Trade of Asia

Indian Income Tax attack, more than Rs 150 crore recuperated from dealers

New Delhi: More than Rs 150 crore was recuperated from a money manager’s home in an attack by the Income Tax Department in India.

As per Indian media, concurrent attacks at the homes and workplaces of Income Tax Department dealers in Kanpur, Mumbai, Gujarat and Kanpur recuperated more than Rs 150 crore in real money. An enormous number of jewelery and assets were likewise seized alongside cash.

Indian duty authorities say cash from dealers is being counted. The activity of the annual assessment specialists began yesterday is as yet continuing.

Indian money manager Piyush Jain has a scent business and is viewed as near numerous political figures. Specialists say further move will be made once the assault is finished.

In India, the Income Tax Department has dispatched a mission against charge dodgers and those engaged with dubious exchanges.

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