Leading Bollywood stars Shahrukh Khan and Salman Khan have emerged as the highest tax payers from Mumbai with both of them leading the pack by paying Rs 15 crore each in taxes during the financial year ending March 31, 2012.
Salman’s tax outgo was 20% higher in 2011-12, while Shahrukh’s tax out go was 20% less than in the year 2011. Shahrukh Khan had two hits last year namely Ra.One and Don2.
Some industry reports say that Shahrukh charges a fee of 30-35 crore per film and around Rs 6-7 crore for his endorsements. Meanwhile, Salman Khan charges a fee of Rs 40 crore per film.
Last year he had two biggest hits Bodyguard and Ready. Salman has an endorsement rate of 1.5 crore per day.
Legendary super star actor Amitabh Bachchan who is well-known for his television show Kaun Banega Crorepati paid a tax of 7 crore. His earnings largely comes from KBC where he charges a fee amounting to 1.5 crore per episode. The veteran actor’s tax outgo fell by 10% compared to 2010-11.
Meanwhile, Bachchan charges an endorsement fee of 1-2 crore while his movie fee ranges from 2-3 crore per film.
Other popular actor Saif Ali Khan Pataudi whose recent movie Agent Vinod hit the theatres paid 7 crore, which is 50% higher than the tax he paid last year.
The well-known actor from the Kapoor family Ranbir Kapoor who delivered a beautiful role in Rockstar also paid 7 crore. He charges 10 crore per film and his endorsement fee is between 1.5-2 crore.
According to a senior income-tax official, a large part of the leading film stars income come from fees for promotions and endorsements.
The fees of these actors are determined by the market value of the stars in the film industry.
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