Salman pays the highest advance taxes from BW

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Posted: 9 years ago
#1

Ranbir Kapoor, Kapil Sharma and Aamir Khan came in close by shelling out crores in advance taxes.

Virendrasingh Ghunawat | Posted by Tatsam Mukherjee | October 6, 2016

Actor Salman Khan has proved to be a real Sultan of Bollywood, by paying the highest advance tax numbers, in this financial year.

Data of advance taxes paid till September 2016 i.e. half-yearly, available with Indiatoday.in indicates - Dabangg Salman is leading in the list of actors by paying an advance tax of Rs 16 crore, as compared to Rs 11 crore paid during the same period, last year.

Film Sultan released worldwide in July 2016 grossed approximately Rs 584 crore and became the fourth highest grossing Indian film of all time.

For the second position, two actors paid the same amount of advance tax i.e. Khiladi Akshay Kumar and Hrithik Roshan. Both actors paid Rs 11 crore, respectively, till September 2016.

Surprisingly, last year - Akshay was leading with a sum of Rs 18 crore (ahead of Salman) till September 2015, but Hrithik was nowhere seen even in the top 10 highest taxpayers list.

Rockstar Ranbir Kapoor is on the third position, who paid Rs 7.8 crore as advance tax till September 2016 end, compared to Rs 4 crore paid in the last year.

Interestingly, comedian Kapil Sharma entered in the top list of Bollywood taxpayers by beating none other than Aamir Khan.

Till September 2016, Sharma paid an advance tax of Rs 6.06 crore, may be to prove his point as mentioned in his Twitter account that "he pays Rs 15 crore of IT returns every year since last five years"

This time, Mr Perfectionist - Aamir was happier by paying advance tax of Rs 3.7 crore, as compared to Rs 4.5 crore last year, till September end.

The department declined to give the advance tax numbers of three actors: Amitabh Bachchan, Aishwarya Rai Bachchan and Shah Rukh Khan.

Senior IT official told Indiatoday.in that these actors must have paid their advance tax numbers till September 2016, "but these numbers could not be revealed, as all three are under investigation by the department. Bachchans' are getting probed in Panama Papers leak case and Shah Rukh for his investment in Dubai and other Gulf countries".

Other numbers in hand are : Kareena Kapoor paid advance tax of Rs 2 crore, compared to Rs 2.2 crore last year for the same six months period.

Shahid Kapoor paid an advance tax of Rs 1.75 crore for this half year.

Most surprisingly amount is Rs 20 lakh paid by Ajay Devgn as advance tax. May be for the reason that Devgn is contesting with IT dept and has already made an appeal for the questionable amount of Rs 6 crore.

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Zennia thumbnail
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Posted: 9 years ago
#2
What does that mean? How does he calculetes how much to pay?
princessunara thumbnail
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Posted: 9 years ago
#3
What is advanced Tax??

I know what income tax is but not this advance version
998331 thumbnail
Posted: 9 years ago
#4
Phir bhi tax chori karne ke liye Forbes wagera magazine ko bolta hai I earn less than SRK, Akki, Big B.
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Posted: 9 years ago
#5

Originally posted by: dahee

Phir bhi tax chori karne ke liye Forbes wagera magazine ko bolta hai I earn less than SRK, Akki, Big B.

Toh kya, kuch paise bed ke neeche, Toh kuch mandir ke peeche hote hai.. Bhai Lajwaab hai!
bokul thumbnail
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Posted: 9 years ago
#6
and still earns less than some
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Posted: 9 years ago
#7
Advance tax is a mandatory estimate to be paid by entities. Paying more or less will only decide their interest penalty to be paid later. Koi total tax paid for the year bataye na. Oct end is near. Why do these stars only reveal advance tax and not net actual tax paid?
princessunara thumbnail
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Posted: 9 years ago
#8
@StinsonIsHere - thanks for the explanation.. and btw isn't all these details confidential whether it is the advanced or the actual?
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Posted: 9 years ago
#9

Originally posted by: princessunara

@StinsonIsHere - thanks for the explanation.. and btw isn't all these details confidential whether it is the advanced or the actual?

Advance tax is nothing but a payment based on your estimate of total income you'll be earning during the financial year. For Individuals, 30% of the Total Income has to be deposited by 15 Sep. 60% by 15 Dec and 100% by 15 March. So if all of your tax is not deposited as per the percentages, penalties are levied u/s 234. So like I said Advance decides nothing 😆

And about confidentiality, IT Department isn't the one releasing these stats, it's the stars and their PRs who do that and this advance tax thing toh is happening saalo se, just a way to fool general public like how mahaan is this star to deposit highest tax that too in advance like Govt par ehsaan kiya ho. If you earn then statutorily you have to deposit it by that date😆

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