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New notes worth Rs 6 crore, 7kg gold haul in Bengaluru tax raids

<p>In surprise raids in Karnataka, Income Tax officials found and seized a whopping Rs 6 crore in cash and 7kg gold from the residences of two state government engineers and two contractors in the city, said an official on Thursday</p>

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Bengaluru: In surprise raids in Karnataka, Income Tax officials found and seized a whopping Rs 6 crore in cash and 7kg gold from the residences of two state government engineers and two contractors in the city, said an official on Thursday.

"Of the Rs.6 crore cash haul, Rs.4.7 crore were the Rs 2,000 new notes, Rs 30 lakh in the old Rs 500 notes and Rs 1 crore in lower denominations such as Rs 100 and Rs 50," said Alex Mathew, Income Tax Officer of Karnataka in a statement in Bengaluru.

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