Tax raids: A few bundles of banknotes are found in the house of a trader from Uttar Pradesh. Income tax officials have been conducting searches at the merchant's home since Thursday.

For the current year,  IT officials have estimated Rs 150 crore. Yet the counting continues. However, the businessman's relationship with Samajwadi party chief akhilesh yadav has now become a hot topic.

Tax raids: A few bundles of banknotes are found in the house of a trader from Uttar Pradesh. Income tax officials have been conducting searches at the merchant's home since Thursday.

 Piyush Jain, a prominent businessman in gujarat and a follower of Samajwadi party chief Akhilesh Yadav.

In the meantime, a few bundles of banknotes are coming out. A total of over Rs 150 crore in cash bundles was leaked to the dismay of the authorities.

UP to be held next year State politics heats up in the wake of the assembly elections. It was during this sequence that the discovery of such a large number of bundles of banknotes in the house of piyush Jain, who had an affair with akhilesh yadav, became a hot topic.

Piyush Jain, a leading pan masala maker and transport businessman from gujarat, was attacked by GST and Income Tax officials on thursday and on Friday.
However, more than Rs 150 crore in cash was leaked to the dismay of the authorities. Authorities raided Piyush's offices and followers' homes in kanpur and mumbai in gujarat and Uttar Pradesh. Authorities found similar bundles of banknotes in all areas where the searches were conducted. Officials said this was the first time in recent times that such a large amount of banknotes had been seized.

It was learned that the bank staff had taken away tens of thousands of banknote counting machines by the authorities as a large number of bundles of notes had come out.

It seems that the counting process will continue till saturday afternoon.

The issue has become a hot topic in the wake of the upcoming UP elections. Because piyush Jain Samajwadi party leader akhilesh yadav is known as a loyal pawn.

Piyush Jain has created many false invoices and evaded taxes, IT officials said. He claimed to have evaded tax by showing an invoice amount of less than Rs 50,000.

BJP national spokesperson Sambit Patra took to twitter to respond to the allegations, alleging that the Samajwadi party had lost its true colour. All this is people's money,

మరింత సమాచారం తెలుసుకోండి:

Black Money

D N INDUJAA

24/12/2021 05:11 PM