Hyderabad: Senior advocate and Telangana Rajya Sabha nominee Abhishek Manu Singhvi has declared property price Rs 2,558 crore and an annual revenue of Rs 374 crore for the 2024-2025 monetary yr, marking a bounce of greater than 200 p.c from FY 2021 earnings, in line with the election affidavit he filed in Hyderabad on 6 March whereas submitting his nomination papers.

The affidavit accessed by ThePrint confirmed the revenue within the previous years was Rs 333 crore in 2023-24, Rs 359 crore in 2022-23, Rs 290 crore in 2021-22 and Rs 158 crore in 2020-21.

In response to the affidavit, whereas there are not any pending legal instances towards Singhvi, a case in Jodhpur filed by the Central Board of Direct Taxes in 2011, 2012, and 2013 continues to be pending. The advocate is accused of inflating bills and evading tax by understating his revenue.

The affidavit declared Abhishek Singhvi’s excellent dues to the revenue tax division topped Rs 63 crore, whereas his different liabilities stood at Rs 353 crore.

The affidavit additionally declares an impartial legal responsibility of Rs 72.99 crore towards Anita Singhvi’s identify.

The couple additionally holds jewelry price Rs 159.93 crore, and the worth of work and artworks runs into Rs 25 crore, the affidavit mentioned.

ThePrint has reached Singhvi for remark through calls, WhatsApp calls and texts. This report will likely be up to date if and when a response is obtained.

The sharp rise in revenue and the ensuing improve in his web price have drawn criticism from the Bharatiya Janata Occasion.

BJP spokesperson Amit Malviya mentioned on social media platform X that the Congress chief’s earnings got here from combating for the Trinamool Congress-led authorities in West Bengal and the Aam Aadmi Occasion in Delhi.

“The sample is evident: political scandals for some, and large authorized paydays for a choose few, all at public expense,” Malviya mentioned.

The sharp surge in Abhishek Manu Singhvi’s revenue during the last 5 years has generated plenty of debate.

From ₹158 crore in FY21 to ₹374 crore in FY25, a staggering 236% bounce, Singhvi has now declared property price ₹2,869 crore in his Rajya Sabha election affidavit.

A…

— Amit Malviya (@amitmalviya) March 9, 2026

In distinction, the opposite Congress chief nominated from Telangana, Vem Narender Reddy’s property have been a fraction of Singhvi’s.

In response to his affidavit, Reddy’s household property whole a bit greater than Rs 40 crore.

Whereas his movable property are valued at Rs 42.57 crore, his spouse’s movable property stood at Rs 2.27 crore. Fastened deposits of Rs 28 crore and a 40 p.c stake in Asthra Krishna Hospitality Group have been among the many property the Reddy household declared to the returning officer.

The Congress renominated Abhishek Manu Singhvi from Telangana and included chief minister Revanth Reddy’s adviser and political affiliate, Vem Narender Reddy, because the second candidate to the Rajya Sabha on 6 March.

The present phrases of the sitting members—Singhvi and former Andhra Pradesh meeting speaker Suresh Reddy—will finish on 9 April. The 2 leaders are anticipated to be elected unopposed, with the Congress having fun with a majority in each homes in Telangana.

(Edited by Sugita Katyal)

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