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150 Crore (And Counting) Found At Businessman’s Home In Tax Raid

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Tax raids at premises linked to Piyush Jain, a Kanpur businessman who is part of the perfume industry, have recovered more than ₹ 150 crore cash, Vivek Johri, the Chairman of the Central Board of Indirect Taxes and Customs (CBIC), told news agency ANI on Friday.

“This is the biggest recovery in the history of the CBIC. No arrest has taken place so far,” he said.

Photographs from the raid showed two mountains of cash stuffed into two large wardrobes at the residential premises of Mr Jain. The bundles were all wrapped in paper covers and secured with yellow tape. In each photo, there are over 30 such bundles visible.

Another photograph showed officials from the CBIC, the IT department and the Goods and Services Tax (GST) Intelligence unit squatting on a floral sheet spread in the middle of a room and surrounded by yet more piles of cash and three note-counting machines.

The raids on multiple premises in Uttar Pradesh, Gujarat and Mumbai, began Thursday at a factory owned by M/s Trimurti Fragrances – which manufactures the Shikhar brand of pan masala and other scented tobacco products – in Uttar Pradesh’s Kanpur.

Raids were also carried out at offices and godowns owned by a transporter – M/s Ganpati Road Carriers, also in Kanpur – after which the action shifted to Piyush Jain’s premises.

“Based on intelligence inputs, the residential premises of partners of M/s Odochem Industries… who were supplying perfumery compounds… was also searched,” the GST department’s statement said.

“During the search proceedings at the residential premises, huge amounts of cash, wrapped in paper, has been found. Therefore, the process of counting cash has been initiated with the help of officials of State Bank of India (Kanpur), which may continue till (evening of) 24 December…” the statement said.

“The total amount of cash is expected to be in excess of ₹ 150 crores,” it further said.

GST officials said the money was linked to the dispatch of goods via fake invoices and without e-way bills by a goods transporter. These fake invoices were created in the name of imaginary firms.

These invoices were for ₹ 50,000 each, and more than 200 such invoices – created without GST payments – were found in four trucks inside the trader’s warehouse.

COVID 19

India reports over 2.86 lakh new cases with positivity rate at 19.59%; 573 deaths

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India recorded 2,86,384 new cases of the novel coronavirus and 573 deaths due to the infection in the past 24 hours. According to the data shared by the Union Health Ministry on Thursday (January 27), the country saw 3,06,357 discharges in the last 24 hours, taking the total recovery rate at around 93.23 per cent total recoveries data reached 3,76,77,328.

The total active cases of COVID-19 in India have risen to 22,02,472 (5.46 per cent), the ministry data showed today.

The total death toll in the country is now at 4,91,700. The first death due to the COVID pandemic in India was reported in March 2020.

The daily positivity rate is at 19.59 per cent today.

According to the Indian Council of Medical Research (ICMR), 72,21,66,248 samples have been tested up to January 25 for COVID-19. Of these, 14,62,261 samples were tested on Wednesday.

Also Read: 3 Soldiers Injured In Shopian Gunfight

Meanwhile, Delhi Deputy CM Manish Sisodia on Wednesday sounded positive about the reopening of schools in the capital. He said that ‘excessive caution can harm children, which is why reopening schools is necessary to prevent further damage to the socio-emotional well being of students.

The Delhi Disaster Management Authority (DDMA) has called a meeting on Thursday to deliberate on easing the curbs in the national capital because of the improved situation of COVID-19. The issue of reopening schools is also on the agenda.

