– Photo: Social Media Expansion During the Lok Sabha elections, all banks will have to inform the District Election Officer on withdrawal and deposit of more than Rs 1 lakh from any account. This rule will be applicable if such deposits and withdrawals have not been made in the account during the last two months. At the same time, if the withdrawal is more than Rs 10 lakh, then its information will be given by the District Election Officer to the nodal officer of the Income Tax Department. These instructions…
Read MoreChief Election Officer Instructs Banks About Withdrawal And Deposit In Banks. – Amar Ujala Hindi News Live
