Rs 352 Crore Seized in India's Largest Income Tax Raid: Team Honored for 10-Day Operation

In India’s largest income tax raid, authorities seized ?352 crore, unearthing a massive tax evasion scheme. The 10-day operation involved over 650 officers from the Income Tax Department, who conducted searches at 73 locations across multiple states. The raid led to the discovery of unaccounted cash, jewelry, and investments linked to real estate firms, shell companies, and high-net-worth individuals. The operation also revealed large-scale money laundering activities. The success of the operation was celebrated with commendations for the involved officers. The seized assets are expected to lead to significant tax recoveries, underscoring the government’s intensified efforts to combat tax evasion and black money in the country.