No proposal to seal bank lockers and confiscate gold/diamond jwellery-Finance Ministry tweet to clarify on various myths on the demonetisation issue
Finance Ministry issued series of tweets to clarify on various myths on the demonetisation issue.
Ministry said no bank lockers will be sealed. It said enforcement agencies are closely monitoring demonetisation process to prevent people from illegally amassing black money.
Myth: Next step is to seal bank lockers and confiscate gold/diamond jwellery.
Fact: It is baseless talk. There is no proposal to seal bank lockers and confiscate gold/diamond jwellery.
Read Myth and Facts on Demonetisation as tweeted by the Finance ministry
Date of digital signature and issuance determines the date of a notice u/s148 of the Income Tax Act - ITAT…
DGFT authorises IACCIA to issue Certificate of Origin (Non- Preferential) w.e.f. 9th January 2026 In exercise of powers conferred under…
Net profit rate may not per se experience variation commensurate to the increase of turnover. In a recent judgment, Allahabad…
Mushroom growing apparatus cannot be classified as ‘agricultural machinery’ under Customs Tariff Heading 8436. In a recent judgment, Hon'ble Supreme…
Statutory presumption attached to issuance of a cheque, being one made in discharge of a legally enforceable debt or liability,…
Merely because the authority conducting auction expects higher bid than the highest bidder is no reason to discard the highest…