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India

Income tax officials conduct raid at Shilpa Shetty’s Mumbai residence in connection with Rs 60-crore fraud case

MTXNewsroom
Last updated: December 18, 2025 3:33 pm
By MTXNewsroom
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Income tax officials conducted a raid at the Mumbai residence of Bollywood actress Shilpa Shetty on December 18, 2025, as part of an investigation into a fraud case involving approximately Rs 60 crore. The raid is linked to allegations surrounding the Bengaluru-based Bastian pub, which is co-owned by Shetty and her husband, Raj Kundra.

The Income Tax Department initiated the raid following the registration of a First Information Report (FIR) against the establishment, which has been accused of financial irregularities, including tax evasion and money laundering. The investigation is part of a broader crackdown on financial misconduct in the hospitality sector, particularly in urban centers like Mumbai and Bengaluru, where the nightlife and restaurant industries have seen significant growth in recent years.

According to sources within the Income Tax Department, the raid began early in the morning and involved multiple teams of officials who searched the premises for documents and electronic evidence related to the alleged financial discrepancies. The officials reportedly focused on the pub’s financial records, including bank statements, tax filings, and other relevant documents that could shed light on the alleged fraud.

The Bastian pub, which has gained popularity among celebrities and socialites, has been under scrutiny for some time. Reports indicate that the establishment has faced previous allegations regarding its financial practices, prompting authorities to take a closer look at its operations. The current investigation is said to be part of a larger effort to ensure compliance with tax regulations and to address concerns about the potential misuse of funds in the hospitality industry.

Shilpa Shetty, who rose to fame in the early 2000s with her roles in various Bollywood films, has been a prominent figure in the Indian entertainment industry. In addition to her acting career, she has ventured into business, including the co-ownership of the Bastian pub. Her involvement in the establishment has drawn both attention and scrutiny, particularly in light of the ongoing investigation.

The implications of the raid extend beyond Shetty and her business. The case highlights the increasing focus of Indian authorities on financial transparency and accountability in the entertainment and hospitality sectors. As the government intensifies its efforts to combat tax evasion and financial fraud, businesses in these industries may face heightened scrutiny and regulatory challenges.

The timing of the raid also coincides with a broader trend in India, where the government has been cracking down on tax evasion and illicit financial activities. In recent years, the Income Tax Department has ramped up its enforcement actions, conducting raids and investigations into various high-profile individuals and businesses. This approach aims to bolster public confidence in the tax system and ensure that all entities contribute their fair share to the economy.

As the investigation unfolds, it remains to be seen how it will impact Shetty’s career and her business ventures. The actress has not publicly commented on the raid or the allegations against the Bastian pub. However, the scrutiny surrounding her business dealings may have repercussions for her public image and future projects in the entertainment industry.

The case also raises questions about the regulatory environment for businesses in India, particularly in sectors that are often associated with high levels of cash transactions and informal financial practices. As authorities continue to investigate and enforce compliance, businesses may need to adapt to stricter regulations and enhance their financial practices to avoid potential legal issues.

In conclusion, the raid at Shilpa Shetty’s residence marks a significant development in an ongoing investigation into alleged financial misconduct associated with the Bastian pub. The case underscores the government’s commitment to addressing tax evasion and financial fraud in India, while also highlighting the challenges faced by businesses in navigating an increasingly complex regulatory landscape. As the investigation progresses, it will be important to monitor its impact on Shetty, her business, and the broader hospitality industry in India.

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