Vedanta pays over $2 bn in royalties, taxes to India

NEW DELHI: Mining giant Vedanta Resources has paid more than $2 billion (over ₹13,300 crore) in taxes, royalties, licence fees and other payments to India in the

NEW DELHI: Mining giant Vedanta Resources has paid more than $2 billion (over ₹13,300 crore) in taxes, royalties, licence fees and other payments to India in the last financial year ended March 2016. In total, the firm led by billionaire Anil Agrawal has paid about $2.18 billion in taxes, royalties, licence fees and other payments to countries where it does business, most of which was paid to India (around $2.11 billion) in 2015-16.

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