alexa
Indianmoney.com Missed Call Number
 
Home News Government Prohibits Co-Operative Banks From Accepting Deposits Under PMGKY

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Credit CardClick Here
 
 
Government Prohibits Co-Operative Banks From Accepting Deposits Under PMGKY

Government Prohibits Co-Operative Banks From Accepting Deposits Under PMGKY

Saturday, January 21, 2017, 11:38 AM

Post demonetization, the Centre had come up with a scheme called Pradhan Mantri Garib Kalyan Yojana (PMGKY), for black money holders by asking them to pay 50% tax and parking one-fourth of it in a no-interest bearing four-year deposit. This deposit could be made with any bank. The Center has banned cooperative banks from accepting such deposits.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!