Lucknow (PTI): Bahujan Samaj Party chief Mayawati on Sunday said changes made in relation to currency notes have a direct bearing on public interest and any decision to withdraw them should be taken only after carrying out a study.
The former Uttar Pradesh chief minister was commenting on the Reserve Bank of India announcing withdrawal of Rs 2,000 currency notes from circulation. The bank said existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.
"Since currency and its price in the world market are related to interest and prestige of the country, frequent changes in it directly affect public interest. That's why proper study on its effects and consequences is necessary before doing so. The government must pay attention to this," she said in a tweet in Hindi.
The bank notes in Rs 2,000 denomination will continue to be a legal tender, the RBI had said in a statement.
In order to ensure operational convenience and to avoid disruption of regular activities of bank branches, the RBI said exchange of Rs 2,000 bank notes into bank notes of other denominations can be made up to a limit of Rs 20,000 at a time at any bank starting from May 23, 2023.
The RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
Besides, the facility for exchange of Rs 2,000 bank notes up to the limit of Rs 20,000 at a time will be provided at the 19 Regional Offices (ROs) of the RBI having issue departments from May 23.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
New Delhi (PTI): The CBI has booked a deputy commissioner of customs for allegedly seeking a bribe in the form of 250 grams of gold coins to de-freeze bank accounts of a businessman's jewellery company, officials said Monday.
In the FIR, the CBI has named 2014-batch IRS officer Vikas Pal, then posted in Chennai, and his alleged accomplice Mohammed Sabahuddin in the case.
The CBI took action on a complaint filed by S Shreeganth, the director of Aalaya Jewel Industry Pvt. Ltd, in 2021 which he alleged that Pal, currently posted as Deputy Commissioner, Central GST Noida (Appeals), allegedly demanded gold coins through his representative Sabahuddin, "in lieu of de-freezing of the bank accounts of his company".
A query e-mailed to Pal seeking his reaction remained unanswered.
Sabahuddin, who himself was a GST defaulter, allegedly called Shreeganth thrice regarding the fulfilment of said illegal demand of gold coins, according to the FIR.
The Directorate General of Vigilance (DGoV) Customs referred the matter to the CBI after concluding that there is sufficient corroborative evidence to support the
allegations.
The DGoV also said Pal took undue financial favour from Sabahuddin, who was an offender of GST by getting flight tickets booked, hotel bookings and cab bookings through him.
