Tag: Rs 50000 Transaction

Original IDs must for bank transactions over Rs 50,000

New Delhi: To check use of forged copies during bank transactions, the Government has made it mandatory for banks and financial institutions to check original identification documents of individuals dealing in cash above Rs 50,000. The Revenue Department in the Finance Ministry has issued a gazette notification making an amendment to the Prevention of Money-laundering […]

  • Friday, 23 July 2021
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