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

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Side Hustle Weekend

Ankit Uttam

32 episodes

1 week ago

Side Hustle Weekend delivers no-fluff guides on making money in the digital age. Every week, we break down tested side hustles, AI tools for entrepreneurs, and practical ways to build income streams around your regular job or studies. Whether you're looking to earn an extra $500 monthly or build a full-time business, our channel gives you actionable steps without the hype. Join 'The SHW' community where we share weekly actionable tips, real case studies, and step-by-step guides to help you start earning on the side. Let's build something together.

Entrepreneurship

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All content for Side Hustle Weekend is the property of Ankit Uttam and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Entrepreneurship

Business

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

Side Hustle Weekend

10 minutes 35 seconds

9 months ago

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

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