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Demonetisation Failed To Meet Objectives: Congress's Adhir Ranjan Choudhary
Congress leader Adhir Ranjan Chowdhury today criticised the government's November 2016 decision to demonetise high-value currency notes, claiming the move did not meet the desired goals as cash in circulation and fake currency have gone up.
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Notes Ban Enforced After "Extensive Talks With RBI": Centre To Court
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
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RBI's New Report Aids Trinamool's Demonetisation Dig At PM Modi
Trinamool Congress leader Derek O'Brien took a swipe at Prime Minister Narendra Modi over his claim that demonetisation would push digital transactions and wipe out fake currency
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Post-Demonetisation, Corruption Increased, No "Hisaab" Of Black Money: Akhilesh Yadav
Taking a dig on four years of demonetisation, Samajwadi Party chief Akhilesh Yadav on Sunday said fake currency notes are still in circulation and corruption has increased.
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2 Years After Demonetisation, Some Hits And Many Misses: Report
As the dust settles on the demonetisation episode, the data show it didn't weed out black money or cash gained through illegal means, which was a key objective of Prime Minister Narendra Modi's plan. On the plus side, there's been some widening in the country's dismal tax base, an increase in digital payments and a drop in fake notes.
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Most Fake Currency Seized From Gujarat After Notes Ban: Centre
Fake notes with face value of over Rs 13.8 crore were seized in the country post-notes ban and the highest seizure of over Rs 5.94 crore was reported from Gujarat, the Lok Sabha was informed today.
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Man Arrested In Delhi With Fake Notes Worth Rs 8 Lakh
The man had collected a huge consignment of fake Indian currency from West Bengal's Malda and was to deliver the same to his associate near Delhi's Seelampur Metro Station bus stop.
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Banks Received Highest-Ever Fake Currency After Demonetisation: Report
The country's banks received an all-time high amount of fake currency and also detected an over 480 per cent jump in suspicious transactions post demonetisation, a first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.
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Did Notes Ban Choke Black Money, Terror, Fake Currency? One Year Later, A Fact Check
In his speech on November 8 last year, announcing the ban on high value currency, Prime Minister Narendra Modi set out the reasons for the dramatic move - striking a blow against black money, terrorism and fake currency.
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Fake Notes Of Face Value Rs 2.55 Cr Seized Post Demonetization: Government
Fake Indian currency notes (FICN) of face value of over Rs 2.55 crore, the maximum being in Gujarat, have been seized along various international borders of the country post demonetisation, the government informed Parliament today.
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Reserve Bank Of India To Lease Currency Verification Systems To Weed Out Fakes
The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination.
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Rs 11.23 Crore Fake Currency Detected Post Note Ban: Finance Minister Arun Jaitley
Fake currency totalling Rs 11.23 crore has been detected since demonetisation, Finance Minister Arun Jaitley said on Tuesday.
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Two Arrested With Fake Notes Worth Rs 1.11 Crore In Gujarat
Unidentified people gave the bag to the two accused and asked them to deliver it to some people in Amreli and circulate the fake notes in the market.
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11 Of 17 Security Features Of Rs 2,000 Note Cracked. Centre Draws A Plan
To check counterfeiting, the government plans to change security features of higher denomination banknotes of Rs 2,000 and Rs 500 every 3-4 years in accordance with global standards. The move comes in the wake of recovery of a large amount of fake Indian currency notes in last four months after demonetisation.
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No High Quality Fake Notes Recovered Since Demonetisation: Government
No 'high quality' fake currency notes have been recovered post demonetisation, although some scanned/photocopied notes were seized by BSF and NIA at the Indo-Bangladesh border, Parliament was informed on Tuesday.
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Demonetisation Failed To Meet Objectives: Congress's Adhir Ranjan Choudhary
Congress leader Adhir Ranjan Chowdhury today criticised the government's November 2016 decision to demonetise high-value currency notes, claiming the move did not meet the desired goals as cash in circulation and fake currency have gone up.
-
Notes Ban Enforced After "Extensive Talks With RBI": Centre To Court
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
-
RBI's New Report Aids Trinamool's Demonetisation Dig At PM Modi
Trinamool Congress leader Derek O'Brien took a swipe at Prime Minister Narendra Modi over his claim that demonetisation would push digital transactions and wipe out fake currency
-
Post-Demonetisation, Corruption Increased, No "Hisaab" Of Black Money: Akhilesh Yadav
Taking a dig on four years of demonetisation, Samajwadi Party chief Akhilesh Yadav on Sunday said fake currency notes are still in circulation and corruption has increased.
-
2 Years After Demonetisation, Some Hits And Many Misses: Report
As the dust settles on the demonetisation episode, the data show it didn't weed out black money or cash gained through illegal means, which was a key objective of Prime Minister Narendra Modi's plan. On the plus side, there's been some widening in the country's dismal tax base, an increase in digital payments and a drop in fake notes.
-
Most Fake Currency Seized From Gujarat After Notes Ban: Centre
Fake notes with face value of over Rs 13.8 crore were seized in the country post-notes ban and the highest seizure of over Rs 5.94 crore was reported from Gujarat, the Lok Sabha was informed today.
-
Man Arrested In Delhi With Fake Notes Worth Rs 8 Lakh
The man had collected a huge consignment of fake Indian currency from West Bengal's Malda and was to deliver the same to his associate near Delhi's Seelampur Metro Station bus stop.
-
Banks Received Highest-Ever Fake Currency After Demonetisation: Report
The country's banks received an all-time high amount of fake currency and also detected an over 480 per cent jump in suspicious transactions post demonetisation, a first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.
-
Did Notes Ban Choke Black Money, Terror, Fake Currency? One Year Later, A Fact Check
In his speech on November 8 last year, announcing the ban on high value currency, Prime Minister Narendra Modi set out the reasons for the dramatic move - striking a blow against black money, terrorism and fake currency.
-
Fake Notes Of Face Value Rs 2.55 Cr Seized Post Demonetization: Government
Fake Indian currency notes (FICN) of face value of over Rs 2.55 crore, the maximum being in Gujarat, have been seized along various international borders of the country post demonetisation, the government informed Parliament today.
-
Reserve Bank Of India To Lease Currency Verification Systems To Weed Out Fakes
The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination.
-
Rs 11.23 Crore Fake Currency Detected Post Note Ban: Finance Minister Arun Jaitley
Fake currency totalling Rs 11.23 crore has been detected since demonetisation, Finance Minister Arun Jaitley said on Tuesday.
-
Two Arrested With Fake Notes Worth Rs 1.11 Crore In Gujarat
Unidentified people gave the bag to the two accused and asked them to deliver it to some people in Amreli and circulate the fake notes in the market.
-
11 Of 17 Security Features Of Rs 2,000 Note Cracked. Centre Draws A Plan
To check counterfeiting, the government plans to change security features of higher denomination banknotes of Rs 2,000 and Rs 500 every 3-4 years in accordance with global standards. The move comes in the wake of recovery of a large amount of fake Indian currency notes in last four months after demonetisation.
-
No High Quality Fake Notes Recovered Since Demonetisation: Government
No 'high quality' fake currency notes have been recovered post demonetisation, although some scanned/photocopied notes were seized by BSF and NIA at the Indo-Bangladesh border, Parliament was informed on Tuesday.
