Reliance Industries is owned by Mukesh Ambani (RIL). He rose to the position of India's highest taxpayer in the fiscal year 2023. His business paid more than ₹20,713 crore in taxes to the government. State Bank of India (SBI) and HDFC Bank are the second and third largest taxpayers, respectively, after Reliance. SBI paid income tax totalling ₹17,649 crores in the previous fiscal year. Its independent director and part-time chairman is Atanu Chakraborty. HDFC Bank paid ₹15,350 crore in income tax.

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Mukesh Ambani is Asia's richest person. His company, Reliance Industries, is included in the Fortune 500. With a market value of ₹19.68 lakh crore, Reliance Industries is the largest conglomerate in India. During FY 2023, Tata Consultancy Services (TCS), an IT company under the Tata Group, paid ₹14,604 crore in taxes. It is the second-largest listed company in India. Ratan Tata is currently the Chairman Emeritus of the Tata Group.

ICICI Bank, the fourth-largest company in India, paid ₹11,793 crore in taxes for the fiscal year 2023. Sandeep Bakhshi, who became the CEO in 2023, succeeded Chanda Kochhar as the bank’s Chief Executive Officer. Infosys, a prominent IT firm, paid ₹9,214 crore in taxes last year. This company, founded by N. R. Narayana Murthy, has a global presence, operating in over 56 countries.