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Bollywood's Katrina Kaif denies tax evasion

Thursday, January 27, 2011

MUMBAI — Leading Bollywood actress Katrina Kaif has denied any wrongdoing after a raid on her home by tax officials investigating suspected tax evasion.

The 26-year-old star was "disturbed" by speculation she had failed to declare tens of millions of rupees in income after her Mumbai home was searched earlier this week by tax officials, according to a statement.

The statement sent to media organisations late Wednesday from her accountant said her accounts were all in order.

"Katrina is fully cooperating with the IT department, whom she holds in high regard," it added.

Government officials said on Monday that they had raided the homes and offices of Kaif and another of Bollywood's most bankable female stars, Priyanka Chopra.

Kaif was born in Hong Kong to a British mother and a father of Indian Kashmiri origin and switched from modelling to acting, scoring her first hit with the 2007 movie "Namastey London" (Hello London).

The weekly news magazine India Today said in its latest issue that Kaif earns 30 million rupees ($670,000) per film and 25 million rupees a year for product endorsements.

Chopra, a former winner of the Miss World competition who has enjoyed huge on-screen success in recent years, has so far made no public comment on the raids.

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