Contact Your Financial Adviser Money Making MC
8
December 2016
Following the Income Tax Department's
warning on not allowing misuse of Jan Dhan accounts for laundering black money
post-demonetisation, inflows into such accounts have come down significantly,
the government has said. The Total
Investment & Insurance Solutions
In a release late on Wednesday, the Union
Finance Ministry said there has been a continuous fall in deposits in last
couple of weeks, after an initial surge in deposits after the demonetisation of
high-value currency on November 8. The
Total Investment & Insurance Solutions
"Since the time the government has
alerted people not to allow their accounts, particularly Jan Dhan accounts, to
be used by others for the purpose of converting their black money, there has
been a considerable decrease in the inflow of funds in Jan Dhan accounts,"
an official statement here said.
"The average per account deposit in
Jan Dhan accounts is Rs 13,113 for this entire period from November 8 to
December 2, which is not alarming, given the need to bring all cash to
banks,"A
Total amounts deposited during November
8-15 were Rs 20,206 crore, while during November 16-22, people deposited Rs
11,347 crore in such accounts. This further fell to Rs 4,867 crore during
November 23-30. Total daily deposit in Jan Dhan accounts was Rs 410 crore on
December 1 and Rs 389 crore on December 2. The Total Investment & Insurance Solutions
"The Income Tax Department has
identified the local clusters and bank branches where the inflow of Jan Dhan
deposits have been more than normal, in order to investigate money deposits in
Jan Dhan accounts which belonged to somebody else," the statement added.The Total Investment & Insurance
Solutions
No comments:
Post a Comment