Donations to temples, FDs in co-op banks under govt scanner
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A senior minister in Maharashtra government, on condition of anonymity said that the government has instructed officials from departments concerned to keep a tab on any suspicious transaction, donations or deals.
The minister further informed that in most of these banks, works, including issuing receipts, is done manually. As a result, some people managed to get the date of opening of the FD account, as prior to the PM's announcement.
Some people have tried to secure their unaccounted cash by donating it to temples by taking its management into confidence and making receipt of such donations as anonymous donors, he said. A similar pattern was applied in some cooperative banks that are associated or directly controlled by politicians. To counter such frauds,government will check the unnatural rise in the cash reserves in these banks, he said.
Category : Income Tax | Comments : 0 | Hits : 478
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