Actress Rakul Preet Singh, known for her notable work across Hindi, Telugu, and Tamil cinema, has officially addressed recent media filings and speculative news reports regarding the Income Tax search operations. A law-abiding taxpayer and self-made artist raised in an Indian Armed Forces family, Singh has maintained a reputation for high professional integrity and strictly compliant financial practices throughout her career. In light of sensationalized and unverified reports circulating across digital and mainstream media channels, the actress has released an official statement to set the record straight and safeguard her reputation.
Setting the record straight on the matter, Rakul Preet Singh issued the following statement: “It’s heartbreaking to see that There’s a growing trend amongst the self styled online reporters & some main stream media journalists to sensationalise the news without verifying facts . Let’s therefore set the record straight once for all. The search was not pertaining to me . Let it be known that I am from the Armed Forces background & had no Godfather in the Industry. I have come up through sheer hardwork & as a responsible law abiding citizen have been paying my due taxes since the age of 20 years. I am not involved in any kind of illegal Foriegn remittance in personal capacity or on behalf of any Production house. I would also add here that I do not hold any Benami property on behalf of anyone anywhere in the country or abroad. Neither ANYONE has EVER gifted me any property at anytime nor do I accept such expensive gifts as a principle . I urge all those who published these false, malicious and speculative reports to retract them and clarify the facts. I understand that everyone running a media business however big has their own commercial pressures. But it cannot come at the cost of facts. And certainly not at the cost of someone’s reputation and livelihood.”
The Income Tax Department initiated search operations across at least 12 Mumbai premises last week involving actor Rakul Preet Singh, her father-in-law and veteran producer Vashu Bhagnani, and production house Panorama Studios. As first reported by India Today, the Mumbai IT division is executing the searches in connection with alleged financial irregularities and foreign capital transfers tied to film ventures. Singh is married to actor-producer Jackky Bhagnani, whose family heads Pooja Entertainment. While Panorama Studios remains a major production and distribution banner in the Hindi film industry. Citing internal sources, Moneycontrol reported that tax authorities had been monitoring reports of substantial funds being transferred overseas under the guise of foreign location shoots, international production expenses, and overseas distribution rights.
Investigating teams suspect these mechanisms may have involved tax evasion and accounting discrepancies, prompting the multi-location searches across Mumbai offices and properties. On the work front, Singh is scheduled to appear in Nitesh Tiwari’s upcoming epic Ramayana as Shurpanakha.