Reliance Industries is the largest individual tax contributor in the private sector, ranking sixth in the overall list.
In 2007-08, the company paid Rs 2,742 crore (Rs 27.42 billion) in corporate tax, 78 per cent more than Rs 1,538 crore (Rs 15.38 billion) in 2006-07.
Image: Mukesh Ambani, chairman of Reliance Industries, India's largest private company, symbolically rings the bell during a function at the Bombay Stock Exchange. | Photograph: Indranil Mukherjee/AFP/Getty Images
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