Table of Contents
Introduction:
An Indian businessman named Piyush Jain made news in December 2021 for tax evasion. During the operation, which was carried out by the Directorate General of GST Intelligence (DGGI), Ahmedabad, and the Income Tax Department, more over Rs. 257 crores were found in his home.
Today we will be discussing the Piyush Jain wiki so that there will be an understanding of the Piyush Jain family, Piyush Jain age, Piyush Jain net worth, dating, profession, etc in a nutshell.
Who is Piyush Jain?
Indian businessman Piyush Jain (born between 1969 and 1971; age: 50 and 52) is a wealthy individual. Not just in India, but all around the world, he is renowned for operating a multimillion dollar enterprise. He is most recognised for his investments in several well-known firms and corporations.
Prior until today, he was the sole name in the media, and nobody knew how much money he made or what kind of business he was running. However, on December 23, all Indian media outlets solely aired news about Piyush. According to recent reports on Piyush, he was accused of participating in a number of criminal activities.
In this article, let’s talk about many details about Piyush Jain wiki, biography, Piyush Jain family, Piyush Jain net worth, Piyush Jain age, height, relationship, etc.
Piyush Jain Wiki:
| Name | Piyush Jain |
| Nick Name | Piyush |
| Birth | 1969-1971 |
| Birthplace | Kanpur |
| Gender | Male |
| Profession | Business |
| Nationality | Indian |
| Age | 50-52 years (as of 2023) |
| Zodiac Sign | Not Known |
| Religion | Jainism |
| Caste | Jain |
| Education (School) | School – Local High School, Kanpur |
| Graduation | College – Not Known |
| Parents | Father – Mr. Jain Mother – Mrs. Jain |
| Siblings | Sister – Unknown Brother – Unknown |
| Height | 176 cm |
| Weight | 78 kg |
| Partners | Ex – None Current – None |
| Marital Status | Married |
| Offsprings | Nilanasha, Pratyush and Priyansh |
| Current Relation | Committed |
| Famous For | Perfume Business |
| Net Worth | INR 150 Crores |
Piyush Jain Biography:
Piyush was born between 1969 and 1971, and he is currently between the ages of 50 and 52, according to reports. He is claimed to have been born in Uttar Pradesh because his ancestors were from that state. At the moment, he lives at Anandpuri, Juhi, Kanpur.
Piyush Jain Family & Siblings:
Speaking about the Piyush family, he has been in business for a long time. Mr. and Mrs. Jain are his parents. Mahesh Chandra Jain, his father, was employed at a Mumbai-based soap manufacturer. In Kannauj, Uttar Pradesh, his older brother Amrish Jain is referred to be the “compound king” (an amalgam of compounds found in gutkha and perfume). Phool Chand Jain, his grandpa, managed a clothing printing company.
He and his family were all residing at his Kanpur home prior to the income-tax raid. Due to the severe rules of the Income Tax authorities, none of his family members have been in front of the media. They are members of the Jain caste and practise Jainism.
| Parents | Father – Mr. Jain Mother – Mrs. Jain |
| Siblings | Sister – Unknown Brother – Unknown |
Piyush Jain Education:
He went to Local High School in Kanpur.
| Education (School) | School – Local High School, Kanpur |
| Graduation | College – Not Known |
Piyush Jain Physical Apperance:
| Height | 176 cm |
| Weight | 78 kg |
| Eye Colour | Black |
| Hair Colour | Black |
| Hair Length | Short |
| Skin Tone | Medium |
| Body | Bulky |
Piyush Jain Career:
He and his older brother both joined their father’s soap company after finishing their postgraduate studies in chemistry. He began his employment with the firm as a salesperson before transitioning into the production of detergent and soap compounds. He began creating edible chemicals for other tobacco products after gaining some experience.
He slowly began selling perfume in Kanpur, Uttar Pradesh, and eventually grew both domestically and internationally. In India, he has more than 38 businesses. as well as two businesses in the Middle East. He co-founded Odochem Industries, an Uttar Pradesh-based chemical producer, with his older brother.
Being a businessman, perfume trading is one of his key enterprises. He markets high-end scents and fragrances both inside India and beyond. Mumbai serves as the location of his perfume brand’s national store. He manages the whole supply chain for his perfume from his office in Mumbai.
In addition to this, Piyush is a successful businessman who runs gas stations, cold storage facilities, and perfume factories in Kannauj, Uttar Pradesh, according to the information supplied by well-known media figures. Additionally, Piyush owns two sizable businesses in the Middle East.
Piyush Jain Relationship Status:
Piyush is married, and his wife works with him at his company as a partner. Pratyush and Priyansh are his two sons. Nilanasha, his daughter, is a pilot.
| Partners | Ex – None Current – None |
| Marital Status | Married |
| Offsprings | Nilanasha, Pratyush and Priyansh |
Piyush Jain Success & Achievements:
There is no data.
