Dehradun:
Uttarakhand Jal Vidyut Nigam Limited (UJVNL) has emerged as the largest corporate income taxpayer among public sector enterprises in Uttarakhand, depositing ₹124 crore in income tax during the financial year 2025-26. The achievement was recognised during the celebration of Income Tax Day 2026, held on July 24 in Dehradun, where the corporation received a special honour for its contribution.
Honoured by the Income Tax Department
Representing UJVNL, Managing Director Ajay Kumar Singh, Deputy General Manager Anupam Gupta, Vinod Nainwal, and Senior Accounts Officer Meenakshi Singh received the award from Principal Chief Commissioner of Income Tax Aparna Karan, IRS, and Principal Commissioner of Income Tax Sunita Singh. THDC India Limited was separately honoured as the second-highest taxpayer in the state at the same event. The recognition reflects UJVNL’s strong financial performance and commitment to transparent governance.
Management’s Response
Managing Director Ajay Kumar Singh said the achievement is the result of UJVNL’s sound financial position and disciplined financial management. He said the corporation has consistently remained profitable while maintaining high standards of financial governance and continues to make a significant contribution to the development of Uttarakhand.
Contribution to the State’s Economy
A substantial income tax payment by a public sector enterprise is widely regarded as an indicator of financial strength and operational efficiency. UJVNL’s ₹124 crore income tax contribution highlights its strong financial performance and its role in Uttarakhand’s power and energy sector, supporting the state’s revenue generation and development initiatives.
Conclusion
UJVNL’s emergence as Uttarakhand’s largest corporate taxpayer is both a financial milestone and a reflection of the corporation’s transparency, efficient management, and sustained profitability, setting a benchmark for other public sector enterprises in the state.
Note: This report is based on official information released during the Income Tax Day 2026 celebrations and statements issued by the corporation.
