going by last years records for SRK.. theres all reason for him to be upbeat
So he pays an advance tax of 27 CR..Blink blink.. Its true. And this was for nine months, from the months of April 2007 to Dec ’07.
The tabloids and electronic media have gone into a tizzy proclaiming ” King Khan has done it again” or something similar. Needless to add these are the ‘faithfuls’ who stridently announce his supremacy at every given opportunity while simultaneously looking askance covertly at Big B’.
This was reason enough for them to once again clap their hands in glee since Amitabh Bachchan’s complete Khandan was quoted as paying ” Rs 7.1 crore as advance tax: Big B’s chunk of it was Rs 1.8 crore, Abhishek paid Rs 3.7 crore and bahu Aishwarya Rs 1.6 crore. “
This is the first instance where one has been made to realise that competition was rampant even in the sphere of tax paying . One would have imagined that the smarter star, avoided it. Kidding! Honestly I just do believe that tax structure in India sucks big time.
Come to think of it..27 Crores is a whopping amount. If spent wisely it could solve Mumbais pot hole problem brilliantly. of course I am not as naive as to believe anything of the kind is even remotely a possibility. It may have burnt a hole in SRK’s pocket but that was the last hole it has anything to do with :)
On a conservative or lets say theoretical estimate , even if SRK sincerely is declaring this as 33% of his income for the coming year, it is serious money. The Shah sure knows how to earn his keep. he definitely aint getting no shit end of the stick that makes the monkeys dance. The point however is that while one is not disputing the Star power he commands, yet the contribution of technicians such as director, writer, music director and so on is irrefutable, unarguable. Yet, not only do the stars rake in the moolah, the others, who perhaps work harder for their daily bread will sooner than later come under the IT scanner, often when their income constitutes a figure in decimals comparatively.
Nonetheless kudos to SRK for displaying integrity. It is a role model kind of gesture. Ought to be emulated by the millions who’d rather dodge payment. However at the risk of reiteration, tax structure needs an urgent re hash. One is already burdened with taxes for every product, and then further taxed, over and over again under some pretext or another.
Mumbai is one of the last and perhaps only city in the world where octroi exists. Resultantly, goods and commodities coming in are taxed at the border which escalates prices of essentials whether vegetables or cars.. Why on earth? Its certainly not as if we Mumbai kars are living in conditions which are anywhere close to being envied. Civic amenities are laughable, property prices sky rocketing, roads pathetic and congested, population bursting at the seams. Yet, a premium for living here. Humph!
Tax me.. I’d love to contribute but give me my rights as a citizen in return.. the least of which is a clean city, responsive cops, alert administrators, integrity in judiciary, honest politicians, affordable health and medicare. if not then done blame is for feeling swindled, robbed, cheated out of our hard earned dough.
‘bas itna sa khwab hai’