Indian tax authorities seize $30 million in cash ahead of state elections


FILE PHOTO: An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013. REUTERS/Adnan Abidi/File Photo

NEW DELHI (Reuters) - Indian tax officials have seized more than $30 million in cash and gold in raids on suspected tax evaders this week including a record haul of 1.94 billion rupees ($26 million) and 23 kg of gold ahead of assembly elections in five states.

The raids triggered a flurry of accusations from rival political parties over protection for tax evaders as they prepare to compete in the elections, including in the bellwether state of Uttar Pradesh.

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