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Bollywood Icons Amitabh Bachchan, Aamir Khan Face Tax Fines

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Two luxury Rolls-Royce cars previously owned by Bollywood legends Amitabh Bachchan and Aamir Khan have been fined a total of Rs 38 lakh for failing to pay road tax in Karnataka. The vehicles, a Rolls-Royce Phantom and a Rolls-Royce Ghost, caught the attention of tax authorities in Bengaluru due to their unresolved ownership status.

The Rolls-Royce Phantom, once owned by Amitabh Bachchan, has been fined Rs 18.53 lakh, while Aamir Khan’s Rolls-Royce Ghost faces a penalty of Rs 19.73 lakh. According to reports from NDTV, these fines stem from a failure to transfer ownership to the current owner, a local businessman and politician named Yusuf Sharif.

Ownership Issues and Tax Violations

Yusuf Sharif, known colloquially as ‘KGF Babu’ due to his ties to the Kolar Gold Fields, purchased the cars from the actors several years ago but did not complete the necessary paperwork to transfer the registrations to his name. While the cars were flagged for tax violations back in 2021, they evaded penalties at that time because they had not yet been in the city for a full year. With both vehicles now exceeding this threshold under local transport regulations, hefty fines have been imposed.

The Regional Transport Office (RTO) officials have confirmed that the ownership of both vehicles remains unchanged on official records, creating a complicated situation for Sharif. This has raised questions about the responsibilities of vehicle owners regarding tax compliance, especially when high-profile individuals are involved.

Yusuf Sharif’s Profile

Yusuf Sharif is not just a businessman; he has political aspirations as well. His declared assets reportedly exceed Rs 1,744 crore. He contested the 2021 Karnataka Legislative Council elections representing the Bangalore Urban local authorities’ constituency. Before venturing into real estate, he operated in the scrap business, marking a significant shift in his career path.

The incident has sparked widespread discussion on social media, highlighting the intersection of celebrity culture and tax compliance. As the luxury car sector continues to grow in India, this case serves as a reminder of the importance of adhering to local laws, regardless of one’s status.

For ongoing updates on this story and other news, readers can follow reliable news sources for the latest developments in India and around the world.

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