Piyush Jain Net Worth:
Speaking of Mr. Piyush Jain’s net worth, you already know that he is a huge businessman. At his residence, more than 150 crore rupees had been discovered, with more to come. We may infer Piyush’s significant net worth from all of this income tax return, even though the IT officer has yet to disclose all of his earnings.
Piyush Jain Controversy:
The Indian Income Tax officials make one of the largest monetary recoveries on December 23, 2021. According to a statement made by the Directorate General Of GST intelligence from his office located in Ahmedabad, they have received a tip related to Tax avoidance by Piyush Jain and beetle nut trader KK Aggarwal. Yes, an amount totaling more than Rs 177 crores in cash was recovered by the Income Tax officer after they raided the home of Kanpur’s renowned perfume trader Mr. Piyush Jain.
They then travelled to a business associate of Odochem Industries’ residence in Kannuaj. This industry plays a significant role in the supply of chemicals used in perfume manufacture. Although it is unconfirmed, Piyush Jain was the owner of the whole manufacturing and residential complex.
IT authorities in Kanpur raided his ancestral home and discovered more than 150 Crore in cash. According to reports, Piyush’s second home is situated in the Sadar Kotwali neighbourhood in Kannauj’s Chhiptti district. After that, the DGGI sealed his ancestral home in Kannauj (director-general GST Intelligence). The IT officer counts the Rs 150 Crore in cash discovered inside Piyush Jain’s Kanpur home over the course of one night and sixteen.
To count all the money, a team from SBI of India was there. In order to finish the counting of notes as quickly as possible, two extra money counting machines were added after the initial six note calculating machines were put into operation.
Additionally, a lot of expensive jewellery and cash-filled boxes were also discovered. It is believed that as the inquiry continues, additional cash and boxes are discovered under the basement of the house, which might raise the overall amount of black money discovered at Piyush Jain’s home. However, the sum of Rs 150 Crore is yet unconfirmed. As we have said, the GST department initiated this raid after receiving the tip, and IT officials joined shortly afterwards.
Piyush Jain On Social Media:
| Not Known | |
| Not Known | |
| Not Known |
Piyush Jain Pictures:
Interesting Facts about Piyush Jain:
- The vehicle carrying the entire bundle of 150 crore rupees has been delivered to RBI.
- After the IT raid, nothing was discovered at KK Aggarwal’s residence.
- All bogus invoices for less than 50,000 INR were created by Piyush.
- At the Shikhar Pan Masala Factory, four trucks that were parked in a transporter had all of the bogus invoices.
- The IT department elevated all of the spots at once.
- Eighty crates containing more than 150 crore rupees were full. There were 27 people working on the operation as a team.
- During the operation, police have been stationed outside the Piyush residence.
FAQs about Piyush Jain:
Who is Piyush Jain?
Piyush Jain is an Indian businessman.
What is Piyush Jain nickname?
Piyush Jain nick name is Piyush.
When was Piyush Jain born?
Piyush Jain took birth on 1969-1971.
What is Piyush Jain age?
Piyush Jain age is 50-52 years (as of 2023).
What are Piyush Jain family members’ names?
Piyush Jain parents are Mr. and Mrs. Jain.
Where did Piyush Jain study?
Piyush Jain went to the Local School, Kanpur.
Is Piyush Jain dating?
Piyush Jain is married.
What does Piyush Jain do?
Piyush Jain is a Indian businessman.
Where was Piyush Jain born?
Piyush Jain was born in Kanpur.
What is Piyush Jain net worth?
Piyush Jain net worth counts more than INR 150 Crores.
What is Piyush Jain offspring’s name?
Piyush Jain has Nilanasha, Pratyush and Priyansh.
Conclusion:
Piyush Jain hasn’t been detained for his illicit employment since the Income Tax raid, but the internet is buzzing about him. His large residence in Kanpur was the first place the full income tax team conducted a raid. Later, all of the law enforcement officers proceeded to his second home in Kannauj. At Piyush Jain, many locations were searched by IT officers, and large amounts of cash and jewels were discovered.
Many people are associating Mr. Piyush, a perfume dealer from Kanpur, with the Samajwadi Party ever since the scandal surrounding him became out. According to reports, Piyush and Mr. Akhilesh Yadav, the top leader of the Samajwadi Party, get along well.
The Samajwadi Party’s November 2021 perfume launch is the cause of the growing issue. Yes, Akhilesh, the head of the Samajwadi Party, just debuted a perfume with the name Samajwadi Party. Everyone claims that Piyush Jain is the manufacturer of this scent. In support of this, Akhilesh Yadav is being attacked by the opposition party BJP. However, Akhilesh has refuted all of the accusations made against the Samajwadi Party and stated that Piyush is not a leader in the party.
