Salman Khan overtakes Akshay Kumar as highest tax payer
Actor Salman Khan beats actor Akshay Kumar by paying the highest advance tax this fiscal year. According to the Income Tax department’s advance tax payment data for 2015, The Bajrangi Bhaijaan star beats Airlift actor Akshay Kumar by paying the highest advance tax this fiscal.
Salman paid Rs 20 crore as advance tax, while Akshay paid a tax of Rs 16 crore in 2015.
Salman’s film Bajrangi Bhaijaan garnered over Rs 600 crore worldwide at the box office, which was the highest collection of the year. His Prem Ratan Dhan Payo also made Rs 200 crore.
Read: Salman Khan is not engaged to Iulia Vantur
According to reports, Ranbir Kapoor, Shah Rukh Khan and Amitabh Bachchan are the other top tax payers in the list.
Surprisingly Ranbir, whose recent film - Tamasha and Bombay Velvet - bombed at the box office has paid Rs 15 crore as advance tax.
Megastar Shahrukh, who inked a major success with Dilwale in 2015, even though he was bested by Bajirao Mastani (both films released on same day), paid Rs 14 crore.
Veteran actor Amitabh Bachchan paid Rs 8.75 crore, according to the income tax data. He also had a string of movies that released in 2015 like Piku and Wazir, but none of them did exceptionally well at the box office.
Read: And the richest Bollywood actors are...
However, these are the figures released by Mumbai’s IT department till third quarter (December 31) of this fiscal year. The last quarter (Jan to March) will decide who will pay he highest income tax for the entire fiscal year.
Advance tax is paid by individuals if the total tax liability on their estimated income is likely to exceed Rs 10,000 during the financial year.
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