The furore over Karnataka I-T searches
The raids that went on for four days against “government contractors and real estate developers” in Karnataka, Andhra Pradesh, Telangana and New Delhi recovered ₹94 crore in cash and ₹8 crore worth of gold jewellery, diamonds and luxury watches, totalling ₹102 crore, the I-T Department said.
Read MorePMLA case: ED raids Chincholi properties
Hyderabad: The Enforcement Directorate (ED) conducted searches on assets of Chincholi Sugar and Bio Industries promoters in connection with a money la.
Read MoreI-T dept raids 2 outlets of Pune-based Nilkanth Jewellers
Officers of the Income Tax department are currently carrying out a raid at the Baner and Hadapsar outlets of city-based Nilkanth Jewellers.
Read MoreBJP Demands CBI Probe Into Recovery Of Rs 94 Crore In Cash During Raids
The Karnataka BJP on Tuesday staged a demonstration here demanding a CBI investigation into the recovery of huge amounts of cash in the recent I-T raids in Karnataka and some other states.
Read More‘Rates being fixed at CM’s office itself’: Karnataka BJP chief demands ‘corrupt’ …
Bengaluru, Oct 18 (PTI) Karnataka BJP president Nalin Kumar Kateel on Wednesday accused the Congress government in the state of rampant corruption and failing in managing drought and the power crisis, and demanded Chief Minister Siddaramaiah and Deputy Chief Minister D K Shivakumar’s resignation. Alleging that crores of rupees recovered from contractors’ during the recent I-T department searches, as commission money collected at the behest of the ruling Congress in Karnataka to fund the party for elections in five states, he urged an Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) probe into the matter.
Read MoreRs 94 crore cash, jewellery seized in probe agency’s multi-state raids
The Income Tax department conducted raids on 55 locations of government contractors, real estate developers and their associates on October 12.
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