Indore: Info About Suspicious Transactions Above ₹10L To Be Collected Daily

Indore: Info About Suspicious Transactions Above ₹10L To Be Collected Daily

During the election period the information about such transactions would be compiled daily by the banks.

Staff ReporterUpdated: Thursday, November 09, 2023, 07:39 AM IST
article-image
Representative Image |

Indore (Madhya Pradesh): Amid ongoing campaigning for November 17 polls in state, expenditure observer has decided to collect information about all suspicious transactions above Rs 10 lakh made with banks on daily basis. This information would later be shared with the Income Tax department.

During the election period the information about such transactions would be compiled daily by the banks. The Lead Bank Manager (LDM) has been directed to ensure that the information was collected and processed from banks daily and sent on email to the Expenditure Accounts Branch formed in connection with the elections and Income Tax Department.

RECENT STORIES

Indore: IMA’s 31st International Management Conclave On March 1 And 2

Indore: IMA’s 31st International Management Conclave On March 1 And 2

Indore: BSNL's 4G Mobile Service In City Soon

Indore: BSNL's 4G Mobile Service In City Soon

Flying High: Indore's Devi Ahilyabai Airport Achieves 20 Years Passenger Movement Capacity In 10...

Flying High: Indore's Devi Ahilyabai Airport Achieves 20 Years Passenger Movement Capacity In 10...

Madhya Pradesh: SItamau's New Civil Hospital Becomes Point Of Contention

Madhya Pradesh:  SItamau's New Civil Hospital Becomes Point Of Contention

Madhya Pradesh: Gambling Den Busted In Sundrel Forest, 8 Held  

Madhya Pradesh: Gambling Den Busted In Sundrel Forest, 8 Held