Rs 1000-cr assets linked to Ajit Pawar siezed

November 02, 2021 12:34

Assets worth over Rs 1,000 crore have been seized by the Income Tax Department in raids allegedly linked to Maharashtra Deputy Chief Minister Ajit Pawar.

Five properties, including Nirmal Tower at Nariman Point in Mumbai, have been seized. A sugar factory and a resort have also been seized.

Ajit Pawar and (his) family are the "beneficiaries of the above Benami properties," the Income Tax Department said, invoking the Anti-Benami Act and alleging that the properties were not bought illegally.

Last month, tax searches were conducted at the houses and firms owned by Pawar's sisters. Responding to the searches and raids, Mr Pawar had insisted that "all the entities" linked to him have regularly paid taxes.

« Back to LIVE

TOP STORIES

Former PM Dr Manmohan Singh passes away at 92

Former Indian Prime Minister Manmohan Singh passed away on Thursday night at the age of 92. He was brought to the emergency department of AIIMS Delhi in critical condition after "sudden loss of consciousness."

4th Test Updates: India eye early wickets on Day 2

Manmohan Singh dropped pre-medical course: Book

Former Indian Prime Minister Manmohan Singh, who died at the age of 92, dropped out of a pre-medical course after losing interest in the subject, according to a book by his daughter. Daman Singh's book "Strictly Personal: Manmohan and...

Steady progress in implementing LAC pact: China

He said that in recent times, based on the important consensus reached by the leaders of the two countries, China and India have maintained close communication on the border situation through diplomatic and military channels and achieved...

BJP got Rs 2,600cr donations in 2023-24, Cong Rs 281cr

During 2023-24, while the BJP received over Rs 723 crore worth of donations from Prudent Electoral Trust, it also got over Rs 127 crore from Triumph Electoral Trust and over Rs 17 lakh from Einzigartig Electoral Trust.