SRK on verge of bankruptcy after Arun Jaitley raises excise duty on cigarettes by 40%

admin 04 October ,2016

By hiking excise rates on cigarettes by a whopping 40%, Finance Minister Arun Jaitley has not merely dent a hole in the wallets of cigarette smokers all over the country but has left Bollywood Badshah SRK tottering on the edge of bankruptcy. Although SRK is by far the wealthiest chain smoker in the country, the sheer volume of nicotine he smokes everyday means that the steep rise in cigarette prices is going to make it difficult for him to make ends meet.

“This is a mid-life crisis” said King Khan. He has been earning a lot from movies and endorsements but all his money goes into buying high end cigarettes. He has always spoke of his desire to quit but somehow that’s not materialized. Now he has to star in more movies for Karan Johar and YashRaj to pay for the nicotine stick.

But SRK has not given up. He has warned the Finance minister that he will make the sequel of Ra.One to earn more money. Finance ministry has been forced to rethink their decision because they are scared of another big budget movie which would bore the audience to death. “We have to roll back the tax if Red Chillies goes ahead with their plan”, an official from the Finance ministry was quoted.



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admin 04 October ,2016