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Revision as of 19:07, 16 May 2026
The term "Raid in Indian Taxes Law" is incredulous and any unexpected encounter with IT sleuths generally leads to chaos and vacuity. If you would experience such action it is much better to familiarise with the subject, so that, the situation could be faced with confidence and serenity. Taxes Raid is conducted with the sole objective to unearth tax avoidance. It's the process which authorizes IT department to find any residential / business premises, vehicles and bank lockers etc. and seize the accounts, stocks and valuables.
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Other program outlays have decreased from 64.5 billion in 2001 to twenty three.3 billion in 2010. Obviously, this outlay provides no opportunity for saving with the budget.
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