According to govt sources, the group has allegedly floated several paper companies to evade tax by claiming bogus expenses and purchases using shell entities.
The IT dept conducted the raids as part of an investigation into allegations of tax evasion against officials including senior IAS officer in Bhupesh Baghel-led Congress government.
The I-T dept raided premises of 2 prominent Karnataka Congress leaders — former deputy CM G. Parameshwara and former MP R.L. Jalappa's son — as a part of a tax evasion probe.
Two months after BJP won UP polls, the EC gave clean chit to BSP, releasing its Rs 104 crore made unusable during polls due to ED's post note ban scrutiny.
The searches are being conducted at the Bhopal, Indore, and Delhi NCR premises of the aides, who are accused of tax evasion and hawala transactions during the ongoing poll season.
Perhaps the present crisis and trauma can force our country into something resembling that special moment we found in the sixties. Perhaps we can radically alter our business environment.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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