Tuesday, July 16, 2024
    HomeTelangana"40 crores refunded due to counterfeit diseases"

    “40 crores refunded due to counterfeit diseases”

    Related stories

    Telangana government to appoint new judge for power commission following SC order

    In a recent hearing, Chief Justice Chandrachud commented on...

    Bhatti ensures Rythu Bharosa program will be foolproof

    Deputy Chief Minister Mallu Bhatti Vikramarka announced that a...

    Apprenticeship Job Fair scheduled for July 19th

    The Apprenticeship Job Mela-2024 is scheduled to take place...

    DC stresses that environment protection is a responsibility for everyone

    District Collector Kumar Deepak highlighted the importance of environmental...

    Software engineers in the IT sector have been found to be involved in fraudulent activities in Vijayawada and Hyderabad.

    In Hyderabad, some software professionals who have migrated from Vijayawada have been claiming refunds with false names and long-term health issues, resulting in approximately 40 crore rupees being misappropriated. Among them, it has been identified that 15 tax consultants, several railway employees, and police department employees played a significant role.

    - Advertisement -

    Similarly, in Hyderabad and Vijayawada, authorities have registered cases against some IT companies that have been involved in fraudulent practices. These scams have resulted in a refund scam amounting to 40 crores. It is suspected that the refund scam has caused heavy losses. It has also been identified that tax consultants and agents have collected commissions on the total amount claimed in bogus refund claims.

    Also read:  Continuing success amid shifting political landscape

    Companies involved in fraudulent activities have been served notices and individuals have been identified. Authorities, including consultants, government officials, and those responsible for identifying employees, are deeply involved in the investigation. Similar fraudulent activities were also identified by the IT department in 2017.

    - Advertisement -

    Follow us


    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories


    Please enter your comment!
    Please enter your name here