IT Raids Target MOUs at Fin 10 Summit?

Income Tax Raids Target MOUs at Fin 10 Summit?On one hand, Modi government is totally in embarrassment with CBI scam on the other there is no ceasing of conspiring against AP. This time the target is set at the city of Destiny, Vizag. In the wake of FIN10 summit, to ruin the sentiment of investors coming forward to sign MOUs with the AP government and to literally cease investments coming to AP state, IT sleuths are deployed in the city. From Duwwada IT SEZ the raids began. Will the officials find anything worthwhile? Pretty not. Yet they would want to trouble the small companies in the name of small set backs and to threaten them. The hands behind these IT searches are known and are located in Delhi.

With AP government literally in terms of begging for Titli to provide relief for the victims of Titli cyclone and AP CM had written two letters to the centre seeking help. In spite of not replying to them and worse yet to weaken the state systems, the IT raids have been happening for sometime now in the state.

First, it was Vijayawada, Guntur, then Nellore and now when there is an investment summit going on in the same city, raids began. The raids came soon after Chandrababu Naidu‘s statement of promise to make Vizag as the top 4 IT cities of the world. It is not irony, it seems a serious political conspiracy.

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