-The Times of India BAREILLY: Two days after PM Modi urged Jan Dhan account holders at a rally in poll-bound UP's Moradabad city to hold on to the money deposited into their accounts by people with illegal cash, villagers across districts that TOI spoke with said the PM's advice didn't factor in "ground realities". "The PM may have meant well, but the fact is not one Jan Dhan account holder who let...
More »SEARCH RESULT
Total Matching Records found : 157
Are Jan Dhan Accounts being misused? Unlikely, shows data -Karthik Shashidhar
-Livemint.com The increase in bank balance in Jan Dhan Accounts is not extraordinary as they are being used as much as regular bank accounts, following demonetisation Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are in focus again thanks to the new notification by the Reserve Bank of India (RBI) imposing withdrawal limits on such bank accounts. The ostensible reason for this is concern that such accounts might be being used to convert...
More »With Rs 9.9 lakh crore back, Centre's estimates may go for a toss
-The Times of India NEW DELHI: With over three weeks to go for the deadline to deposit invalidated 500 and 1,000 rupee notes, deposits in the scrapped currency continue to swell, straining the Centre's estimate of how much of the illegal tender might not come back into the system. Government data shows deposits in two high denomination notes by Saturday evening had totalled Rs 9.85 lakh crore. The imposing figure, shared by...
More »CBDT urges jan dhan holders to reject misuse of accounts
-The Hindu After probe revealed a sudden surge in such deposits revealing various inconsistencies Account holders once again urged by Central Board of Direct Taxes not to consent to any kind of misuse of their accounts which would expose them to the dangers of being held responsible for the tax evasion by unscrupulous elements. Investigation being conducted by the Income Tax Department across India into the sudden surge in cash deposits in jan...
More »Demonetisation: In two weeks, 60% rise in total balance in Jan Dhan Accounts -Shyamlal Yadav & Jay Mazoomdaar
-The Indian Express While the increase in balance in accounts in public sector banks was 56 per cent, it was 66 per cent in private sector banks. New Delhi: In the two weeks after the Centre’s demonetisation move, the total balance in Jan Dhan Accounts increased by nearly 60 per cent, online data updated by the government on Saturday revealed. While the total deposit in Jan Dhan Accounts was Rs 45,637 crore...
More »
