Piyush Jain Biography, Kanpur Raid, Family, Net Worth & More

In today’s time, Piyush Jain of Kanpur is dominated in TV news and newspaper, so today we will know who is Piyush Jain and Piyush Jain’s biography. Today we are going to tell you about Piyush Jain Biography, Wiki, Age, Kanpur Raid, Net Worth & more.

Piyush Jain Biography

Piyush Jain is a common man just like us and his neighbors have also told us that he used to commute by scooter. He was leading a normal life a few days ago. But a few days ago, a 130-hour raid on his bungalow for Perfume business outside Kanpur was conducted by Income Tax officials and arrested by a joint team of Directorate General of GST Intelligence.

Physical Status

Piyush Jain Family

He has three children, in which a daughter Nilansha who is married and a pilot, and has two sons Pratyush and Priyansh, Piyush Jain was in Delhi for the treatment of his father during the Income Tax raids, on the call of the department, he Reached Kanpur from Delhi.

Piyush Jain Career

Piyush’s grandfather Phool Chand Jain was in the business of making clothes, he also has a brother whose name is Ambareesh. Both Piyush and Ambareesh have obtained master’s degrees in Chemistry from Kanpur University. But about the beginning of the business, Piyush Jain used to work as a salesman in a company in Mumbai.Being an expert in chemistry, he started the work of making soap detergent, from there he started the work of making compost compound for gutka, tobacco products, then went into business again to expand his business. For this, he moved from Kannauj to Kanpur. Then got into the perfume business, he moved from Kannauj to Kanpur to expand his business.

Income Tax Raid In Piyush Bunglaw

On Friday 24 December 2021, containers filled with cash were seized from businessman Piyush’s house. Income Tax officials said that cash worth Rs 257 crore has been seized so far.GST officials said that all the money was linked to the sending of goods through fake invoices and without any kind of bill by the transporter of the goods. Fake invoices were made in the name of fictitious companies and firms.The challans were 50-50 thousand rupees. Around 200 such challans were found for which without any GST payment. The officials found it in trucks inside the merchant’s warehouse. The four trucks are in the custody of GST officials.On Thursday 23 December 2021, the house of perfume trader Piyush Jain was raided by IT officials. Rs 300 crore was seized after a 120-hour search operation. The notes were in such abundance that 5 note counting machines were brought in to calculate the full cash. A huge amount of cash was also found locked in papers.Read Also – Sourav Joshi BiographyRead Also – Amit Shah BiographyAlong with this, a huge amount of cash, his property documents, and 25 kg gold and 150 kg silver were recovered in more than 30 posh areas of India and Dubai. It took more than 120 hours to complete the entire raid.Other properties of Piyush Jain were also raided and a huge amount of cash was recovered from there. Piyush was arrested by Kanpur Police on 27 December 2021 and kept in Barrack No. 15 under the Corona Protocol of Kanpur Jail.According to media sources, he could not sleep properly in jail and could not even eat properly.

Piyush Jain Net Worth

Reference – Piyush Jain

Piyush Jain Kanpur Raid