Mumbai , Nov 9: With demonetisation of Rs 500 and Rs 1000 currency notes, the Government has directed Income-Tax Department to coordinate with all banks and furnish details of individuals who exchange cash amount of Rs 2 lakh and above.
\n\u201cA key reason for scrapping these two currency denominations is to curb the huge menace of fake currency, tackle black money and make India a cashless economy,\u201d said a senior I-T Department official.<\/p>\n
The post I-T Dept to keep record of deposits over Rs 2 lakh<\/a> appeared first on The Sangai Express<\/a>.<\/p>\n\n Read more \/ Original news source: http:\/\/www.thesangaiexpress.com\/t-dept-keep-record-deposits-rs-2-lakh\/<\/a><\/p>","protected":false},"excerpt":{"rendered":" Mumbai , Nov 9: With demonetisation of Rs 500 and Rs 1000 currency notes, the Government has directed Income-Tax Department to coordinate with all banks and furnish details of individuals who exchange cash amount of Rs 2 lakh and above. The post I-T Dept to keep record of deposits over Rs 2 lakh<\/a> appeared first on The Sangai Express<\/a>.<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"sangaiexpress","meta":{"footnotes":""},"categories":[4,3942],"tags":[40,8312,3945],"class_list":["post-238778","post","type-post","status-publish","format-sangaiexpress","hentry","category-news","category-sangaiexpress","tag-headlines","tag-i-t-dept","tag-sangaiexpress","post_format-sangaiexpress"],"_links":{"self":[{"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/posts\/238778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/comments?post=238778"}],"version-history":[{"count":1,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/posts\/238778\/revisions"}],"predecessor-version":[{"id":238779,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/posts\/238778\/revisions\/238779"}],"wp:attachment":[{"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/media?parent=238778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/categories?post=238778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/tags?post=238778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n“A key reason for scrapping these two currency denominations is to curb the huge menace of fake currency, tackle black money and make India a cashless economy,” said a senior I-T Department official.<\/p>\n