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    Exclusive | Tax Dept Probes 394 'Paper' Firms Over Rs 1.29 Lakh Crore Foreign Remittances

    1 day ago

    The probe comes after data showed 6,422 entities remitted Rs 1.29 lakh crore abroad in Q2 FY26. A significant 72.3% of the total outflow went to five jurisdictions—Singapore, UAE, Hong Kong, Mauritius and China.
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