YS Jaganmohan Reddy top Income Tax payer

YS Jaganmohan Reddy top Income Tax payer

YS Jaganmohan Reddy, son of late Dr YS Rajaselhar Reddy and contender for AP Chief Minister’s post, had paid just Rs 2.92 lakh tax for the entire financial year 2008-09. But he has paid Rs 6.6 crore advance tax in the first six months of this year, projecting a tax outgo of at least Rs 22 crore with his personal income expected to cross Rs 70 crore in 2009-10. He is the only recognised politician in the top 100 taxpayers.

Among cricketers, Sachin Tendulkar paid Rs 8 crore last year and Rs 1.5 crore in the first half of this fiscal year. M S Dhoni is second, having paid Rs 4.6 crore last year and Rs 2 crore till September ’09. IPL chairman Lalit Modi is also in the list of top tax payers.

Shah Rukh Khan leads the Bollywood actors as the highest tax payer. He is followed by Akshay Kumar, Alahwarya Rai and Rajesh Khanna.