May 18, 2026 03:36 pm (IST)
IT officials raid Gokulam Chit Fund branches in Tamil Nadu and other southern states
New Delhi, Apr 19 (IBNS): The Income Tax department on Wednesday conducted raids in about 80 locations spread across Tamil Nadu, Karnataka and Kerala in an alleged tax evasion case, according to media reports.
The raids were conducted at the branches of Sree Gokulam Chit Fund and Finance Private Company, which is owned by Chennai-based businessman Gokulam Gopalan.
The IT officials also raided Gopalan's home in Kochi, media reports said.
More details awaited.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
‘Learn more about India’: New Delhi rejects Dutch PM's concerns on press freedom, minority rights
Mon, May 18 2026
Big relief signal for Umar Khalid, Sharjeel Imam? Supreme Court questions earlier bail denial
Mon, May 18 2026
Left era ends in Kerala! V.D. Satheesan takes oath as CM after UDF’s massive comeback
Mon, May 18 2026
Rabindranath Tagore legacy steals the show as Modi, Sweden PM exchange rare historic gifts
Mon, May 18 2026
Drone strike near UAE nuclear plant sparks panic—India calls it a ‘dangerous escalation'
Mon, May 18 2026
Bhojshala sanctum: Saraswati idol installed following HC order, poster outside bans entry of non-Hindus
Mon, May 18 2026
Game-changer in Gothenburg: Modi, Kristersson upgrade India–Sweden relations to Strategic Partnership
Sun, May 17 2026
Another global milestone: PM Modi gets Sweden’s prestigious Commander Grand Cross Honour
Sun, May 17 2026
