Banks are asked to give information to CEO, I-T dept
Chief Electoral Officer Jaideep Govind has directed all banks in the State to give regular information about suspected bank accounts to CEO’s Office and Income Tax Department in view of lok Sabha election in Madhya Pradesh.
Banks should keep watch over the accounts where amount of Rs10 lakh or more is transacted. Govind was discussing monitoring of election expenses with nodal officers of various banks on Wednesday.
Govind said that accounts of all lok Sabha candidates should be opened and cheque books issued to them at the earliest.He said that lead Bank Manager is not presenting consolidated report due to which difficulties are being experienced in passing on information to the Income Tax Department.
He also directed to mention amounts in the printout of bank accounts’ transaction.Information about deposit and withdrawal of Rsone lakh by political parties and candidates should also be provided. He directed lead bank Central Bank of India to review the progress with other banks regularly.
Govind directed to display posters, banners etc. at banks’ branches and ATMs for voter awareness.He said that branches of rural banks should also be directed regarding this. Slogans urging people to vote should be printed on deposit and withdrawal slips.
lead Bank Managers of State Bank of India, Central Bank, Allahabad Bank, Punjab National Bank, Syndicate Bank, Bank of Baroda and Bhopal’s banks were present on the occasion.Meanwhile, the Election Commission has registered Alirajpur’s Bharatiya Samajik Party as a political party.
The commission has also informed the party about the process for election symbol allotment. The party will be given priority over independent candidates in allotment of free symbols. The party will have to give its PAN detail within 6 months.