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Salman Khan pays Rs 80 million as advance tax

19 September, 2012

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After a string of Rs 100 crore grossing films, including 'Dabangg', 'Ready', 'Bodyguard' and 'Ek Tha Tiger', actor Salman Khan has emerged as the highest taxpayer from the tinsel town for the September quarter.

Hindustan Times reports Salman, 46, trumped all his peers and rivals from Bollywood by paying Rs 80 million (rs 8 crore) in advance tax as compared to the Rs 5 crore in the same period a year ago, an income tax official said. Salman was last seen in romantic-action-thriller 'Ek Tha Tiger', which has clocked approximately Rs 198 crore at the box office. The film's female lead and Salman's speculated former lady love in real life, Katrina Kaif, paid Rs 2.60 crore compared to the year ago period's Rs 1.70 crore.

Salman's bete noire Shahrukh Khan, who has not had any big release this year as yet, had his tax outgo flat at Rs 5 crore, the official said. Among the other Khans, Aamir's fortunes seem to have been hurt by his mega reality show Satyamev Jayate, as he paid only Rs 3.25 crore this September versus last year's Rs 4.50 crore. Saif Ali Khan, whose films 'Agent Vinod' and 'Cocktail' had varying responses at the box office, paid a tax of Rs three crore compared to Rs 1.7 crore in the year ago period, the Hindustan Times quotes the official as saying.

Kareena Kapoor, who is rumoured to be marrying Saif soon, and is looking forward to the release of the film 'Heroine' has paid an advance tax of Rs 2.20 crore compared to Rs 1.5 crore she did in the same period last year. Akshay Kumar, another big name in Bollywood, paid Rs 7.5 crore advance tax in comparison to Rs 5 crore he had paid last year during the same period. Actor Amitabh Bachchan, who will soon be celebrating his 70th birthday, paid Rs 5 crore against the Rs 1.4 crore he paid last year while his daughter-in-law Aishwarya Rai Bachchan's outgo jumped to Rs three crore from Rs 1.1 crore, the official said. Advance tax is a system of staggered payment of tax liabilities and is payable every quarter, based on estimated profits.

End.

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