Top 10 Highest Taxpayers in India 2025: Who Pays the Most?

Did you know that the top 10% of Indian taxpayers paid 60% of all income tax in 2023-24, up from 35% in 1978-79? Yes, despite the big cuts in top tax rates in the first 10 years, the percentage of taxpayers grew to 29% from 11% in earlier years.

This brings you right back to asking, "Who is the biggest taxpayer in India in 2025?"

Well, a new record has been set by none other than Mr. Amitabh Bachan, the legendary actor earning Rs.350 crore this year, contributing a massive tax payment of Rs.120 crore, marking a sharp contribution of 69% increase from the Rs.71 crore paid by him last financial year.

In this blog, you will find a list of India's top 19 highest taxpayers in 2025, along with the tax paid by each. Keep scrolling to read more.

India’s Highest Individual Taxpayer in 2025 Revealed 

Every year millions of individuals pay taxes in India, but some contributors are highlighted as their contribution outshines others. A large sum of tax particularly comes from the Bollywood industry and cricketers. 

For the year 2025, the legendary actor Amitabh Bachchan has appeared to be the highest individual taxpayer in India, surpassing last year's winner Shah Rukh Khan.

The Highest Individual Taxpayer – Mr Amitabh Bachchan

The famous actor Amitabh Bachchan leads the list of the highest individual taxpayers of India in 2025 by significantly increasing his contribution in tax from the previous year. He got the No.1 spot on this list by paying a huge amount of Rs.120 crore as tax.

The superstar earned an approximate amount of Rs350 crore in the financial year 2024-25 from various sources. He earns from sources like films, brand support and hosting the famous show ' Kaun Banega Crorepati(KBC)'.  His tax contribution has surged by 69% compared to the previous year, surpassing last year's top taxpayer, Shah Rukh Khan.

The list of other taxpayers who have a big contribution in taxes in 2025 is as follows:

Listed above were the individuals who paid the highest taxes for the country but the tax is not only applicable to the individuals; many big companies also pay taxes and contribute to the government.

Keep reading if you want to know about the highest taxpaying company of 2025 in India.

Start Your SIP TodayLet your money work for you with the best SIP plans.

Start Now

Top 10 Highest Taxpaying Companies in India 2025

Aside from the individuals, a plethora of companies also help shape the Indian economy and contribute to the country’s growth by paying hefty taxes every year.

Some of the top tax-paying companies in India in the financial year 2025 are Reliance Industries, Tata Consultancy Services & Vedanta. Reliance Industries comes first with a corporate tax payment of Rs.25,707 crore, followed by Tata Consultancy Services and Vedanta with Rs.15,898 crore & Rs.12,826 crores respectively.

The Highest Taxpaying Company 2025 - Reliance Industries

Reliance Industries, India’s Leading tax paying company has captured this title by paying the highest corporate tax of Rs 25,707 crore. Reliance operates in diversified areas of oil and gas, petrochemicals, retail and telecoms, making this very company the highest in India.

By the operations done in the diverse sectors, this industry generates a huge revenue and becomes a large tax generator.

The list of other taxpaying companies who have a big contribution in taxes in 2025 is as follows:

Now that you know which company and individual paid the highest tax, let's explore the states of India and see from which state the highest amount of tax is generated.

Which States Pay the Highest Taxes in India?

The taxes in India are not only applicable to popular celebrities or big companies or industries. Taxes are charged to any Mutual Funds investor with a simple lifestyle.

Although normal people are not able to contribute a large sum of money, still their contribution to the revenue generation of the country is very crucial.

Now let's look at the list of states that generated a huge amount of taxes for the financial year 2025:

Next, you will delve into the captivating reasons behind the significance of India's highest taxpayers and their impact on the nation's economy.

So keep scrolling.

Why India’s Highest Taxpayers Matter?

India's highest taxpayers play a crucial role in the economic growth of the country as a large sum of revenue is generated from the taxes paid by these taxpayers, which are then funded by the social security, services and welfare programs of the country.

Their financial impact drives reforms concerning the economy, especially about streamlining the tax system and improving compliance from all taxpayers.

The significance of India's highest taxpayers includes:

• Revenue generation to fund essential services.
• Contribution of tax helps in maintaining economic stability.
• High-income earners have an important influence on tax policy reforms.
• Increases the sense of social responsibility.
• The funds generated from high taxpayers are reinvested into economic growth.
• Encourage others to respect tax regulations.

These are the main impacts of the taxpayers on India’s economy and the main factors that describe why India’s Highest Taxpayers matter.

Conclusion

In conclusion, the biggest taxpayers of India - both individuals and businesses - play a vital role in the country’s economic development. The services and social welfare programs offered to citizens of the country are funded through these taxes.

Understanding their contribution helps us respect the need for tax compliance and responsibility, which simultaneously work towards a better India.

By understanding the tax implications and exploring investment options like mutual funds via SIP, individuals can make informed decisions that contribute to their financial growth while fulfilling their tax obligations.

FAQs

1. Who is the highest taxpayer in India?
   

   For the year 2025, the legendary actor Amitabh Bachchan has appeared to be the highest individual taxpayer in India, surpassing last year's winner Shah Rukh Khan.

2. How much did Virat Kohli pay tax?
   

   Virat Kohli paid Rs 66 crore in taxes, making him the highest-paid sportsperson of 2025 in India.

3. Which state is the highest tax payer in India?
   

   Maharashtra pays the highest taxes in India, at Rs29,647 crore, followed by Gujarat at Rs12,421 crore & Karnataka at Rs12,411 crore.

4. How much tax does Ambani pay?
   

   The specific amount of tax Mukesh Ambani will pay in 2025 is not detailed. It is noted that his company, Reliance Industries, paid ₹1.86 lakh crore in corporate income tax for FY 2023-24.

5. Which Company Paid The Highest Tax In FY25?
   

   Reliance Industries, India’s Leading tax paying company has captured this title by paying the highest corporate tax of Rs 25,707 crore.

6. Which Company Paid The Highest Tax In FY24?
   

   In 2024, the two most valuable companies in India, Reliance Industries(Rs 25,707 crore)and Tata Consultancy Services( Rs 15,898 crore.), stood out as the top direct tax contributors.

7. Who was the Highest Individual Taxpayer in India in 2024??
   

   In 2024, the highest tax-paying celebrity in India was Amitabh Bachchan, who paid a staggering Rs.120 crore in taxes.

8. Who is the highest individual taxpayer in the world?
   

   As per FY 2021 reports, Jeff Bezos was the highest individual taxpayer in the world by, paying over USD 2.4 billion in taxes.

Read more such related blogs:

1. Direct and Indirect Taxes Types, Benefits & Differences
2. What is Advance Tax? Tips for Effective Tax Planning
3. What is Professional Tax in Salary? Learn Tax Slabs, Deductions