Live
- Disenfranchisement of Muslims remark: K’taka Police summons seer for questioning on Dec 2
- Slovenia records highest unemployment rate in over 3 years
- How Indian Brands Are Driving the Net-Zero Mission on International ESG Day
- Centre okays Rs 4,969 crore package for fisheries sector
- New AI tool helps detect Alzheimer’s linked behaviours early
- IIT Bombay, DGH to foster R&D in decarbonising petroleum sector
- Office rentals rising steadily in top 10 Indian cities, Pune leads: Report
- Four killed as car over turnes
- Bank Holidays in December 2024: Banks in Telangana to be closed for 8 days
- Govt doubles down on addressing kids’ addiction to online games
IT raid on Peram’s house continues for second day
The Income Tax IT sleuths continued raid on the residence of TDP leader and realtor Peram Haribabu here for the second day on Wednesday The IT personnel searched the house of Haribabu in Vidyanagar Colony on the outskirts of city on Tuesday
Tirupati: The Income Tax (IT) sleuths continued raid on the residence of TDP leader and realtor Peram Haribabu here for the second day on Wednesday. The IT personnel searched the house of Haribabu in Vidyanagar Colony on the outskirts of city on Tuesday.
Though Haribabu is not holding any position in the party, he is close to TDP leaders in the district, the home turf of Chief Minister N Chandrababu Naidu and his Peram Group of Companies engaged in real estate business and has offices in Hyderabad and Visakhapatnam.
Sources said that the raid is the follow up of the IT raids in Visakhapatnam and Hyderabad where many industrialists and entrepreneurs came under the scanner of the IT Department. Unconfirmed sources said that Haribabu and one of his close relatives, who is also a TDP leader, who were present during the raid were questioned by the IT sleuths.
It may be recalled that Ministers N Amaranatha Reddy and K Achannaidu have sharply reacted to the raid on Haribabu’s residence and alleged that the IT Department is targeting the TDP supporters and sympathisers.
