Up Unaccounted Cash

Unaccounted cash, precious metals like gold and silver, illicit liquor and drugs totalling over Rs 11 crore have been seized since January in the nine districts of Uttar Pradesh where Assembly polls are scheduled for Monday, according to the police.

The police in Gautam Buddh Nagar have impounded a Mercedes car after Rs 2.50 lakh "unaccounted cash" was recovered from it, officials said on Friday.

Unaccounted cash worth over Rs 21 lakh has been recovered from a Porsche-borne businessman in Noida ahead of the Uttar Pradesh assembly polls, officials said on Thursday.

Two people were briefly detained by the police in poll-bound Uttar Pradesh's Noida on Tuesday after undocumented cash worth Rs 99,30,500 was found in their SUV car, officials said.

The raid on Uttar Pradesh businessman Piyush Jain is not a case of mistaken identity, sources in the agency that investigates GST evasions said after the unearthing of heaps of unaccounted cash from his premises made national headlines.

Income Tax sleuths today seized over Rs 54 crore of unaccounted cash during searches at multiple premises of a leading Tamil Nadu based distillery in the city. Acting on a tip off about suspected tax evasion and backed up by days of spadework related to the company, income tax officials conducted searches at 12 premises belonging to the Director an...

Raids on a senior Uttar Pradesh bureaucrat have revealed an enormous haul of unaccounted cash and jewellery. Income Tax officials have allegedly found around 10 crores in cash and 10 kg gold during raids on Keshav Lal, a Kanpur-based additional commissioner of Sales Tax, who has a house in Noida near Delhi.

After the notes ban, the Centre came up with an amnesty scheme for holders of unaccounted cash by asking them to pay 50 per cent tax and parking one-fourth of it in a no-interest bearing four-year deposit.

The government proposed to raise penalty under Income Tax Act for search and seizure cases by 3-fold to 30 per cent, a move aimed at deterring black money holders from misusing the provisions for turning their unaccounted cash into white.

The cabinet has cleared new amendments to existing laws to charge a minimum 50 per cent tax on unexplained bank deposits made using banned 500 and 1,000 rupee notes up to December 30. It will be introduced in parliament next week.

Seizure of about Rs.40 lakh from two places in poll bound Uttar Pradesh on Friday took the recovery of unaccounted money in the state to Rs.27 crore in the past few days.

More than Rs.23 crore of unaccounted money has been seized in Uttar Pradesh since the Election Commission cracked its whip ahead of assembly elections.

Huge amount of unaccounted cash was recovered on Monday in poll-bound Uttar Pradesh during a drive, launched at the behest of the Election Commission, to check the flow of illegal money. "So far more than Rs 10 crore have been seized from different parts of the state during a drive to check flow of illegal money," state Chief Electoral Officer Umes...

A total of 273 cases of violation of model code of conduct have been filed in Uttar Pradesh and unaccounted cash totalling Rs 6.48 crore has been recovered by flying squads constituted by the Election Commission, official sources said.

Over Rs 1.37 crore in cash, 10 kg of silver and six pistols along with live cartridges were recovered during a vehicle checking drive in view of the coming Assembly polls in Uttar Pradesh elections.

Unaccounted cash, precious metals like gold and silver, illicit liquor and drugs totalling over Rs 11 crore have been seized since January in the nine districts of Uttar Pradesh where Assembly polls are scheduled for Monday, according to the police.

The police in Gautam Buddh Nagar have impounded a Mercedes car after Rs 2.50 lakh "unaccounted cash" was recovered from it, officials said on Friday.

Unaccounted cash worth over Rs 21 lakh has been recovered from a Porsche-borne businessman in Noida ahead of the Uttar Pradesh assembly polls, officials said on Thursday.

Two people were briefly detained by the police in poll-bound Uttar Pradesh's Noida on Tuesday after undocumented cash worth Rs 99,30,500 was found in their SUV car, officials said.

The raid on Uttar Pradesh businessman Piyush Jain is not a case of mistaken identity, sources in the agency that investigates GST evasions said after the unearthing of heaps of unaccounted cash from his premises made national headlines.

Income Tax sleuths today seized over Rs 54 crore of unaccounted cash during searches at multiple premises of a leading Tamil Nadu based distillery in the city. Acting on a tip off about suspected tax evasion and backed up by days of spadework related to the company, income tax officials conducted searches at 12 premises belonging to the Director an...

Raids on a senior Uttar Pradesh bureaucrat have revealed an enormous haul of unaccounted cash and jewellery. Income Tax officials have allegedly found around 10 crores in cash and 10 kg gold during raids on Keshav Lal, a Kanpur-based additional commissioner of Sales Tax, who has a house in Noida near Delhi.

After the notes ban, the Centre came up with an amnesty scheme for holders of unaccounted cash by asking them to pay 50 per cent tax and parking one-fourth of it in a no-interest bearing four-year deposit.

The government proposed to raise penalty under Income Tax Act for search and seizure cases by 3-fold to 30 per cent, a move aimed at deterring black money holders from misusing the provisions for turning their unaccounted cash into white.

The cabinet has cleared new amendments to existing laws to charge a minimum 50 per cent tax on unexplained bank deposits made using banned 500 and 1,000 rupee notes up to December 30. It will be introduced in parliament next week.

Seizure of about Rs.40 lakh from two places in poll bound Uttar Pradesh on Friday took the recovery of unaccounted money in the state to Rs.27 crore in the past few days.

More than Rs.23 crore of unaccounted money has been seized in Uttar Pradesh since the Election Commission cracked its whip ahead of assembly elections.

Huge amount of unaccounted cash was recovered on Monday in poll-bound Uttar Pradesh during a drive, launched at the behest of the Election Commission, to check the flow of illegal money. "So far more than Rs 10 crore have been seized from different parts of the state during a drive to check flow of illegal money," state Chief Electoral Officer Umes...

A total of 273 cases of violation of model code of conduct have been filed in Uttar Pradesh and unaccounted cash totalling Rs 6.48 crore has been recovered by flying squads constituted by the Election Commission, official sources said.

Over Rs 1.37 crore in cash, 10 kg of silver and six pistols along with live cartridges were recovered during a vehicle checking drive in view of the coming Assembly polls in Uttar Pradesh elections.