Friday, 11 January 2008

King Khan Pays a Whopping 27 Crore in 2007 Taxes

Shah Rukh Khan will be the highest income-tax payer from Bollywood for the second year in a row. He has paid advance taxes of Rs 27 crore till December 15, 2007, said sources, putting his income for 2007-08 at over Rs 100 crore. It is a glittering jump from the money he made the previous fiscal when he paid a modest Rs 18 crore in tax.

2007 has been a particularly prosperous year for Shah Rukh Khan, who has often called himself “priceless’’. He has not only had two mega hits under his belt - Chak De, India and Om Shanti Om , which he also produced - but also earned Rs 1 crore for every episode of Kaun Banega Crorepati . His endorsements carry big money too.

In the income-tax stakes, SRK is far ahead of the competition. Hrithik Roshan, who paid Rs 15 crore last year, had no releases in 2007 though his endorsement list has grown longer. Aamir Khan, who paid Rs 6 crore last year, released only one film, Taare Zameen Par , and is known to have taken the distribution rights as part of his remuneration. He has paid advance taxes worth Rs 3 crore. Akshay kumar, another A lister paid a wholesome 17 crore while Amitabh paid 13 crore.

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