Onion Raids

A survey of shops and godowns owned by six major onion traders in Madhya Pradesh's Shajapur district by income tax officials has led to the disclosure of undisclosed income amounting to Rs 5 crore as well as indications that they may have manipulated their stocks to inflate retail prices.

With onion prices soaring in Delhi, the food and supplies department on Tuesday cracked down on hoarders and black marketers, in an effort to control the spiraling prices. Over 50 teams from the department conducted raids at 500 places and slapped cases against the alleged hoarders under the Essential Commodities Act.

Amid protests from vegetable merchants over tax raids, the I-T department has unearthedunaccounted money worth over Rs 7 crore from Punjab-based wholesale vegetable merchants, said an official.The money was unearthed by authorities during a survey conducted last week to check commodity hoarding in the wake of soaring onion prices."About Rs 7.25 cro...

Onion and tomato prices may increase further as traders in Azadpur Mandi in Delhi have gone on a strike from today against tax raids, even as the state government has threatened to invoke the Essential Services Maintenance Act (ESMA) against them.The traders at Azadpur, Asia's biggest vegetable and fruit market, are protesting against the income ta...

The Nashik onion traders have called off their two-day strike and trading will begin from Tuesday at Lasalgaon.The traders from India's largest onion market were protesting the Income Tax Raids that were conducted.Income tax department on Saturday raided houses and godowns of four onion traders -- two in Lasalgaon and one each at Nashik and Pimpalg...

Soaring onion prices have not just left consumers teary-eyed but the government very worried. In a bid to bring down prices, the Income Tax department raided onion hoarders across the country.Raids were conducted at 17 places across 12 districts in Bihar and Jharkhand. Reports of raids also came in from Kolay Market in Sealdah and from Asansol. The...

A survey of shops and godowns owned by six major onion traders in Madhya Pradesh's Shajapur district by income tax officials has led to the disclosure of undisclosed income amounting to Rs 5 crore as well as indications that they may have manipulated their stocks to inflate retail prices.

With onion prices soaring in Delhi, the food and supplies department on Tuesday cracked down on hoarders and black marketers, in an effort to control the spiraling prices. Over 50 teams from the department conducted raids at 500 places and slapped cases against the alleged hoarders under the Essential Commodities Act.

Amid protests from vegetable merchants over tax raids, the I-T department has unearthedunaccounted money worth over Rs 7 crore from Punjab-based wholesale vegetable merchants, said an official.The money was unearthed by authorities during a survey conducted last week to check commodity hoarding in the wake of soaring onion prices."About Rs 7.25 cro...

Onion and tomato prices may increase further as traders in Azadpur Mandi in Delhi have gone on a strike from today against tax raids, even as the state government has threatened to invoke the Essential Services Maintenance Act (ESMA) against them.The traders at Azadpur, Asia's biggest vegetable and fruit market, are protesting against the income ta...

The Nashik onion traders have called off their two-day strike and trading will begin from Tuesday at Lasalgaon.The traders from India's largest onion market were protesting the Income Tax Raids that were conducted.Income tax department on Saturday raided houses and godowns of four onion traders -- two in Lasalgaon and one each at Nashik and Pimpalg...

Soaring onion prices have not just left consumers teary-eyed but the government very worried. In a bid to bring down prices, the Income Tax department raided onion hoarders across the country.Raids were conducted at 17 places across 12 districts in Bihar and Jharkhand. Reports of raids also came in from Kolay Market in Sealdah and from Asansol. The...