Income Tax Raids Target Prominent Telugu Film Producers in Hyderabad
Authorities investigate suspected tax evasion at the homes and offices of producers linked to recent blockbuster films.
- The Income Tax Department conducted raids at eight locations in Hyderabad, including the homes and offices of producers Dil Raju, Naveen Yerneni, and Ravi Shankar.
- The raids are reportedly linked to allegations of tax evasion, though official statements from the IT department are still pending.
- Dil Raju, chairman of the Telangana Film Development Corporation, and the other producers are known for major Telugu films such as 'Pushpa 2: The Rule' and 'Game Changer'.
- 'Pushpa 2: The Rule,' released in December 2024, has been a massive box office success, while 'Game Changer,' released in January 2025, underperformed despite a large budget.
- The searches extended to properties in prominent Hyderabad areas like Jubilee Hills and Banjara Hills, as well as an online portal.