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I-T Dept seizes Rs 62 cr from hawala agents

The Income Tax Department has seized Rs 62 crore in cash as part of its multi-city tax evasion operation against hawala/entry operators, official sources said on Wednesday. The seizure is linked to the searches launched by the department on 42 premises in Delhi-NCR, Haryana, Punjab, Uttarakhand and Goa on Monday. The cash, in crisp Rs 2,000 and Rs 500 notes, was found stashed in almirahs and furniture.