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₹ 150 Crore (And Counting) Found At UP Businessman’s Home In Tax Raid

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₹ 150 Crore (And Counting) Found At UP Businessman’s Home In Tax Raid

Vivek Johri, chairman of the Central Indirect Tax and Customs Commission (CBIC), told the news agency that a tax raid on premises associated with Piyush Jain, a Kanpur businessman in the perfume industry, has recovered more than 1.5 billion rupees in cash on Friday’s ANI.
“This is the largest recovery in CBIC history. No one has been arrested so far,” he said.

Photos from the raid showed two large closets filled with two piles of cash. These packages are wrapped in paper sleeves and secured with yellow tape. In each photo, you can see more than 30 such bundles.

Another photo shows officials from the CBIC, IT department and the Goods and Services Tax (GST) intelligence department squatting on a floral cloth in the center of the room, surrounded by more cash and three money counters. The raids on locations in Uttar Pradesh, Gujarat and Mumbai began on Thursday (and lasted until Friday) at a factory owned by M/s Trimurti Fragrances, which produces Shikhar brand pan masala and other flavored tobacco products-located Kanpur of the UP.

A raid was also carried out on the offices and warehouses owned by the transporter M/s Ganpati Road Carriers in Kanpur, after which the operation was transferred to the premises of Piyush Jain. “According to intelligence input, Odochem Industries, which supplies fragrance compounds in the residential premises of M/s partners… was also searched,” the goods and services tax department’s statement said.

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“During the search process in the residential area, a large amount of cash wrapped in paper was found. With the help of officials from the National Bank of India (Kanpur), the cash counting process has been initiated and the process may continue until December 24 (evening night). )…” the statement said.

“Total cash is expected to exceed 1.5 billion rupees,” it further stated.

The goods and services tax official stated that the money was related to the shipment of goods without electronic waybills through forged invoices by freight forwarders. These fake invoices were created in the name of a fictitious company.

These invoices were each worth 50,000 rupees, and more than 200 such invoices were found in four trucks in the traders’ warehouse-no goods and services tax was paid.

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Train smarter, not harder: How taking occasional breaks from gym can revolutionise your fitness routine

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Train smarter, not harder: How taking occasional breaks from gym can revolutionise your fitness routine

Taking regular breaks from intense training, like deload weeks, helps your body recover, preventing fatigue and injury, and ultimately boosts fitness gains.

When it comes to getting fit, the idea of spending hours at the gym might come to mind, but many fitness experts argue that taking a “deload week” every six to eight weeks is actually key to improving your fitness gains. A deload week involves reducing the intensity of workouts to allow the body to recover from the fatigue and muscle damage caused by intense training.

While high-intensity training helps build strength and fitness, it can also lead to muscle strain, and without adequate recovery, these gains can’t fully materialise. Deload weeks give the body much-needed rest to repair and rebuild, ensuring continued progress. (Also read: Bhagyashree swears by this super easy exercise for instant leg pain relief and better mobility. Watch how to do it )

Why recovery is key for muscle growth

According to an article by The Conversation, intense exercise can cause tiny tears in muscle fibres, leading to inflammation that requires rest or low-intensity exercise to heal. This inflammation is essential for muscle growth and fitness improvements. However, without proper recovery, muscles remain in a state of slight damage, preventing inflammation from resolving. This chronic state of inflammation can hinder muscle function, reducing oxygen efficiency and impairing performance. Giving muscles time to recover through rest ensures they repair properly and are primed for continued progress, setting us up for greater success in our fitness journey.

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Many gymgoers fear taking time off and are worried it will lead to a loss of gains. However, research shows that muscle genes have a “memory imprint,” which keeps them in a semi-prepared state. This allows muscles to respond more quickly and effectively to future training, promoting growth after a rest period. Even after extended periods of reduced intensity, up to seven weeks, muscular fitness can be restored to prime condition—and in some cases, surpass previous levels. Interestingly, recovery can occur twice as fast as it took to reach peak fitness initially, even if some strength is lost.

Taking time off from intense training is crucial to prevent muscle soreness and avoid overtraining syndrome. Overtraining occurs when the body doesn’t get enough rest, leading to prolonged fatigue, decreased performance, and mood disturbances. Symptoms develop gradually, making overtraining difficult to recognize until it’s severe. Rest is essential to avoid these issues and ensure long-term progress in training.

Role of overtraining syndrome and deload weeks

Overtraining syndrome is challenging to quantify due to its vague symptoms. Studies suggest it may affect as few as 10% of elite athletes, though rates could climb to 60% among highly competitive individuals. Recovery is essential for both fitness and overall health. When engaging in heavy gym routines, it’s vital to incorporate sufficient recovery time into your workout plan. Unlike rest days, which involve little to no exercise once or twice a week, deload weeks feature lighter training at reduced intensity—typically about 50% fewer workouts or a 20% drop in workout intensity.

Both rest days and deload weeks are essential for recovery and crucial to improving fitness. It’s not about choosing one over the other—they complement each other. For instance, intense training for marathons, Ironman, or CrossFit competitions requires weekly rest days alongside scheduled deload weeks. However, for recreational gym-goers exercising 1–3 times weekly at a moderate intensity, the recovery from this routine is often sufficient without the need for additional deload weeks.

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Fitness influencers recommend incorporating deload weeks into training schedules every 4–8 weeks, aligning closely with the expert advice of 4–6 weeks. However, it’s crucial to listen to your body and schedule deload weeks as needed. If your performance plateaus or worsens, it may signal time for a deload. Training plans should be flexible enough to allow rest when required. Deload weeks not only enhance performance but also support overall health.

Disclaimer: This article is for informational purposes only and not a substitute for professional medical advice. Always seek the advice of your doctor with any questions about a medical condition.

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