Raid on Dainik Bhaskar exposed tax evasion on the income of Rs 700 crore: Income Tax Department
- The Income Tax Department has been doing raids on the Dainik Bhaskar Group.
- The department said that the evidence of tax evasion on income of Rs 700 crore.
- It said that the violation of stock market rules and misappropriation of profit from listed companies has been found.
- The figure of tax evasion on income may also increase, as the investigation is still on.
- The Income Tax Department recently raided the offices of Dainik Bhaskar Group, after which the government had to face criticism.
