DELHI – The Income Tax department of India recovered a huge cache of currency notes from a cupboard during a raid at a well-known pharmaceutical firm, which had launched remdesivir for treatment of Covid-19 patients last year, in Hyderabad.
The tax officials also found currency notes stuffed in carton boxes labelled as medicines during the raid. The amount recovered from the cupboard is reportedly 1420 million rupees while the total unaccounted money is 5500 million rupees.
The picture of the cupboard full of currency notes has gone viral on social.
The government department has not revealed the name of the pharmaceutical firm but reports say the same firm had launched a generic version of a remdesivir for treatment of coronavirus patients last year.
A Twitter user tweeted the image and joked saying, “This was revealed by the Income Tax Department’s raid on a pharmaceutical company in Hyderabad. Seeing this, I think they must have kept clothes in the locker.”
IT raid on a Pharma company in Hyderabad revealed this. I am assuming they have kept clothes in the locker pic.twitter.com/k15SnYdwNB
— Gabbar (@GabbbarSingh) October 10, 2021
Pakistani currency registers marginal gains against US dollar in open market on March 27, 2024, Wednesday.
In the open market, the US dollar was being quoted at 278.50 for buying and 281.25 for selling.
Euro was quoted at 299.75 for buying and 302.75 for selling while British Pound moved up to 353.75 for buying, and 357.25 for selling.
UAE Dirham AED saw minor tweaks, and new rate stands at 75.55 whereas the Saudi Riyal saw minor drop, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.50 | 281.25 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.3 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724/36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.75 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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