An Reserve Bank of India (RBI) official was arrested on Tuesday in Bengaluru for allegedly helping convert banned notes. Eight men have also been arrested in a series of raids in which crores in new notes have been found. K Micheal, a senior special assistant with the RBI Bengaluru, has[Read More…]
Tag: Raids
I-T dept conducts raids across country after demonetisation of notes
Cracking the whip on potential tax evaders, the Income Tax (I-T) department on Thursday conducted multiple raids in Delhi, Mumbai and other cities in the wake of demonetisation of currency. The department had been keeping a close watch on large deposits in banks. As reported by The Indian Express, the[Read More…]