₹7 crore seized during raids on Jay Bharat Maruti Group

The Income Tax Department has seized ₹7 crore and 3 kilograms of gold and silver jewellery during raids conducted on the premises of leading auto parts manufacturing company Jay Bharat Maruti (JBM) Group. The I-T department has been conducting searches since Thursday on around 50 locations across Delhi-NCR, linked to the JBM group.