Biography of Piyush Jain, Income Tax Printed | Piyush Jain Bio

Piyush Jain Who’s Who, Latest News, Income Tax Printed , Piyush Jain Biography Wiki , earnings tax raid ,

Piyush Jain A reputation that has shaken your entire Income Tax Department. Seeing them, nobody can inform that one might be wealthy too.

People belonging to the household say that the situation of Piyush’s household had modified for the reason that final 15 years. The members of the family of Piyush Jain, who as soon as lived in a small one-room home, dwell in Kanpur.

He used to have a Toyota Qualis and a Maruti automotive in his bungalow in Kanpur, Uttar Pradesh to painting the life of a middle-class household.

Only father Mahesh Chandra lives in Kannauj. But the id of the household is from Kannauj solely. That is why he’s referred to as Dhankuber of Kannauj. Piyush Jain is the proprietor of greater than 40 corporations.

Two of these corporations are within the Middle East. Kannauj additionally homes Piyush’s fragrance manufacturing unit, chilly storage and petrol pump. Piyush has its head workplace in Mumbai. Along with this, he additionally has a bungalow there. Piyush Jain does all of the enterprise of fragrance from Mumbai, from right here his fragrance can also be despatched overseas.

Piyush Jain Biography

Name Piyush Jain
Date of Birth yr 1969
Age 52 years
Place of born Chhippatti, Kannauj, Uttar Pradesh
Current Address Anandpuri Colony, Kanpur
Education BSc, MSc
College Chhatrapati Shahu Ji Maharaj University
, Kanpur, Uttar Pradesh
Hometown Chhippatti, Kannauj, Uttar Pradesh
Height 5 toes 6 inches
Weight 68 kg
Eye Color Black
Hair Color Black
Religion Hindu
Citizenship Indian
Profession fragrance enterprise
Marital Status married

Who is Piyush Jain ,

Piyush Jain is a businessman from Kanpur. He does fragrance enterprise. Piyush Jain grew to become a subject of dialogue when the Income Tax Department and the Directorate General of GST Intelligence (DGGI) raided his residence on Thursday, 23 December 2021.

Piyush Jain Birth & Early Life

52 yr outdated Piyush Jain was born in Kanpur within the yr 1969 and did his training at Chhatrapati Shahu Ji Maharaj University.
, Kanpur, Uttar Pradesh and obtained the diploma of B.Sc, M.Sc.

Initially, he began working as a salesman in his father’s cleaning soap enterprise in Mumbai.

Then he began making compounds for soaps and detergents and after a number of years, he tried his hand at making edible compounds for tobacco merchandise. Later, he began his fragrance enterprise and began enterprise in several cities of India.

He has additionally began some corporations within the Middle East. Of his greater than 38 corporations in India, one of his corporations is known as ‘Odochem Industries’, a chemical manufacturing firm in Uttar Pradesh, and his elder brother is the co-founder of the corporate.

Piyush Jain Of Family ( Piyush Jain Family )

Father’s identify Mahesh Chandra
Mother’s identify not identified
Brother’s identify Amrish Jain
Wife’s identify not identified
Children’s Names son Pratyush and Priyansh
Daughter – Neelanasha (pilot)

Why was Piyush Jain’s home raided? ,

He bought into an enormous drawback when his home was raided in December 2021. The entire incident began when 4 vehicles carrying pan masala cartons had been taken into custody in October 2021.

The loaded cartons had been price lakhs of rupees whereas the payments offered by the truck drivers didn’t exceed Rs. 50,000 It was discovered that the payments had been bogus to evade GST deduction.

Later Praveen Jain, proprietor of truck transport firm ‘Ganesh Road Carriers’, was investigated by DGGI, Ahmedabad, Gujarat, after which raids had been carried out at Shikhar Paan Factory.

During investigation, about Rs. One crore was recovered from Praveen Jain’s workplace. When the DGGI workforce investigated Praveen’s brothers-in-law Piyush Jain and Amrish Jain on 23 December 2021, it was discovered that they had been additionally concerned in tax evasion.

Later the investigation workforce raided the bungalow of Piyush Jain in Kanpur, Uttar Pradesh and recovered money price about Rs. 257 crores. After this, the workforce referred to as the officers of the Income Tax Department to proceed the investigation course of.

Income tax raid on Piyush Jain ,

On Friday 24 December 2021, containers stuffed with money had been seized from businessman Piyush’s home. Income Tax officers stated that money price Rs 257 crore has been seized to this point.

GST officers stated that every one the cash was linked to sending the products by way of faux invoices and with none sort of invoice by the products transporter. Fake invoices had been made within the identify of fictitious corporations and companies.

The challans had been of 50-50 thousand rupees. Around 200 such challans had been discovered for which with none GST fee. The officers discovered it in vehicles contained in the product owner’s warehouse. The 4 vehicles are within the custody of GST officers.

Piyush Jain Kanpur Raid: Rs 257 crore present in money ,

On Thursday 23 December 2021, the home of fragrance dealer Piyush Jain was raided by IT officers. Rs 257 crore was seized after a 120-hour search operation. Notes had been in such giant amount that 5 notice counting machines had been delivered to calculate the total money. An enormous quantity of money was additionally discovered locked in papers.

Along with this, large quantity of money, his property paperwork and 25 kg gold and 150 kg silver had been recovered in additional than 30 posh areas of India and Dubai. It took greater than 120 hours to finish your entire raid.

Other properties of Piyush Jain had been additionally raided and an enormous quantity of money was recovered from there. Piyush was arrested by Kanpur Police on 27 December 2021 and stored in Barrack No. 15 below the Corona Protocol of Kanpur Jail.

According to media sources, he couldn’t sleep correctly within the jail and couldn’t even eat correctly.


Who is businessman Piyush Jain?

Piyush Jain hails from Uttar Pradesh. He hails from Anandpuri and hails from Chippatti in Kannauj. Jain is the proprietor of a fragrance manufacturing unit, chilly retailer and petrol pump in Kannauj.

How a lot property of businessman Piyush Jain has been confiscated?

Containers stuffed with money had been seized from Piyush Jain’s home on 24 December 2021. Income Tax officers stated that money price Rs 257 crore has been seized to this point.

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