Pankaj is likely to be awarded with Padma Shree alongwith Bollywood actors Aishwarya Rai Bachchan and Akshay Kumarm, and Indian cricket team captain Mahendra Singh Dhoni.
Report from NDTV --> The Padma Vibhushan this year is likely to go to Atomic Energy commission chief Dr Anil Kakodkar, sources have told NDTV.
The honour will also be awarded to Indian Space Research Organisation (ISRO) chairman G Madhavan Nair.
As per sources, the Padma Bhushan award will be given to Olympic gold medalist Abhinav Bindra and Indian Express editor Shekhar Gupta.
Meanwhile, the Padma Shree will be awarded to Bollywood actors Aishwarya Rai Bachchan and Akshay Kumar. Indian cricket team captain Mahendra Singh Dhoni and billiards player Pankaj Advani will also be given the honour.