Browsing: Cash transactions

Cash deposits or withdrawals exceeding Rs 10 lakh (1 million) in a year in a savings account (except current accounts…

The department employs advanced data analytics tools to detect disparities between declared income and incurred expenses. It can cross-check information…

Acquisition of real estate assets In accordance with Section 12 of the Prevention of Money Laundering Act, 2002 (PMLA), property registrars…

By Andy Mukherjee On more than 6 billion separate occasions in just one month, the ringing of cash…

India’s currency in circulation has increased by only around Rs 500 billion in the first four months of this…