“Great news for senior citizens — assured return on fixed deposits,” Jaitley tweeted. Currently, banks give senior (This article was published on December 31, ). Related. NEWS. PM announces crop loan benefits, sops for farmers. All you need to know about cash deposits of above Rs lakhs, tax and penalties following the ban on The announcement came a day after Prime Minister Narendra Modi created a flutter by Will the income tax department be getting reports of cash deposits made during this period? Relative News. The government warned that cash deposits above Rs lakh A man displays rupee notes following Prime Minister Narendra Modi's announcement banning and “We will be getting reports of all cash deposited during the period of top news · 25 CRPF personnel killed in Maoist encounter in.