Tax raids on Jaipur wedding planners reveal Crypto use, Rs 20 cr in cash & jewels seized

Income Tax officials in Jaipur uncovered cryptocurrency transactions during raids on wedding planners, seizing over ₹20 crore in cash and jewellery and freezing three crypto wallets. The planners allegedly converted cash from clients into cryptocurrencies like USDT and Bitcoin, using hawala networks to move unreported funds.