Income Tax Department
Leader Online Desk: Income Tax Department has done a great job during this year's Lok Sabha elections. Meanwhile, a record amount of cash and jewelery worth Rs 1100 crore has been seized. This amount is 182 percent more than the 2019 Lok Sabha elections. The news in this regard has been given by ANI.
According to the Income Tax Department, the department has seized approximately Rs 1,100 crore worth of cash and jewelery by the end of Thursday, May 30 in the wake of the Lok Sabha. Which is an increase of 182 percent compared to Rs 390 crore seized in the 2019 Lok Sabha elections (Income Tax Department).
The Income Tax Department has seized a record Rs 1100 crore in cash and jewelery during the ongoing Lok Sabha elections, marking a 182% increase compared to the Rs 390 crore seized during the 2019 elections: Sources to ANI
— ANI (@ANI) May 31, 2024
The Model Code of Conduct (MCC) came into effect on March 16, the day the Election Commission of India announced the dates for the Lok Sabha elections. Since then, the Income Tax Department has been keeping an eye on unaccounted cash and valuables that could potentially influence voters. According to sources, Delhi and Karnataka topped the list of most seizures, with over Rs 200 crore of cash and jewelery seized in each state (Income Tax Department).