Bengaluru: India is witnessing massive raids by the Income Tax Department post note ban decision by the government in order to arrest fake and black money holders. A lot of both old and new notes have been recuperated in these assaults from Bengaluru, Panjim and Faridabad other than the national capital.

Rs 2.25 crores has been seized in Bengaluru by the IT Department in new currency, while Rs. 68 lakh has been seized in Panjim.In Faridabad, four were captured with new cash of over Rs. 25 lakh in the new Rs. 2000 notes.Meanwhile, in Delhi, yet another strike was done at a hotel in Karol Bagh taking after which the enormous measure of Rs. 3. 25 crores was recuperated in old notes.Upon cross examination it was found that the cash has a place with some Bombay based hawala administrators, who have contracted bundling pros who pack these notes in such a way, to the point that it was even imperceptible via airplane terminal checking machines.

These specialists in bundling utilize a specific kind of tape and wires which goes through X-beam additionally without being detected.The IT Department has grabbed the money and is breaking down the versatile points of interest which supposedly contain subtle elements of parcel of other hawala operators.This late assault comes in the wake of yet another attack completed in the national capital, where in a joint strike led by the Income Tax Department and the Delhi Police, Rs. 10 crores was recuperated from a law office in Greater Kailash region.

Following up on a tip-off, the police recuperated Rs. 2.5 crore in new money notes and the adjust Rs.7.5 crores in old coin notes from the T&T law office claimed by Rohit Tondon late on Saturday night.Following the huge assaults on the premises of three Chennai-based agents, the Income Tax Department last Saturday affirmed seizing Rs 24 crores in new cash notes in Vellore, Tamil Nadu.

Amid an examination, the IT division discovered that some trade was hung out an auto in Vellore, whereupon it was found that all coin was as Rs 2,000 notes in 12 boxes of Rs 2 crore each.Upon cross examination of those confined in Chennai, a leap forward was made in the recuperation of this money wherein the IT sleuths laid a trap for the individual transporting Rs 24 crores in Vellore and consequently grabbed the cash.

Cross examination is as of now in progress of the individuals who were confined in Chennai which could prompt to encourage recoveries.Following demonetisation, the Enforcement Directorate (ED) had completed huge strikes in 50 branches of 10 banks the country over trying to keep a tab on those record holders, who kept colossal sums at one time.