Hindustan Zinc?s contributed nearly INR 90,000 crores to exchequer in last 5 years, INR 18,963 crores in FY25
• Total contribution to the
exchequer over the last five years reaches INR 87,616 Crores
• Released 8th Annual Tax
Transparency Report
Hindustan Zinc Limited,
India’s only and the world’s largest integrated zinc producer, has contributed
INR 18,963 crores to the exchequer as per the company’s 8th Tax Transparency
Report. The report reinforces Hindustan Zinc’s steadfast commitment to nation
building and transparent governance. The contribution represents 56% of the
company’s revenue from operations, which plays a pivotal role in India’s
economic development.
This marks a 44% increase in contributions compared
to the previous year, bringing Hindustan Zinc’s cumulative contribution to the
exchequer over the past five years to INR 87,616 Crores. Despite volatility in
global markets and fluctuating metal prices, the company has demonstrated
unwavering focus on fiscal discipline, nation-building, and support for the Atmanirbhar
Bharat mission. Hindustan Zinc takes great pride in providing voluntary
disclosures about its tax contributions which supports India’s robust growth
and socio-economic development.
This contribution to the
exchequer was on the back of Hindustan Zinc’s record-breaking operational
milestones. This includes highest-ever mined & refined metal production at
1,095 KT and 1,052 KT. The company recorded the four-year lowest zinc cost of
production of $1,052/MT. Hindustan Zinc also surpassed 13.1 Mt metal reserves
(net of 1.2 Mt production) for the first time while maintaining a mine-life of
more than 25 years. These operational milestones further solidify Hindustan
Zinc’s leadership in the global mining sector and its critical role in
advancing India's industrial and infrastructure development.
Key
Highlights from the Tax Transparency Report:
The 8th edition of the
report offers a comprehensive breakdown of Hindustan Zinc’s tax contributions
over the last five fiscal years:
• Government
Royalties & Levies (INR 18,191 Cr): Includes payments to the
Rajasthan state government, District Mineral Foundation (DMF), and National
Mineral Exploration Trust
• Taxes
on Income (INR 12,393 Cr): Comprising corporate income taxes as filed
in statutory returns
• Corporate Dividends to
Government of India (INR 21,627 Cr)
• Indirect
Taxes (INR 27,500 Cr): Includes CGST, SGST, and IGST from the sale
of goods
Hindustan Zinc has
consistently contributed an average of INR 3,600 Crores per year to the State
of Rajasthan, reaffirming its deep economic partnership with the state through
Royalties, DMF contributions, and other statutory levies.
The company engaged a Big 4
audit firm to provide independent assurance on the report, attesting the
accuracy of its transparent disclosures. The independent assurance report forms
part of the Tax Transparency Report, reinforcing Hindustan Zinc’s strong
governance principles.
Tax transparency forms a
core component of Hindustan Zinc’s broader Environmental, Social, and
Governance (ESG) agenda. Through its voluntary and proactive disclosures, the
company aims to foster stakeholder confidence and uphold the highest standards
of corporate governance. Hindustan Zinc has been recognized as the world's most
sustainable metals & mining company for the second consecutive year by
S&P Global Corporate Sustainability Assessment.