Breaking news:
PM Modi Emphasizes Harmony in Eid Greetings, Rahul Gandhi Calls for Peace | Four Chinese Men Detained After Fleeing Bangkok Collapse Site With Documents | PM Modi Makes First Visit to RSS Headquarters Since Taking Office | Trump Says He’s Seriously Considering a Third Term
Logo

Sukesh Chandrasekhar Declares Rs 22,410 Crore Income, Willing to Pay Rs. 7,640 Crore Tax

Sukesh Chandrasekhar, currently in Tihar Jail, has declared a substantial overseas income and expressed his readiness to settle pending tax dues 

12-01-2025
image
   

Conman Sukesh Chandrasekhar, currently imprisoned in Delhi's Tihar Jail in connection with a 2015 multi-crore fraud case, has written to Finance Minister Nirmala Sitharaman to declare his overseas income of ₹22,410 crore for the fiscal year 2024-2025.

In the letter, sent through his lawyer, Chandrasekhar expressed his willingness to pay ₹7,640 crore in taxes in compliance with India’s taxation system. He also shared details about his international business ventures, including LS Holdings International, registered in Nevada, USA, and Speed Gaming Corporation, registered in the British Virgin Islands. These companies, engaged in online and offline gaming and betting, have reportedly achieved a turnover of USD 2.7 billion in 2024, according to Chandrasekhar.

He further claimed that his businesses are active in various countries including the US, Spain, the UK, Dubai, and Hong Kong. Chandrasekhar also stated his intention to resolve any pending income tax recovery proceedings and appeals in India.

However, India Today could not independently verify the authenticity of his declared assets.

Chandrasekhar is facing serious charges, including masterminding a massive extortion racket that allegedly defrauded wealthy individuals, including politicians and business figures. He is the primary accused in a ₹200 crore money laundering case being investigated by the Enforcement Directorate (ED). Additionally, he faces charges from Delhi Police’s Economic Offence Wing and other law enforcement agencies.

One of the key cases against him involves allegations of defrauding Aditi Singh and Japna Singh, the wives of former Ranbaxy promoters Shivinder Singh and Malvinder Singh, of ₹200 crore. Chandrasekhar and his wife, Leena Maria Paul, are both involved in ongoing proceedings related to this case.

Chandrasekhar's personal life has also garnered attention, particularly rumors of a romantic relationship with Bollywood actress Jacqueline Fernandez. However, Fernandez has denied these rumors.

Image

Sunita Williams Shares Stunning View of India from Space, Praises Its Space A

NASA astronaut Sunita Williams described the breathtaking sight of India from space and expressed ex

Read More
Image

Woman Rescued from Rubble Three Days After Myanmar Quake as Death Toll Approa

A woman was pulled alive from a collapsed hotel in Myanmar, offering hope as rescuers race to find s

Read More
Image

Myanmar Earthquake Toll Rises to 1,700 as Rescuers Scramble for Survivors

A powerful 7.7-magnitude earthquake has left Myanmar devastated, with over 1,700 dead and thousands

Read More