The Model Code of Conduct is now in effect in five Indian states: Chhattisgarh, Mizoram, Madhya Pradesh, Rajasthan, and Telangana, all of which are gearing up for upcoming elections.
According to the Telangana Election Code, those involved in election activities must exercise caution, especially when dealing with sums exceeding Rs. 50,000.
Authorities have the power to scrutinize financial transactions and seize assets if rules are violated. Cash transactions above ₹50,000 require documentary proof.
This scrutiny extends to various financial transactions, including hospital bills, school fees, business activities, and significant events exceeding Rs. 50,000.
Carrying over 50,000 cash is a very normal thing for common people. Due to this election code and rules, common people are going to struggle especially people in rural areas who still do cash transactions while buying/selling jewelry, agricultural lands, cattle, etc or for even paying emergency bills like hospital expenses.
