Business

Income Tax Department Raids Mumbai Offices of Edelweiss Group

The Income Tax Department team has raided the offices of Investment and Financial Services Company Edelweiss Group in Mumbai.

According to sources, a Mumbai Income Tax Department team is currently present at the offices of Edelweiss Group. As per the information, the action of the team is going on since morning today.

So far the entire information has not been revealed about the documents which have been recovered in the raid by the Income Tax Department team and for how long this raid will continue.

The IT Department Mumbai team is leading the search and investigation. So far, complete information has not come into light as to what documents were seized by the Income Tax Department team in the raid and how long this raid is going to last. At the same time, no official statement has been issued so far by the firm as well.

Read this also:  SEBI to Probe Adani Fallout After Supreme Court Direction

The Edelweiss was founded in 1995 by Rashesh Shah and Venkat Ramaswamy.

Parijat Tripathi

Recent Posts

PM Modi, Yogi Adityanath Extend Navratri Wishes; Highlight Devotion To Maa Durga

On Thursday, PM Modi extended his greetings on the fifth day of Chaitra Navratri, wishing…

45 mins ago

Delhi High Court Orders MCD To Investigate Encroachment On School Land In Wazirpur

The Delhi High Court has directed the Delhi MCD to investigate whether there is any…

48 mins ago

Waqf Amendment Bill 2025: Ensuring Transparency And Securing Property Rights

BJP leader Khem Chand Sharma has expressed strong support for the Waqf Amendment Bill 2025,…

1 hour ago

PM Modi Arrives In Bangkok For 6th BIMSTEC Summit; Indian Diaspora Extends Warm Welcome

On Thursday, Prime Minister Narendra Modi reached Bangkok to participate in the 6th BIMSTEC Summit.

1 hour ago

Waqf (Amendment) Bill To Be Tabled In Rajya Sabha After Lok Sabha Approval

The Waqf (Amendment) Bill which cleared the Lok Sabha, is set to be introduced in…

1 hour ago

Lok Sabha Passes Waqf (Amendment) Bill After Intense Debate

The Lok Sabha approved the Waqf (Amendment) Bill in the early hours of Thursday following…

2 hours ago