Rakul Preet Singh Breaks Silence on Income Tax Searches, Denies Illegal Foreign Remittances

Actress Rakul Preet Singh has publicly addressed reports linking her to the Income Tax Department's recent searches in Mumbai, firmly denying any involvement in illegal foreign remittances or undisclosed properties.

In a statement shared on social media on October 5, Rakul said the search “was not pertaining to me” and objected to what she described as sensationalised reporting without verification. She also stated that she has been paying her taxes since the age of 20 and denied holding benami property for anyone.

The clarification comes days after Income Tax officials reportedly conducted searches at 12 locations in Mumbai linked to people and entities associated with the film industry, including Rakul's family connections, producer Vashu Bhagnani and Panorama Studios. Authorities have not publicly announced a finding that Rakul herself committed any tax violation.

Rakul Says the Search Was Not Pertaining to Her

Rakul's statement was primarily aimed at separating herself from reports that had presented her as being directly under investigation.

She wrote that the search was not related to her and described herself as a responsible, law-abiding citizen. She also highlighted her Armed Forces family background and said she entered the film industry without a godfather.

The actress specifically denied involvement in illegal foreign remittances, whether personally or on behalf of a production house.

That distinction is important because the initial reports about the Income Tax operation concerned an investigation into suspected financial irregularities and alleged overseas movement of funds connected to film financing. Those reports did not establish that Rakul had personally committed an offence.

“I Have Been Paying My Due Taxes Since the Age of 20”

One of the strongest points in Rakul's statement was her assertion that she has consistently complied with her tax obligations.

The actress said she has been paying her due taxes since she was 20 and rejected suggestions that she was involved in illegal financial activity.

Her statement was also a direct response to reports that, in her view, had blurred the distinction between an Income Tax search at connected premises and an established allegation against her personally.

At present, there is no publicly announced Income Tax Department finding establishing that Rakul evaded tax or illegally transferred money overseas. The searches themselves are part of an investigation, and a search does not automatically establish wrongdoing.

Rakul Denies Holding Benami Property

Rakul also addressed speculation concerning allegedly undisclosed or benami assets.

She said that she does not hold any benami property for another person, either in India or abroad. She further stated that nobody has ever gifted her property and that she does not accept expensive gifts as a matter of principle.

These remarks are significant because allegations surrounding undisclosed assets can carry implications beyond ordinary income-tax compliance. However, it is important not to confuse Rakul's denial with an official finding: the available public reporting does not establish that she was accused by the Income Tax Department of holding benami property.

Why Did the Income Tax Department Conduct Searches?

The Income Tax Department reportedly conducted searches at around 12 Mumbai locations on September 28, as part of an investigation into suspected irregularities involving film-related financial transactions.

NDTV reported that investigators were examining whether funds had allegedly been routed overseas under the guise of financing film projects. Officials were reportedly checking financial records, documents and details of overseas transactions.

India Today similarly reported that the searches involved locations linked to Rakul, producer Vashu Bhagnani and Panorama Studios, while noting that the exact nature of the alleged transactions and any findings had not been publicly disclosed.

This means the broader investigation should be understood as an ongoing financial probe, rather than evidence that any one person named in reports has been found guilty of an offence.

Rakul Calls for Retraction of What She Calls False Reports

The actress did not stop at denying the allegations. She also called upon publications and individuals who had published what she described as false, malicious or speculative reports to retract them and clarify the facts.

Rakul acknowledged that media organisations operate under commercial pressures but argued that those pressures should not come at the expense of accuracy or a person's reputation and livelihood.

Her response therefore has two distinct elements: a personal denial of wrongdoing and a broader criticism of the way unverified allegations can be reported as fact.

What Is Confirmed So Far?

The distinction between confirmed information and allegations is particularly important in this story.

Confirmed from the available reporting:

• Income Tax Department teams conducted searches at multiple Mumbai locations on September 28.

• Reports identified locations connected to Rakul Preet Singh, Vashu Bhagnani and Panorama Studios.

• The reported investigation concerns suspected financial irregularities and overseas transactions connected with film financing.

• Rakul subsequently issued a public statement denying that the search was pertaining to her.

• She denied illegal foreign remittances and holding benami property.

• She stated that she has been paying her taxes since the age of 20.

Not established publicly at the time of publication:

• That Rakul personally committed tax evasion.

• That Rakul illegally remitted money overseas.

• That Rakul owns benami property.

• That the Income Tax Department has formally charged her with a financial offence.

That distinction should remain central to coverage of the story.

Rakul's Professional Front

The clarification comes at a significant point in Rakul's career.

She is attached to the upcoming epic Ramayana, in which she is set to play Shurpanakha. Her public response to the tax-search reports therefore arrives while she remains involved in a major upcoming Bollywood project.

For the actress, separating her professional career from the financial investigation is likely to be important, particularly because the initial headlines connected her name with the broader Income Tax operation.

The Celebrity Hour Take

The most important aspect of this development is not simply that Rakul Preet Singh has denied the allegations, but that the distinction between being named in reporting around an investigation and being accused of wrongdoing needs to be maintained.

The Income Tax searches are a real development and the department is reportedly examining suspected irregularities involving overseas film-related transactions. But the publicly available information does not establish that Rakul herself committed an offence.

Her statement is therefore best understood as a direct attempt to clarify her position and challenge reports that, according to her, wrongly attributed the investigation to her personally.

For readers, the next meaningful development will be any official finding from the Income Tax Department or further documentation establishing who and what the investigation specifically concerns.

Until then, allegations should remain allegations, and Rakul's denial should be reported as her stated position rather than treated as either proof of innocence or evidence of wrongdoing.

Sources & Verification

This report was prepared by cross-checking the supplied Bollywood Hungama report with Rakul Preet Singh's publicly circulated statement, including coverage reproducing her social-media clarification, and with contemporaneous reporting from NDTV, India Today, Times of India and Moneycontrol on the September 28 Income Tax searches.

The available reports consistently distinguish the broader Income Tax investigation into suspected financial irregularities from any established finding against Rakul personally. No public official finding establishing tax evasion or illegal foreign remittances by Rakul was identified during this review.