Page 7 - Micro Labs News Today

The Income Tax Department raids a pharmaceutical group, Micro Labs. Department said that the search and seizure operations were carried out against a major Bengaluru-based pharmaceutical group, Micro Labs. Dolo650 was the high demanding medicine of this company during Covid.

The Central Bureau of Direct Taxes (CBDT) has accused Micro Labs Ltd, the makers of the famous Dolo-650 medicine tablet, of indulging in “unethical practices”

The Income Tax Department on Wednesday said it has recently carried out search and seizure operations against a major Bengaluru-based pharmaceutical group, Micro Labs whose medicine Dolo650 was in high demand during the Covid waves.The group ...

The Central Bureau of Direct Taxes (CBDT) has accused the makers of the famous Dolo-650 medicine tablet of indulging in “unethical practices” and distributing freebies of about Rs 1,000 crore to doctors and medical professionals in exchange for promoting its products.

The claims came after the Income Tax department had on July 6 raided 36 premises of Bengaluru-based Micro Labs Ltd. across nine states.

The CBDT on Wednesday accused the makers of the widely-known Dolo-650 medicine tablet of indulging in "unethical practices" and distributing freebies of about Rs 1,000 crore to doctors and medical professionals.

Raid conducted across 40 locations in India

The Income Tax Department conducted raids on the office of popular drug Dolo-650 manufacturer Micro Labs Limited located here on Wednesday.

The Income Tax Department conducted raids on the office of popular drug Dolo-650 manufacturer Micro Labs Limited located here on Wednesday.

Bengaluru: The Income Tax department conducted raids on the office of widely popular drug Dolo-650 manufacturer Micro Labs Ltd on Race Course Road in Madhavanagar on Wednesday. A team of more than 20 I-T officials conducted searches at the premises of Micro Labs Ltd located on the charges of alleged tax evasion. According to sources, the simultaneousI-T raids were conducted in