Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: TDS :: list of goods taxed at 4% :: VAT RATES :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: empanelment :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment
 
 
« General »
 FinMin wants RBI to lower rates, boost domestic demand
 Employees may have to bear the GST burden on benefits
 Advance tax payout by top cos grows just 2% in Sept quarter
 Why abolishing personal income tax may not be a good idea
 Questions about the GST cess
 How to prepare for the looming tax-extension deadline
 Income tax: Gratuity for employees raised to Rs 20 lakh; here is how you will benefit
 Haryana to set up scrutiny panel on GST benefits
 Waive certain taxes for companies in insolvency proceeding
 I-T department to appoint 7600 more tax return preparer scheme to cover entire country
 All eyes are on GST as Centre plans higher social pension

Akshay pips King Khan as Bollywood's Taxpayer No 1
April, 15th 2009

Singh is definitely king. At least for the taxman. Filmstar Akshay Kumar has emerged as the top taxpayer in Bollywood for 2008-09, narrowly pipping Shah Rukh Khan (SRK) to the numero uno position.

Kumar paid a total advance tax of Rs 31 crore in the financial year against Rs 12.5 crore in 2007-08, a whopping 148% more than what he paid in the previous financial year, thanks to his recent box office hits. That means Kumars total earnings for the period were a tad above Rs 100 crore!

On the other hand, King Khans tax payout declined marginally by 1.69% to Rs 30.9 crore in 2008-09 compared to Rs 31.5 crore in the fiscal before. Together, Kumar and Khan account for nearly 60% of the total Rs 107 crore forked out by Bollywoods top 10 advance taxpayers.

However, the biggest fall was Big Bs. Amitabh Bachchan made it to the bottom of the top 10 advance tax payers list, with a modest Rs 1.25 crore, sliding 74.77% from the previous financial year. His daughter-in-law Aishwarya Rai Bachchan, however, was 6th on the list, paying more advance tax than both the Bachchans. While she handed over Rs 4.75 crore in advance tax (10.46% more than 2007-08), Abhishek Bachchan paid Rs 3.2 crore in 2008-09, marking a decline of 42.86%.

Salman Khans earnings saw the second-highest growth after Kumar in terms of percentage 107.41% more than last year. But in terms of the actual amount, he made it only to third place with a total advance tax payout of Rs 14 crore.

Saif Ali Khan and his lady love Kareena Kapoor also figure in the list of top 10 Bollywood taxpayers. Khan paid Rs 8.63 crore (an impressive 64% more than last year) while Kapoor the only other female filmstar to make it to the list besides Rai-Bachchan forked out Rs 3.7 crore, nearly 2.78% more than last year.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions