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My heart goes out to bank employees,officers: Mamata

| | Nov 19, 2016, at 08:56 pm
Kolkata, Nov 19 (IBNS): At a time when India witnessed banning of Rs 500 and Rs. 1000 currency notes by the Centre on Nov 8, West Bengal Chief Minister Mamata Banerjee on Saturday appreciated bank employees for their performance.

"My heart goes out to bank employees/officers. All under severe stress.Sadly, victims of circumstance.Also, condolences to bereaved families," Banerjee tweeted.

In unprecedented scenes, millions of people since Nov 10 morning thronged in front of banks across the country to deposit the now-invalid Rs. 500 and rs. 1000 notes.

The Government has asked the people to deposit their Rs. 500 and Rs. 1000 notes in banks within a specific time frame and get smaller denominations in exchange.

It has also  announced that deposits above Rs. 2.5 lakh will be taxed and could draw a 200 per cent penalty if found disproportionately higher than the account owner's income.

The banks have been asked to keep the details of PAN card of people depositing such large amounts over the 50-day period till Dec 30

Kejriwal and his West Bengal counterpart Mamata Banerjee held a rally in the national capital on Thursday, demanding a rollback of the government's latest policy.

 

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