Speaking at the company's annual meeting, Reliance Industries chairman Mukesh Ambani, on Friday, claimed that his company was India's highest income tax payer in the private sector, paying Rs 8,880 crore during the year. Moreover, Reliance reportedly paid Rs 29,637 crore of customs and excise duty, 5% of India's total. Further, Ambani added that Reliance's Rs 29,901 crore net profit is the highest in Indian corporate sector.
