Mumbai, March 19 (IANS) The Mumbai income-tax department is gearing up to keep a strict watch on black money transactions during elections, an official said here Wednesday.
Donning the mantle of "Big Brother", the department has set up a 24x7 monitoring cell for keeping a vigil on black money during the poll season.
As per a directive of the Election Commission, the department has also set up helpline numbers -- 022-22624011/22627275/22635511 -- for the general public to alert the authorities about any suspicious movement of large sums of cash or bullion in Mumbai.
Whenever there is any information or tip-off about movement of large quantities of cash or bullion, the department here would probe the cases as per the provisions of the Income-Tax Act.
The department warned that the cash or bullion would be seized if a satisfactory explanation is not given.
It has also advised the general public to carry necessary documentary evidence while carrying large amounts of cash or bullion to avoid problems with I-T sleuths.
The Mumbai I-T department move follows the Election Commission putting in place an expenditure monitoring mechanism to curb misuse of money power during the elections.
Besides creating an Election Expenditure Monitoring Cell to monitor illegal money, the EC has also appointed a number of expenditure observers.
The poll panel has also asked the civil aviation ministry to operate air intelligence units at all airports to keep a check on illegal cash movements.
The corona between the central government and the Trinamool government of West Bengal is constant
The Supreme Court on Tuesday issued notices to the Central Government and the Election Commission
Modi, INLD two faces of the same coin: Kejriwal
Gurgaon, March 23 (IANS) The BJP and the Indian National Lok Dal (INLD) are two faces of the sa
Tamil Nadu - the land of rising sons
Chennai, March 22 (IANS) It seems to be all in the family as far as the Congress and the DMK ar
Obama meets Congress party delegation
New Delhi, Jan 26 (IANS) US President Barack Obama met a Congress party delegation Monday after
Pakistan is hosting the upcoming edition of the Asia Cup. He will organize this tournament under
India got defeated by 21 runs in the third ODI against Australia. With this defeat, Team India al
We are not worried about size of MCG: NZ pacer Southee
Melbourne, March 27 (IANS) Countering former Australian batsman Matthew Hayden’s statemen
It has been more than 90 days since the Russia-Ukraine war, but nothing is coming out of the resu
Gangster Raju Theth was shot dead in Sikar, Rajasthan. Four-six miscreants shot Raju Theth near h
