Making an electoral foray from Amritsar seat, Jaitley is locked in a fierce battle of ballot with Congress leader and former Punjab Chief Minister Amarinder Singh. Jaitley today declared his immovable and movable assets including that of his spouse at Rs 75.7 crore and Rs 37.32 crore respectively in his affidavit filed along with his nomination papers.
Arun Jaitley will take on Congress's Amarinder Singh from Amritsar
Seemingly fond of luxury cars, Jaitley has declared four wheelers including the high-end Porsche worth Rs 1.02 crore, Mercedes Benz (Rs 78.89 lakh), BMW (Rs 85.57 lakh), Honda Accord (Rs 20.44 lakh), and Toyota Fortuner (Rs 23.28 lakh) with a combined value of Rs 3.10 crore. Among movable assets, Jaitley declared cash in hand worth Rs 1.35 crore while his spouse has cash worth Rs 7.5 lakh. 61-year-old Jaitley has bank balance of Rs 18.01 crore while he has investments in bonds and PPF amounting to Rs 2 crore and Rs 15 lakh respectively.
In his affidavit, he has shown personal loans and advances worth Rs 10.37 crore which also includes advances to his wife Sangeeta of Rs 8.20 crore. Jaitley, who studied LLB from Delhi University in 1973-77, has gold jewellery worth Rs 1.88 crore which includes 5,630 grams of gold jewellery, 15 kg of silver and diamonds. His wife has gold jewelry, silver, diamonds worth Rs 23.44 lakh.
Among immovable assets worth Rs 75.70 crore, Jaitley owns a plot in Faridabad (Haryana), commercial property at Cyber Park in Gurgaon, five residential properties at Delhi, Gurgaon and Gandhinagar in Gujarat. Leader of Opposition of Rajya Sabha, Jaitley has declared income to the tune of Rs 2.16 crore for 2012-13 year and has no liability.