{"id":6282,"date":"2010-09-02T04:09:30","date_gmt":"2010-09-02T04:09:30","guid":{"rendered":""},"modified":"2010-09-02T04:09:30","modified_gmt":"2010-09-02T04:09:30","slug":"Indian-film-stars-hit-by-recession","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=6282","title":{"rendered":"Indian film stars hit by recession"},"content":{"rendered":"<p>The earnings of some of Bollywood&#8217;s biggest stars are reported to have been hit by the recession.<\/p>\n<p>According to <strong>The Hindu<\/strong>, many of the film industry&#8217;s highest paid actors have been forced to take a salary cut in their recent projects.<\/p>\n<p>Mr Jehil Thakkar, executive director of KPMG revealed: &#8220;During boom time, most of the studios paid stars astronomical amounts. <strong>In the past 12-18 months, the elevated prices of the stars have been rationalised due to the film industry&#8217;s tightening budgets.<\/strong>&#8221;<\/p>\n<p>Inflated salaries were apparently seen as out of line with the true market value of many performers.<\/p>\n<p>&#8220;Actors who just entered the industry had unrealistic pay packets,&#8221; said an industry insider.<\/p>\n<p>Leading figures <strong>Shah Rukh Khan<\/strong>, <strong>Salman Khan<\/strong> and <strong>Aishwarya Rai Bachchan<\/strong> are confirmed to have paid less tax in the last financial year. <strong>Aamir Khan<\/strong> <a href=\"http:\/\/www.asiancemagazine.com\/2010\/08\/12\/aamir-khan-produces-his-latest-film-peepli-live\">(See our latests interview)<\/a>is reported to be the only actor to remain unaffected by the cuts, after a series of commercially successful global releases.<br \/>\n<!--break--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The earnings of some of Bollywood&#8217;s biggest stars are reported to have been hit by the recession. 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