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ED finds 'financial link' between PFI and CAA protests; organisation denies The sources said a total amount of Rs 120 crore, credited to bank accounts linked to the PFI, are under the ED’s scanner Current Affairs :The Enforcement Directorate (ED) has discovered that the ongoing rough fights in Uttar Pradesh and different pieces of the nation against the Citizenship (Amendment) Act (CAA) had an affirmed “money related connection” with the Kerala-based Popular Front of India (PFI), a case named as “unjustifiable” by the association. Official sources said on Monday that the government test office, which is exploring the PFI under the Prevention of Money Laundering Act (PMLA) since 2018, has discovered that at any rate Rs 1.04 crore were saved in a few financial balances connected to the association between December 4 a year ago and January 6 this year in different pieces of the nation. This was when Parliament passed the law to allow citizenship to non-Muslims who were ...

Linking PAN with bank mandatory for refunds from March: I-T to taxpayers Till now, the department used to issue refunds to taxpayers either in their bank accounts or through account payee cheques, in a case-to-case basis depending on the category of taxpayers The  Income Tax Department  will “just” issue discounts through the e-mode into financial balances of citizens starting one month from now and they should connect PAN with their records, the  taxman  said in its most recent open correspondence. The office said discounts will be sent to ledgers as it will issue “just e-discounts from March 1, 2019.” Connection your  PAN  (lasting record number) with your ledger toget your discount specifically, quickly and safely, the office said in an open warning issued Wednesday. It included the financial balance could be either reserve funds, current, money or overdraft. Till now, the office used to issue discounts to citizens either in their fin...