The economic burden called tax is imposed by the government on an individual or on a property. The businessmen listed below don't top the list of riches in India but some of their dealings and sales have made them pay huge taxes for past 3 years.
Analjit Singh:
Analjit Singh is the founder and chairman of max India who are into healthcare, IT services and financial services. He paid a tax of RS. 997 million as he sold his stake in Vodafone Essar for Analjit Singh:
533 Crore and this reason led to the shot up the tax amount.Asim Ghosh:
The former CEO of Vodafone Essar paid an advance tax of 75.4 million in the year 2009-2010 as he sold his stake in Vodafone Essar for Rs
75.4 million in the year 2009-2010 as he sold his stake in Vodafone Essar for Rs . 329 Crore in the year 2009.
75 Crore forthe year 2009-2010 and is listed as the third highest taxpayer list in India.
Ashish Dhawan:
The senior MD and co founder of Chrys capital investment and advisors ranks 4 in the list of highest individual tax payers in India. He55 Crore In 2009-2010. He is a graduate from Havard business school and previously was at GP Investments, a Brazil based private equity fund.
paid an advance tax of
55 Crore In 2009-2010. He is a graduate from Havard business school and previously was at GP Investments, a Brazil based private equity fund. Kamaljeet Singh Ahluwalia:
Ahluwalia paid an advance tax of 46 Crore. The Orissa mine owner paid 46 Crore for 2009-2010. In the previous pe 95 Crore.
46 Crore. The Orissa mine owner paid 46 Crore for 2009-2010. In the previous pe riod he paid 60 Crores. The 2010-2011 phase the news that he is the highest tax payer as the amount is
95 Crore. Goa based miner Radha S Timblo also comes in the list for paying advance tax of 30.8 Crore in 2009-2010 and she also paid an income tax of 20 Crore. The Mumbai- based busin 39.3 Crore in 2009-2010 and another businessman named Gariiappa Raja paid an advance tax of 30.5 Crore.
30.8 Crore in 2009-2010 and she also paid an income tax of 20 Crore. The Mumbai- based busin essman Mahesh G. Garodia who trades on chemicals, dyes and is also involved in construction. He paid advance tax of
39.3 Crore in 2009-2010 and another businessman named Gariiappa Raja paid an advance tax of 30.5 Crore. Vikram Akula
The founder of SKS Microfinance paid an advance tax of 14.2 Crore in 2009-2010 which is triple times more than his tax payment in 2008-2009. His company is one of the rapidly growing microfinance organizations in the world. They provide money for the women who live in the poor regions of India. They also provide loans that are interest free to the members at emergencies and life insurance. The NGO wing of theirs named SKS foundation works on the ultra poor programme.
Akula was previously with Mckinsey & Company as a managing consultant and cultivated his experience in microfinance and also obtained a Ph.D. from the University of Chicago. He sold a part of his venture in the company just before the initial public offer and came down from his CEO position.
14.2 Crore in 2009-2010 which is triple times more than his tax payment in 2008-2009. His company is one of the rapidly growing microfinance organizations in the world. They provide money for the women who live in the poor regions of India. They also provide loans that are interest free to the members at emergencies and life insurance. The NGO wing of theirs named SKS foundation works on the ultra poor programme. Akula was previously with Mckinsey & Company as a managing consultant and cultivated his experience in microfinance and also obtained a Ph.D. from the University of Chicago. He sold a part of his venture in the company just before the initial public offer and came down from his CEO position.
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