The Income Tax Department’s Benami Prohibition Unit in Hyderabad has taken action by attaching Rs 22.4 crore under the Benami Transactions Act as part of a crackdown on election-related hawala transactions in Telangana. This move comes after the seizure of unclaimed cash during election monitoring activities. Among the significant amounts seized are Rs 5 crore in Gachibowli and Rs 3.3 crore in Bachupally. The department’s efforts aim to curb illegal financial activities during elections. The crackdown on hawala transactions is a part of the government’s ongoing efforts to ensure transparency and integrity in the electoral process. This development underscores the authorities’ commitment to combating financial malpractices and enforcing strict adherence to the law. Stay updated for more details on this evolving story.

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IT Dept seizes Rs 22.4 crore under Benami Act in election hawala crackdown in Telangana: Key details
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