In a historical move in controlling black money today Supreme Court approved SIT recommendations . SIT which formed to investigate black money issues in India had suggested Adhaar card and PAN card as mandatory for any transactions which value more than one lakh.
The news might be shocking to many rich personalities in India but it targeted the people who are holding black money. Experts says the rule might give huge impact in taking out black money account holders. They expressed positive opinion on this decision of court and urged to implement at soon.