The scope is now widened with the addition of the following transactions

By Vijay Kumar

l) application for credit card;

m) payment of an amount of fifty thousand rupees or more to a Mutual Fund for purchase of its units;

n) payment of an amount of fifty thousand rupees or more to a company for acquiring shares issued by it;

o) payment of an amount of fifty thousand rupees or more to a company or an institution for acquiring debentures or bonds issued by it;

p) payment of an amount of fifty thousand rupees or more to the Reserve Bank of India for acquiring bonds issued by it.”;