In preparation for the general elections, officials are cracking down on illegal cash and gold movements across the state. To prevent trouble, it’s crucial to carry cash, gold, and valuables with proper proof and documents.
Carrying Cash and Gold
Cash and gold can be transported up to Rs. 50,000 without issue. However, anything beyond this amount requires proof of origin. Traders need relevant documents, and ordinary citizens must show bank records or necessary proofs for carrying larger sums.
Monitoring Exchanges
Cash exchanges over Rs. 2 lakh will be closely monitored. Individuals must explain the source of this money; otherwise, it will be seized. For amounts between Rs. 2 lakh and Rs. 10 lakh, a committee reviews the case. If the cash exceeds Rs. 10 lakh, the Income Tax Department must be informed.
Confiscation of Goods
New goods exceeding Rs. 10,000, like jewelry, cookers, and cricket kits, will be seized unless proof of business purpose is provided.
Candidate Expenses
Candidates cannot make cash payments over Rs. 10,000 for campaign expenses. Payments beyond this limit should be made through checks or online methods. Candidates or their representatives shouldn’t carry more than Rs. 50,000 in cash.
Illegal Practices
Using cash or goods worth less than Rs. 50,000 to influence voters is illegal. Offenders will be prosecuted under relevant laws.
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