Highest Tax Paying Businessmen in India Is A Sardar

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NEW DELHI – 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 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 533 Crore and this reason led to the shot up the tax amount.

Singh is followed by Vodafone CEO 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. 329 Crore in the year 2009.

Indirani patnaik, the wife of former congress president Niranjan Patnaik’s elder brother Dipti Ranjan Patnaik, paid an advance tax of 75 Crore for the year 2009-2010 and is listed as the third highest taxpayer list in India.