxAvoidance #IndianEconomy #TaxReforms #CorporateHistory #Finance #IndiaBusiness #TaxScandal #BusinessStrategy #RelianceStory

Episode metadata supplied by the publisher feed · Published Feb 8, 2025

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How Reliance Didn't Pay any Tax for 30 Years despite making huge profits

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