Cash Deposits

Demonetisation impact: Banks told to report deposits over Rs 10 lakh a year

Payments of an amount aggregating to Rs one lakh or more in cash, along with payments of Rs 10 lakh or more made by any mode (including cheque or wire transfer), towards settling credit card dues in a year will also have to reported.

Demonetisation impact: Jan Dhan accounts in Odisha flush with cash

The accounts with excess deposit would lose PMJDY classification.

Demonetisation: ‘Tough day’ for the common man, but we all know who's having ‘sleepless nights’

The ‘stupid common man’ is happy about the cleaning and with a masochistic smile, sipping the ‘strong tea’, to which in any case, he has become accustomed over the years.