Virat Kohli Tops the List of Highest Taxpayers Among Indian Cricketers
The list also highlights other notable cricketers and their contributions to tax payments: Report
In a recently released report by Fortune India for the fiscal year 2023-24, Indian cricketer Virat Kohli has emerged as the highest taxpayer among Indian cricketers. Kohli has set a new benchmark by paying a whopping 66 crore Indian rupees in income tax, which is equivalent to over 2.19 billion Pakistani rupees.
This tax payment puts Kohli ahead of his peers in the cricketing world, with former captain MS Dhoni coming in second. Dhoni paid 38 crore Indian rupees in taxes during the same period, which translates to more than 1.26 billion Pakistani rupees.
The list also highlights other notable cricketers and their contributions to tax payments. Sachin Tendulkar, another legendary figure in Indian cricket, paid 28 crore Indian rupees. Sourav Ganguly, the former Indian captain, contributed 23 crore Indian rupees, while all-rounder Hardik Pandya paid 13 crore Indian rupees.
The Fortune India report not only includes cricketers but also Bollywood stars and politicians. In the realm of Bollywood, superstar Shah Rukh Khan topped the list of highest taxpayers, paying 92 crore Indian rupees in income tax for the fiscal year 2023-24.
- Economic Impact: The significant tax payments by celebrities like Virat Kohli and Shah Rukh Khan reflect their high earnings and contribute substantially to the national economy. Such contributions play a crucial role in supporting public services and infrastructure development in India.
- Tax Compliance: The list underscores the importance of tax compliance among high-income individuals. It highlights how prominent figures in various fields, including sports and entertainment, fulfill their financial obligations to the state.
- Government and Public Recognition: The Indian government has been actively encouraging high-income individuals and celebrities to maintain transparency in their financial dealings. Public recognition of tax contributions serves as a positive reinforcement for tax compliance.
- Future Trends: As India’s economy continues to grow, it is expected that the tax contributions from high-profile individuals will also increase. This trend not only reflects their success but also their commitment to contributing to the country’s economic growth.
For more detailed information, you can refer to official reports from Fortune India and financial disclosures from the respective individuals and organizations involved.
