Bollywood stars have emerged among the highest tax payers recently. Besides, Akshay, SRK and Amitabh Bachchan, known businessmen from the mining sector are also included in the list.
Advance tax is based on the taxpayers' projected earnings. It is paid in installments in June, September, December and March.
According to reports, Akshay Kumar and Shahrukh Khan have paid 10 crore each as advance tax. However, reports add that Akshay has paid 50 lakh more in tax this fiscal as compared to Shahrukh Khan. Akshay sure is a serious tax payer, we say!
It is important to note that some of India's and the world's wealthiest such as Mukesh Ambani and Azim Premji have not featured in this list! These Bollywood superstars were way ahead of stars from the cricketing world -- Sachin Tendulkar and M S Dhoni -- both of whom did not make it to the list of top 15. However, both these cricketers are in the list of top 100 advance taxpayers.
Besides Bollywood superstars, Kamaljeet Singh Ahluwalia from the mining industry leads the top 15 list. He's paid an advance tax of 50 crore in March along with a total of 95 crore in advance tax this fiscal.
Asim Ghosh, former CEO of Vodafone Essar, paid 27 crore, while Dabur's Vivek C Burman paid 22.6 crore tax in March. news .businessreviewindia -- Mahi