Many people speculate that the Bollywood biggies such as Shahrukh Khan, Salman Khan, or Amitabh Bachchan might be the highest tax payer in Bollywood. However, they are not the ones. Read to know who he is.
When it comes to paying taxes in Bollywood we always assume that superstars like Shahrukh, Salman, or Amitabh might be the ones who are on the list. But you will be surprised to know the name of the highest taxpayer not Only in Bollywood but also in India. So keep reading to know more. Starting with the female actor Deepika Padukone is a top-paying actress in Bollywood, but the actor who exceeds everyone by being the highest taxpayer not just in the industry but the entire country is none other than Akshay Kumar. The Income Tax Department report says that Akshay Kumar has been the highest taxpayer in India for the past five years.
Akshay Kumar Revenue:
The previous year in July the Income Tax Department honored Akshay Kumar as the ‘Highest Taxpayer of India,’ and the news circulated on social media in 2022. The actor consistently made the top spot on this list for several years. In 2021-2022, Akshay reportedly paid Rs 29.5 crore in taxes, and a similar amount is expected for the last year as well. As per the reports the actor is in the process of acquiring Indian citizenship, though he currently holds a Canadian passport. Akshay Kumar’s annual earnings from movies, investments, production, and endorsements amount to around Rs 300 crore, leading to his substantial yearly tax contributions. Coming to his earnings apart from his acting career, Kumar also has endorsement deals with various multi-million dollar companies like Nirma, Harpic, Tata Motors, Revital H, Suthol, Policy Bazaar, and CarDekho, among others.
Another name that comes after Akshay is Amitabh Bachchan who holds the second spot on the highest taxpayer list, once paying Rs 70 crores in taxes. The third on the list is comedy icon Kapil Sharma who pays around Rs 20 crore, while Salman Khan pays around Rs 25-30 crore in taxes each year.