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Kashmir

Lt Governor unveils ‘Charkha’ at Srinagar International Airport

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Lieutenant Governor Manoj Sinha today virtually unveiled a Charkha (Spinning Wheel) at the Srinagar International Airport.
The Charkha measuring 8.6 ft by 4.3 ft and weighing 71 kg has been installed by the Jammu & Kashmir Khadi and Village Industries Board (KVIB).
Speaking on the occasion, the Lt Governor said that Charkha symbolizes Mahatma Gandhi’s idea of Self-Reliance and its installation at Srinagar Airport on Republic Day is a befitting tribute to Bapu and to all the great freedom fighters of India.
“Charkha was made a symbol of economic self-reliance by Bapu in 1918 and became an important part of Swadeshi and Indian Independence movement like Non-violence, Satyagraha and Civil Disobedience”, he added.
Terming the occasion as historic, the Lt Governor said that the Charkha at Srinagar airport will inspire us to encourage greater public participation in the development framework of the UT and to meet the needs of the people by optimally utilizing our social capital and other resources.
“Today, when our country is celebrating Azadi ka Amrit Mohatsav and moving steadily towards the fourth industrial revolution, I believe Charkha will serve as a symbol of Atma Nirbhar Bharat campaign of Hon’ble Prime Minister Shri Narendra Modi and will inspire the citizens of the UT and all countrymen to work towards building a self-reliant J&K, and a self-reliant India”, the Lt Governor remarked.
The Lt Governor observed that J&K is making great strides in fulfilling the Hon’ble Prime Minister’s vision of AtmaNirbhar Bharat and keeping with this spirit, continuous efforts are being made for the revival and conservation of Khadi, Rural Arts & Crafts, besides expanding their reach to the international market.
Hon’ble Prime Minister’s slogan – ‘Khadi for Nation, Khadi for Fashion’- has gained greater popularity and now international designers are using Khadi in New York and London fashion shows, he further added.
The Lt Governor also called for collaborative efforts to preserve the identity of the world-famous handicrafts, art and culture of Jammu and Kashmir, on the occasion.
Highlighting the initiatives taken by J&K Khadi and Village Industries Board (KVIB) to create livelihood generation opportunities for the people of the UT, the Lt Governor said that in the last three years, 11,978 units have been established under the Prime Minister’s Employment Generation Program and 1,803 units have been established under the Rural Employment Generation Program, besides 4,904 units have also been established for the deprived sections and women.
“Under all these schemes, about 1,50,000 people have been provided with viable employment opportunities”, he noted.
The Lt Governor congratulated Dr Hina Bhatt, Vice-Chairperson, Jammu & Kashmir Khadi and Village Industries Board, and the members and officials of KVIB on this historic occasion.
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Kashmir

Militancy incidents on decline in Pulwama, but local militant recruitment still up: GoC D P Pandey

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General officer Commanding (GoC) of Srinagar-based army’s 15 Corps Lieutenant General D P Pandey Wednesday said that the southern district of Pulwama has indeed shown a decline in militancy-related incidents but the district continues to see local militant recruitment on the rise. He said that in the ensuing year, the army believes that Pulwama will see a further dip in local militant recruitment.
As per the news agency, the GoC was on a visit to the southern districts of Shopian and Pulwama on the eve of 73rd Republic Day. He met senior citizens and traders in these twin districts of South Kashmir.
Talking to media persons at Shopian, the GoC said that the people of Kashmir want peace and not militancy. “Militancy related incidents are declining and we believe they will further go down in the ongoing year,” he said.
The army officer said that if the number of militants and militancy-related incidents decline, it will provide more opportunities to local youth to make their future.
“Time has come when people have to choose the path of peace and stability,” he said, adding that the people of South Kashmir like those of north Kashmir have realized the effects of militancy.
The GoC said that the wrong narrative is being taught to children and wherever it happens, youth are bound to choose the wrong path “as it is the easy way out and just a glamour.”
“Youth are picking guns because of unemployment but the wrong path is being shown to them,” Pandey said. He said that the situation was getting better as people, especially youth have understood that taking the path of militancy was wrong.
He said that militancy-related incidents have declined in Pulwama but “local militant recruitment continues to be on the rise.” “We believe this (local militant recruitment) will also go down in the ongoing area,” the GoC said and sought people’s cooperating in bringing peace and development in southern districts of Kashmir
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Covid-19 Stats

27 Jan 2022, 5:57 AM (GMT)

Coronavirus Stats

40,371,500 Total Cases
491,729 Death Cases
37,677,328 Recovered Cases

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