Why Should India Focus on Collection of Taxes?

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Madhu Kodas of India

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I-T raid at IAS couple home yields Rs 3 crore in cash

CNN-IBN BIG CATCH: House of senior IAS officer Arvind Joshi was raided on Thursday night. Bhopal: Over Rs 3 crore in cash have been recovered from an IAS couple in Bhopal following raids by the Income Tax Department officials at their residence on Thursday night. Officials also seized details of bank deposits worth Rs 2.25 crore from the house of Arvind Joshi, a senior IAS officer and his wife Tinu Joshi, who is the secretary of Woman and Child Welfare Development in the Madhya Pradesh government. "Stacks of banknotes were recovered in a suitcase. The action comes on the basis of documents found during a similar exercise in 2009 of heavy investments made in an insurance company by these officials," said Director General of Investigations (I-T) for Madhya Pradesh and Chhattisgarh, Brajesh Gupta. Sources say Joshi confessed all the money is from unaccounted sources . There were also simultaneous raids at the houses of retired Bhopal Municipal Corporation commissioner MA Kha...
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Delhi court reserves order on CBI plea to acquit Quattrocchi

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