Demonitisation Effect
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Never In Favour Of Demonetisation, Warned Of Damage: Raghuram Rajan In Book
"At no point during my term was the RBI asked to make a decision on demonetisation," the former RBI governor said.
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Note Ban May Continue To Result In A Economic Slowdown: SBI
Long-term impact of note ban on the economy and the banking sector is uncertain, SBI said.
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Note Ban Will Have Positive Impact In Long Term, Says World Bank
Eliminating tax evasion and corruption is typically a demanding process involving multiple measures overtime, the World Bank said.
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Tax Evasion Worth Rs. 1.37 Lakh Crore Uncovered In Last 3 Years
From the 23,064 searches that have been conducted, more than Rs 1.37 lakh crore of tax evasion has been detected, the Finance Ministry said Friday.
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Overnight Queues At RBI Offices As Note Exchange Deadline Nears
People are leaving nothing to chance and lining up at the RBI office in the national capital from the night itself so that they get to deposit the currency next day.
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GDP Numbers Not Politically Influenced, Says Arvind Subramanian
Many analysts were surprised that a slowdown in growth during the December quarter was not as bad as they had expected following the decision to outlaw 500 and 1,000 rupee banknotes.
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CAG To Audit Impact Of Demonetisation And Its Effect On Tax Revenues
The Comptroller and Auditor General of India (CAG) plans to audit the impact of note ban and the effect it has had on the government's tax revenues, said CAG Shashi Kant Sharma.
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No Plans To Introduce 5,000, 10,000 Currency Notes: Government
Economic Affairs Secretary Shaktikanta Das had last month said that the government has no plans to re-introduce 1,000 rupee notes.
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Notes Ban: Government Spent Rs 94 Crores On Ads To Popularise E-Payments
Nearly Rs 94 crore has been spent by the government for spreading awareness about digital payments and popularising less-cash economy post demonetisation, the Rajya Sabha was informed on Thursday.
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Major Issues In GST Yet To Be Discussed And Ironed Out: Bengal Finance Minister Amit Mitra
West Bengal Finance Minister Amit Mitra has said there are major issues with the Goods and Services Tax (GST) which are yet to be discussed and ironed out.
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1 Crore New Jan Dhan Accounts Since Notes Ban, But Many Still Unpaid
Over 1 crore Jan Dhan accounts have been opened since the notes ban came into effect on November 9. The deposits since have also doubled to over 87,000 crores and the tax department is scrutinising the data. Yet, many workers without bank accounts could not be paid.
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Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
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Rs 9 Lakh Crore Already Back In System Post Notes Ban: SBI Chairman
State Bank of India (SBI) chairman Arundhati Bhattacharya on Thursday said that about Rs 9 lakh crore of close to Rs. 13 lakh crore, which was out of the economic system, has already come back post notes ban.
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In Bengaluru, Street-Side Books Market Goes Digital
Bengaluru seems to be leading the way in transition to cashless economy. After the British era Russell Market, a popular roadside book market has made a similar shift. Majority of the book sellers on Avenue Road street side market have jumped on to the mobile wallet bandwagon. Several small vendors selling books, both new and used are accepting pay...
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This Kerala District Is Leading The Way In Digitally Countering Notes Ban Impact
While the CPM-led government in Kerala has been protesting against the impact of the centre's notes ban move, a district in the state is making huge progress in training locals about digital transactions to counter the cash crunch.
-
Never In Favour Of Demonetisation, Warned Of Damage: Raghuram Rajan In Book
"At no point during my term was the RBI asked to make a decision on demonetisation," the former RBI governor said.
-
Note Ban May Continue To Result In A Economic Slowdown: SBI
Long-term impact of note ban on the economy and the banking sector is uncertain, SBI said.
-
Note Ban Will Have Positive Impact In Long Term, Says World Bank
Eliminating tax evasion and corruption is typically a demanding process involving multiple measures overtime, the World Bank said.
-
Tax Evasion Worth Rs. 1.37 Lakh Crore Uncovered In Last 3 Years
From the 23,064 searches that have been conducted, more than Rs 1.37 lakh crore of tax evasion has been detected, the Finance Ministry said Friday.
-
Overnight Queues At RBI Offices As Note Exchange Deadline Nears
People are leaving nothing to chance and lining up at the RBI office in the national capital from the night itself so that they get to deposit the currency next day.
-
GDP Numbers Not Politically Influenced, Says Arvind Subramanian
Many analysts were surprised that a slowdown in growth during the December quarter was not as bad as they had expected following the decision to outlaw 500 and 1,000 rupee banknotes.
-
CAG To Audit Impact Of Demonetisation And Its Effect On Tax Revenues
The Comptroller and Auditor General of India (CAG) plans to audit the impact of note ban and the effect it has had on the government's tax revenues, said CAG Shashi Kant Sharma.
-
No Plans To Introduce 5,000, 10,000 Currency Notes: Government
Economic Affairs Secretary Shaktikanta Das had last month said that the government has no plans to re-introduce 1,000 rupee notes.
-
Notes Ban: Government Spent Rs 94 Crores On Ads To Popularise E-Payments
Nearly Rs 94 crore has been spent by the government for spreading awareness about digital payments and popularising less-cash economy post demonetisation, the Rajya Sabha was informed on Thursday.
-
Major Issues In GST Yet To Be Discussed And Ironed Out: Bengal Finance Minister Amit Mitra
West Bengal Finance Minister Amit Mitra has said there are major issues with the Goods and Services Tax (GST) which are yet to be discussed and ironed out.
-
1 Crore New Jan Dhan Accounts Since Notes Ban, But Many Still Unpaid
Over 1 crore Jan Dhan accounts have been opened since the notes ban came into effect on November 9. The deposits since have also doubled to over 87,000 crores and the tax department is scrutinising the data. Yet, many workers without bank accounts could not be paid.
-
Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
-
Rs 9 Lakh Crore Already Back In System Post Notes Ban: SBI Chairman
State Bank of India (SBI) chairman Arundhati Bhattacharya on Thursday said that about Rs 9 lakh crore of close to Rs. 13 lakh crore, which was out of the economic system, has already come back post notes ban.
-
In Bengaluru, Street-Side Books Market Goes Digital
Bengaluru seems to be leading the way in transition to cashless economy. After the British era Russell Market, a popular roadside book market has made a similar shift. Majority of the book sellers on Avenue Road street side market have jumped on to the mobile wallet bandwagon. Several small vendors selling books, both new and used are accepting pay...
-
This Kerala District Is Leading The Way In Digitally Countering Notes Ban Impact
While the CPM-led government in Kerala has been protesting against the impact of the centre's notes ban move, a district in the state is making huge progress in training locals about digital transactions to counter the cash crunch.
