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Декабрь
2024

India's lavish weddings under taxman’s scrutiny: IT department investigates Rs 7,500 crore of unaccounted cash

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The Income Tax Department is investigating around 20 wedding planners in Jaipur for suspected tax evasion of approximately ₹7500 crore. The investigation focuses on cash transactions and the use of mule accounts and fake bills. Scrutiny may extend to foreign destination weddings and associated foreign exchange regulations.