REVENUE Secretary Hasmukh Adhia Thursday said deposits of Rs 2 lakh or more formed a sizeable chunk of the demonetised currency that found their way into bank accounts immediately after the November 8 announcement on withdrawal of Rs 500 and Rs 1,000 notes wholly owned subsidiary company in India
Asked if deposits of less than Rs 2 lakh constituted the majority deposits in accounts, Adhia said: “Na na, woh zyaada nahi hai. Rs 2 lakh se upar wale mein hi main hua hai. (No, that’s not big. The bulk of deposits were those above Rs 2 lakh.) And people thought Rs 2.5 lakh tak safe hai, so most of them have done Rs 2.25 lakh (deposits) in 10-15 accounts. We have cases in which 20 accounts are connected to a single PAN.” Company formation in India
Read more information visit at: http://bit.ly/2jX5zSD
No comments:
Post a Comment