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vikram gopal
Vikram Gopal

Vikram Gopal

vikram.gopal@aajtak.com

Vikram Gopal, Associate Editor, Businesstoday.in

Just 877 or 0.88% of the 1.13 million companies that filed tax returns for FY24 accounted for two-thirds of India Inc’s profits before tax (PBT) for that fiscal year.

Union Budget 2026: Just 0.08% of companies earned two-thirds of India Inc's profits before tax

by Vikram Gopal |Feb 3, 2026

Their effective tax rate was at an all-time low of 18.85% in FY24, as per Budget 2026-27; more than 50% of companies were either loss-making or earned no profit in FY24