Confession 35

Here I had to say , a new initiative had been taken by banks to make all money as a taxable one.

On the meeting conducted by Indian banks association,

Some of the recommendations are:

Hereafter a person can withdraw money  once in 12 hours.

From midnight 12am to morning 5pm you can't withdraw money.

While withdrawing money an OTP will be sent to you and after validation you will receive the money.

This recommendation will be sent to reserve bank.

If reserve bank approves it , then this will come as a rule.

The main aim is to avoid frauds happening through ATM .

Also increase digital transactions which will help to make all the money as a taxable one.

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