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What is the Harshad Mehta tax scam?

On June 4, 1992, the CBI carried out a search on the Mehtas. Subsequently, the tax return filed by Harshad Mehta for the assessment year 1992-93 was rejected. Mehta was imprisoned in 1992. 8. The Reserve Bank of India formed Janakiraman Committee in 1992 to provide a comprehensive picture of the scam.

What is Harshad Mehta story?

Set in early 90's Bombay, Scam 1992: The Harshad Mehta Story captures the meteoric rise and fall of Harshad Mehta- the flamboyant big bull of the stock market. When feisty financial journalist Sucheta Dalal exposed him as the man behind India's biggest financial scam of the time, it shook the nation. Plot Summary | Add Synopsis

What happened to Harshad in scam 1992?

Harshad's term in jail was unique in so many ways. From months in jail and endless court proceedings to the torture meted out to him by the CBI, he spoke about it all to Nandy. The Sony Liv series Scam 1992 gave us a glimpse of how common people considered Harshad their hero. He not only gave them employment, but also helped them whenever needed.

How long did it take Harshad Mehta to get out of jail?

Part 3: Where Harshad Mehta talked about how it felt to be out of jail after 111 days and becoming a public villain from a hero.


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