Bollywood News, Bollywood Movies, Bollywood Chat

   

Salman Khan's box office success makes taxmenhappy

Post Reply New Post

Page 1 of 1

Salmanayesha

IF-Sizzlerz

Salmanayesha

Joined: 11 March 2006

Posts: 12095

Posted: 18 September 2011 at 5:28pm | IP Logged
Salman Khan's box office success makes taxmen happy with triple payout
 
Mumbai: Bollywood superstar Salman Khan, who just delivered the biggest box office grosser of all time with his latest film Bodyguard, has also trumped his rivals in the Hindi filmdom with a near threefold increase in tax payout.
 
 
 
 
 

Salman, who has had several run-ins with the law, paid Rs 5 crore in advance tax for the July-September quarter, Income Tax Department sources said on Thursday.

In the corresponding period last year, the actor had paid only Rs 2 crore in advance tax. The 45-year-old star has been delivering blockbusters by strategically coinciding their release with Eid for the past two years.

Salman's arch rival Shah Rukh Khan, who has not had any big releases in the recent past, saw his tax outgo remain flat at Rs 5 crore, the sources added.

Akshay Kumar, another big name in Bollywood, is also estimated to have paid Rs 5 crore in advance tax payments, up from Rs4 crore, they said.

Actor-producer Aamir Khan, whose small-budgeted edgy movie Delhi Belly released this quarter and was received well, saw a Rs50 lakh rise in advance tax outgo at Rs 4.5 crore, they said.

New kid on the block Ranbir Kapoor's advance tax outgo stood at a flat Rs 2.5 crore, the sources said.

Advance tax payment is a system of staggered payment of income taxes so that high tax-paying individuals or firms do not pile up tax liabilities towards the end of the year. The payment for September quarter accounts for 30% of the total collection payout for an individual or company.

In the first quarter it is 15%, followed by 30% each in the next two and 25% in the fourth quarter.

Link http://www.dnaindia.com/entertainment/report_salman-khan-s-box-office-success-makes-taxmen-happy-with-triple-payout_1587532


Edited by Salmanayesha - 18 September 2011 at 5:31pm

Dear Guest, Being an unregistered member you are missing out on participating in the lively discussions happening on the topic "Salman Khan's box office success makes taxmenhappy" in Bollywood News, Bollywood Movies, Bollywood Chat forum. In addition you lose out on the fun interactions with fellow members and other member exclusive features that India-Forums has to offer. Join India's most popular discussion portal on Indian Entertainment. It's FREE and registration is effortless so JOIN NOW!

wat_up

IF-Stunnerz

wat_up

Joined: 17 February 2011

Posts: 35227

Posted: 18 September 2011 at 5:32pm | IP Logged

lol so he his movie is an ATBB and now he has made tax people happy

Salyanka

IF-Stunnerz

Salyanka

Joined: 07 December 2005

Posts: 31334

Posted: 18 September 2011 at 5:38pm | IP Logged
lo.. jitni ziyada success unta ziyada tax

Post Reply New Post

Go to top

Related Topics

  Topics Topic Starter Replies Views Last Post
Box Office: PAA emerging a box office hit over In gelato 3 1599 06 December 2009 at 8:06am
By contingency
When Salman met Salman

2

rhea_6 11 9412 02 June 2009 at 9:30pm
By punjabi_qt26
Salman shuns Bruna - salman looking cute in d pic Salyanka 1 6130 12 December 2008 at 8:37pm
By ibelieveinpink
Salman-Ranbir at Salman Khan's Foundation MiniRulz 7 4595 06 March 2008 at 5:28pm
By --__Shireen__--
Naya Office Office Launch priyapiya 0 616 15 July 2006 at 5:23am
By priyapiya

Forum Quick Jump

Forum Category

Active Forums

Limit search to this Forum only.

 

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.