Private sector Axis Bank has said it has so far suspended 50 accounts and 24 employees for suspicious activities in its operations. Axis’s retail banking head Rajiv Anand said so far the investigating agencies had visited eight branches, including five in New Delhi, and the number of employees suspended has gone…
A whopping Rs. 152 crore unaccounted income, including a huge stash of new notes, bullion, jewellery, and documents pertaining to property ownership, have been seized on the premises of two chief engineers of the PWD and contractors, by the I-T officials over the last three days. “Based on the property documents and…
Officials from the Income Tax Department’s Karnataka and Goa region operationsseized Rs six crore, including Rs 4.7 crore in new Rs 2000 denomination, along with huge bullion and jewellery from four persons – two Government engineers and two contractors – following searches conducted on Wednesday and Thursday. A…