The Union Minister Hardeep Singh Puri and his wife, Lakshmi Puri’s election affidavits for Madhya Pradesh’s by-election to the Rajya Sabha contains several specifics regarding their finances in the past. The comparison of the couple’s combined movable assets with their affidavit from 2018 and 2019 shows a propped up growth of almost four-times in the property from ₹4.22 crore to ₹17.20 crore, in 8 years.
Lakshmi Puri’s Income Records Sharp Growth
It is clear from the figures that Lakshmi Puri’s income has also increased significantly over the years, raising her husband’s behind. She earned ₹15.40 lakh during the FY 2021-22. It rose to ₹1.70 crore by 2025-26, that’s a growth of around 1,003%.
Meanwhile, holding the same position, the income of Hardeep Singh Puri rose by 19% from ₹63.37 lakh in 2021-22 to ₹75.57 lakh in 2025-26. After it became public that Lakshmi Puri declared an annual turnover of over Rs 16,000,000, which was an increase from her previous income of Rs 7,500,000, her husband’s income has risen to over Rs 18,800,000.
Property Investments and Liabilities
The couple have paid advances worth ₹14.17 crore for different properties on the affidavits. Hardeep Puri has been contributing ₹5.50 crore, while Lakshmi Puri has been putting in ₹8.67 crore. The affidavits also confirm both do not have any outstanding liabilities nor bank loans.
Lakshmi Puri, the owner of an 11-by-11-metre Geneva, Switzerland apartment, bought it in 2006 for 1.6 million Swiss francs. Now it is declared to be worth 3 million Swiss francs. The total loan of 885,000 Swiss francs against the property, as reported in 2018-19, has been fully paid back so far.
Lakshmi Puri, former Indian Foreign Service officer, former Assistant Secretary-General of the United Nations (UN) and is currently an independent director at Apollo Tyres.