Hero MotoCorp income tax raid: ID raid at the residence of Hero MotoCorp Chairman Pawan Munjal

Income tax team’s search campaign is going on in Gurgaon since morning, team is looking at documents in both home and office

breaking news.

Pawan Munjal, chairman of Hero MotoCorp, listed in the stock market and the giant of the two-wheeler segment, has an income tax raid. According to media reports, the Income Tax Department team is running a search operation at his Gurgaon office and home. Hero Motocorp is the world’s largest two-wheeler manufacturing company. This company does its business in more than 40 countries. Hero Motocorp is also present in countries like Asia, Africa, America. You can know from some figures how much Hero MotoCorp has in the Indian two-wheeler segment. Hero MotoCorp has 50 percent of all two wheelers sold in India.

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