Mufti has no assets, 'except' inherited Rs 55 lakh

Regional People’s Democratic Party (PDP) president and former Chief Minister of Jammu and Kashmir Mehbooba Mufti has only Rs 55 lakh assets which she has inherited while her total income in last financial year was Rs 8.63 lakh.

In the mandatory affidavit filed before the Returning Officer at the time of filing nomination papers for Anantnag parliamentary constituency, the former CM has declared that there are no moveable or immovable assets in her or her dependents name except for inherited assets, whose cost has been declared worth Rs 55 lakh.

A law graduate from the University of Kashmir in 1982, the firebrand PDP chief has shown Rs 8.63 lakh as her total income in the Income Tax Return filed for 2018-19 while she has no liabilities. Mehbooba became the first woman chief minister of Jammu and Kashmir in April 2016 and remained on the post till June 2018 when the BJP pulled out of the alliance government.

Mehbooba’s opponent in Anantnag LS segment, and state Congress chief, GA Mir, has Rs 82.36 lakh worth moveable assets on his name and Rs 54.10 lakh similar assets on the name of her wife. He has immovable assets to the tune of Rs 1.26 crore and Rs 45.35 lakh worth self-acquired immoveable property.

Mir, a former state minister, owns a residential house at Greater Kailash, Jammu and two petrol pumps-one each in Jammu and Anantnag. He has declared current market price of self-acquired assets as Rs 8.65 cr and inherited assets as Rs 4 crore. His spouse has Rs 1.4 lakh worth self-acquired assets and Rs 40 lakh inherited property.

National Conference (NC) candidate from Anantnag seat, Justice (Retired) Hasnain Masoodi has declared mere Rs 3 lakh worth moveable assets while his wife has similar assets to the tune of Rs 25 lakh. He has a self-acquired immoveable property of Rs 5 lakh and his wife Rs 51.5 lakh.

Masoodi has shown the market price of his self-acquired assets at Rs 60 lakh and inherited assets as Rs 35 lakh while his wife has similar total assets worth Rs 1.5 crore.