Jewellery Chain Joyalukkas Raided At Multiple Places In Chennai

Established in Gulf countries, jewellery major Joyalukkas has a 130-showroom network spread across 11 countries, including Quatar , Oman, Bahrain, India and the UK.

Chennai | Written by | Updated: January 10, 2018 10:40 IST
Jewellery Chain Joyalukkas Raided At Multiple Places In Chennai

Click to Play

Joyalukkas has a 130-showroom network spread across 11 countries.

Chennai:  Several showrooms of jewellery chain Joyalukkas are being raided in Chennai over allegations of tax evasion. Income Tax officials began the searches this morning. 

"The searches are following allegations of tax evasion. We will be able to share more information later," a senior Income Tax officer told NDTV.

Comments
Close [X]
Established in Gulf countries, jewellery major Joyalukkas has a 130-showroom network spread across 11 countries, including Quatar , Oman, Bahrain, India and the UK.

In 2015, John Paul Joy Alukkas, the 29-year-old executive director of Joyalukkas group and son of its chairman Joy Alukkas was ranked 8th wealthiest on the Wealth-X list of millennials -- defined as those born from 1981 to 1997, as per the global wealth intelligence and prospecting company.