Tax raids on Indian perfumer underway: Rs 2.8 billion, 25 kg gold and 250 kg silver recovered so far

Indian businessman Piyush Jain was arrested on suspicion of tax evasion on the night of December 26 after government authorities searched his properties for more than 40 hours in what turned out to be possibly the largest cash seizure in recent history. According to sources, a total of Rs 2.8 billion (approximately $38 million) in…Continue Reading

Income Tax Dept raids Delhi-based real estate seizes unaccounted cash of Rs 10 cr

Last Updated: 24th November, 2021 14:34 IST The Income Tax Department conducted search operations on two real estate groups based in Delhi-NCR regarding an allegation that there was a case of tax evasion. Image: Representative The Income Tax Department conducted search operations on two real estate groups based in Delhi-NCR regarding an allegation that there…Continue Reading