In a significant development during the ongoing Lok Sabha elections, the Income Tax Department has seized a record ₹1,100 crore in cash and jewelry. This marks an unprecedented 182% increase compared to the ₹390 crore seized during the 2019 general elections.
According to official sources, the substantial rise in the seizure amounts reflects the intensified efforts and vigilance by the authorities to curb illicit financial activities during the electoral process. The record seizure highlights the commitment of the Income Tax Department to ensuring transparency and integrity in the election process.
This massive haul underscores the ongoing challenges in combating unaccounted money and its influence on the electoral process. The authorities continue to monitor and act against any financial irregularities to uphold the democratic process’s sanctity.
The Income Tax Department’s proactive measures are a part of broader efforts to maintain fair elections and prevent the misuse of unaccounted funds in influencing voter behavior. The increased seizures this election cycle serve as a reminder of the ongoing need for strict enforcement and vigilance to ensure a free and fair electoral process.
