DIMAPUR, Nov 19 - Nagaland Government has issued an advisory cautioning all tribals who are exempt from paying income tax not to allow non-tribals to park their money in their accounts, saying this is illegal and amounts to conversion of black money into white.
The advisory issued by Principal Secretary & Finance Commissioner Temjen Toy informed all concerned to keep in mind that the Central Government has warned of strict action against those involved in converting black money into white.
The advisory further mentioned that all cash deposits of Rs 2.50 lakh and above will be scrutinised and deposits not matching income will be questioned.
Meanwhile, the Regional Business Office of SBI, Dimapur is providing mobile cash dispensation facility to the customers through mini ATMs in Dimapur. These mini ATMs are installed at Eden Hospital, ICAR, NAPTC, CIHSR Hospital, Zion Hospital and Super Market.
SBI Assistant General Manager Thangboi Lunkim said Rs 2000 new notes have been dispensed through 74 ATMs operating in Dimapur and Kohima. He said indelible ink has been used in most of the branches while exchanging notes.
