Why Kangana Ranaut is Unable to Pay her Taxes

Kangana Ranaut is arguably one of the highest tax-paying actresses.

The Bollywood star has often claimed to be the highest-paid actress in Bollywood, and has gone public about the tax she pays every year.

However, she has not been able to pay even half of her tax bill for the 2020-2021 year.

According to Ranaut, she falls under the highest tax bracket but is unable to pay it.

She admitted that this is due to a lack of work as a result of the Covid-19 pandemic.

Kangana Ranaut revealed her financial troubles on her Instagram account.

Taking to her Instagram story, Ranaut wrote:

“Even though I come under the highest tax slab pay almost 45% of my income as tax, even though I am the highest paying actress but because of no work haven’t paid half of my last year’s tax yet, first time in my life.”

Kangana Ranaut also revealed that the government is also charging her interest as a result of her late tax payments.

However, the actress assured her fans that she is fine with it.

She continued:

“I am late in paying tax but the government is charging me interest on that pending tax money, still I welcome this move.”

The actress concluded by writing:

“Time could be tough for us individually but together we are tougher than the time.”

Due to the impact of Covid-19 in India, shooting schedules for many Bollywood films have been delayed.

As well as this, no films have had theatrical releases due to cinemas being closed.

Kangana Ranaut’s career has been affected by the pandemic. The release of one of her films has also been delayed.

Ranaut’s film Thalaivi, a biopic based on the life of J Jayalalithaa, was due for release on April 23, 2021.

However, the filmmakers chose to postpone its release due to the Covid-19 crisis in India.

Thalaivi’s filmmakers released a statement to Instagram to announce the news. Part of the statement read:

“Since the film has been made in multiple languages, we would like to release it in all languages on the same day.

“But with an alarming rise in Covid-19 cases, subsequent precautions and lockdowns, even though our film is ready for release on 23rd April, we want to extend all the support towards the government rules and regulations and have decided to postpone release of Thalaivi.

“Though we are deferring the release date, we are confident that we will receive as much love from you all then as well.

“Stay safe and looking forward to everyone’s support.”