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CVC will probe Government Employees deposits after note ban

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Read at: Jagran

CVC will probe Government Employees deposits after note ban

Deposits of scrapped currency notes made by central government employees post demonetization will be probed by anti-corruption watchdog Central Vigilance Commission (CVC), its chief K V Chowdary said today.

He said the commission has sought relevant data from income tax authorities in this regard.

Prime Minister Narendra Modi had on November 8 last year announced the scrapping of old Rs 500 and Rs 1,000 notes.

Citizens were provided a limited time window to deposit such notes in their bank accounts.

"We have already sought data (from the CBDT). We will get more refined data on which we will certainly proceed," Chowdary told in an interview.

The CBDT or Central Board of Direct Taxes is the apex policy-making body for the I-T department.

Read at Economic Times