New Delhi, Nov 23,2016: Rs 21,000 crore put in Jan Dhan accounts. Post demonetisation, a whopping Rs 21,000 crore has been deposited in Jan Dhan bank accounts.
Rs 21,000 crore put in Jan Dhan accounts.
The cash has are available after November 8 when Prime Minister Narendra Modi declared 500 and 1,000 rupee notes would no extra be legal tender.
The utmost deposit was reported in West Bengal, Finance Ministry sources stated on Wednesday as Rs 21,000 crore put in Jan Dhan accounts.
A complete of 24 crore bank accounts have been earlier opened within the Jan Dhan financial inclusion scheme in order to hyperlink each family with a bank account.
Looking for to shut all of the gaps for individuals to show their black cash into white, the Finance Ministry had warned towards utilizing others’ accounts to hoard money and stated that these permitting his or her account to be misused would face prosecution when Rs 21,000 crore put in Jan Dhan accounts.
“It’s hereby clarified that such tax evasion actions will be made topic to revenue tax and penalty whether it is established that the quantity deposited within the account was not of the account holder however of any individual else,” the ministry had mentioned.
Additionally the one that allowed his account to be misused for this goal might be prosecuted underneath the Income Tax Act as Rs 21,000 crore put in Jan Dhan accounts.
Earlier within the day, all of the banks have been directed to not take the previous Rs 500 and Rs 1,000 notes as deposits within the small savings schemes with fast impact.
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