PNB fraud-accused Nirav Modi's art collection fetches Rs 55 crore; remaining artwork to be auctioned by ED

Of the gross proceeds from the auction of Nirav Modi's art collection, the Income Tax Department will get a net of Rs 54.84 crore, with the rest being the commission to the auction house Saffronart and the buyers' premium.

from Latest News India on Firstpost https://ift.tt/2U88HMZ