NEW DELHI: Bollywood superstars Amitabh Bachchan , Shahrukh Khan and Akshay Kumar figure in the list of India's 15 top advance taxpayers in March.
Others in the list are little known businessmen, especially from the mining sector.
Advance tax, which is based on the taxpayers' projected earnings, is paid in installments in June, September, December and March.
Akshay Kumar and Shahrukh Khan have paid 10 crore each as advance tax. Akshay, however, paid 50 lakh more in tax this fiscal as compared with Shahrukh Khan.
Some of India's, and the world's, wealthiest such as Mukesh Ambani and Azim Premji, do not figure in the list of highest advance taxpayers as they could be deriving a large portion of their annual incomes from dividends, which are not taxable in the hands of individual taxpayers.
Companies pay a dividend distribution tax on the dividends given out by them to their shareholders.
The 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. The two cricketers, however, are in the list of top 100 advance taxpayers.
Miner Kamaljeet Singh Ahluwalia leads the top 15 list, paying an advance tax of 50 crore in March. Ahluwalia paid 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. B G Raghupathy, founder of BGR Energy Systems , paid an advance tax of 16.7 crore, his spouse and a director on the company board, Sasikala Raghupathy, paid 10.2 crore.
Others on the list include B K Goenka, promoter of Welspun Group, who paid and advance tax of 14.1 crore, and Ashish Dhawan, founder of ChrysCapital, who paid 14 crore.
Others in the list are little known businessmen, especially from the mining sector.
Advance tax, which is based on the taxpayers' projected earnings, is paid in installments in June, September, December and March.
Akshay Kumar and Shahrukh Khan have paid 10 crore each as advance tax. Akshay, however, paid 50 lakh more in tax this fiscal as compared with Shahrukh Khan.
Some of India's, and the world's, wealthiest such as Mukesh Ambani and Azim Premji, do not figure in the list of highest advance taxpayers as they could be deriving a large portion of their annual incomes from dividends, which are not taxable in the hands of individual taxpayers.
Companies pay a dividend distribution tax on the dividends given out by them to their shareholders.
The 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. The two cricketers, however, are in the list of top 100 advance taxpayers.
Miner Kamaljeet Singh Ahluwalia leads the top 15 list, paying an advance tax of 50 crore in March. Ahluwalia paid 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. B G Raghupathy, founder of BGR Energy Systems , paid an advance tax of 16.7 crore, his spouse and a director on the company board, Sasikala Raghupathy, paid 10.2 crore.
Others on the list include B K Goenka, promoter of Welspun Group, who paid and advance tax of 14.1 crore, and Ashish Dhawan, founder of ChrysCapital, who paid 14 crore.
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