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Congress Releases Video Of Alleged BJP Leader Exchanging Money After Notes Ban
The Congress and other opposition parties on Tuesday released a video purportedly showing a "BJP leader" exchanging old notes after demonetisation on a commission of 40 per cent, but did not vouch for the authenticity of the 30-minute footage.
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2 Years After Notes Ban, Gujarat Police Seizes Rs 3.5 Crore In Old Currency
Police on Sunday seized Rs 3.5 crore in banned notes from a village in Gujarat. Four people have been arrested in connection with the case.
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Haryana Singer, 27, Arrested For Duping Man Of Rs 60 Lakh After Notes Ban
A 27-year-old Haryana-based stage singer was arrested for allegedly duping a retired government officer of Rs 60 lakh on the pretext of exchanging old currency notes during demonetisation in 2016, police said Thursday.
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Notes Ban Led To Formalisation Of Economy, Expanded Tax Base: Arun Jaitley
The government had on November 8, 2016, announced ban on old 500 and 1000 rupee notes, to curb black money in the system.
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99.3 Per Cent Of Demonetised Notes Returned To Banks: RBI
As much as 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, the RBI said today, indicating that just a miniscule percentage of currency was left out of the system after the government's unprecedented note ban aimed at curbing black money and corruption.
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After PM's Shock Notes Ban, Indians Revert To Old Habit Of Hoarding Cash
Currency withdrawals in the January-March quarter stood at Rs 1.4 lakh crore, about 27 per cent more than in same quarter of 2016.
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Rise In Digital Transactions, Tax Payers After Notes Ban: Nitin Gadkari
The government's demonetisation decision a year ago led to 58 per cent growth in digital transactions and an increase in the number of tax payers, Union minister Nitin Gadkari said today. The Centre's scrapping of the old Rs 500 and Rs 1,000 currency notes on November 8 last year hurt those who had black money, he added.
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Demonetisation Anniversary: I Bow To People Of India, Says PM Narendra Modi, Opposition Calls It 'Black Day'
As the government today celebrates one year of demonetisation as 'anti-black money day', the opposition is leaving no stone unturned to keep the pressure on the government and the ruling coalition on the issue. Opposition parties including Congress are calling it 'Black Day'.
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Special Bench To Hear Pleas To Deposit Banned Notes, Says Supreme Court
Fourteen petitioners who couldn't deposit their demonetised currency during the window provided by the Reserve Bank of India (RBI) after the demonetisation announcement last November and approached the Supreme Court were today told that a five-judge Constitution Bench will look into their individual pleas.
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RBI Says No Machines Being Used In Its Offices For Counting Scrapped Notes
The RBI in the annual report, which was for the year ended June 30, 2017, said that only Rs 16,050 crore out of the Rs 15.44 lakh crore in the old high denomination notes have not returned.
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President Ram Nath Kovind Praises Notes Ban, GST In First Independence Day Speech
As India celebrates 70 years of independence, President Ram Nath Kovind addressed the nation as part of a decades old tradition. This was his first Independence Day address after he was sworn in last month. Since his election, President Kovind has given assent to six legislations within three weeks after taking charge.
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No Exceptions For Depositing Old Notes: Centre To Chief Justice Of India
One last opportunity to deposit the 500- and 1,000-rupee notes that were banned in November will defeat the whole point of demonetisation as well as the battle against black money, the government told the Supreme Court today.
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Still Counting, Says RBI Governor Urjit Patel, Questioned By MPs On Banned Notes
Reserve Bank of India Governor Urjit Patel today told a parliamentary panel that old notes deposited after demonetisation are still being counted by a special team working round the clock, with people getting no off-days except a Sunday, sources said today.
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Notes Ban No Ground For Banking Ombudsman To Handle Complaints: RBI
During the demonetisation period, people had to face various problems in form of restrictions on withdrawal of currency notes and exchanging of old Rs 500 and Rs 1,000 notes that were withdrawn with immediate effect from midnight of November 8, 2016.
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Can't Ban Everyone From Depositing Old Notes, Says Supreme Court
People with a legitimate reason for not being able to deposit old 500 and 1,000-rupee notes - like those in prison - cannot be denied the right to swap the outlawed currency for new notes, the Supreme Court said today, asking the government to explain how it will help these citizens by the 17th of this month.
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Congress Releases Video Of Alleged BJP Leader Exchanging Money After Notes Ban
The Congress and other opposition parties on Tuesday released a video purportedly showing a "BJP leader" exchanging old notes after demonetisation on a commission of 40 per cent, but did not vouch for the authenticity of the 30-minute footage.
-
2 Years After Notes Ban, Gujarat Police Seizes Rs 3.5 Crore In Old Currency
Police on Sunday seized Rs 3.5 crore in banned notes from a village in Gujarat. Four people have been arrested in connection with the case.
-
Haryana Singer, 27, Arrested For Duping Man Of Rs 60 Lakh After Notes Ban
A 27-year-old Haryana-based stage singer was arrested for allegedly duping a retired government officer of Rs 60 lakh on the pretext of exchanging old currency notes during demonetisation in 2016, police said Thursday.
-
Notes Ban Led To Formalisation Of Economy, Expanded Tax Base: Arun Jaitley
The government had on November 8, 2016, announced ban on old 500 and 1000 rupee notes, to curb black money in the system.
-
99.3 Per Cent Of Demonetised Notes Returned To Banks: RBI
As much as 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, the RBI said today, indicating that just a miniscule percentage of currency was left out of the system after the government's unprecedented note ban aimed at curbing black money and corruption.
-
After PM's Shock Notes Ban, Indians Revert To Old Habit Of Hoarding Cash
Currency withdrawals in the January-March quarter stood at Rs 1.4 lakh crore, about 27 per cent more than in same quarter of 2016.
-
Rise In Digital Transactions, Tax Payers After Notes Ban: Nitin Gadkari
The government's demonetisation decision a year ago led to 58 per cent growth in digital transactions and an increase in the number of tax payers, Union minister Nitin Gadkari said today. The Centre's scrapping of the old Rs 500 and Rs 1,000 currency notes on November 8 last year hurt those who had black money, he added.
-
Demonetisation Anniversary: I Bow To People Of India, Says PM Narendra Modi, Opposition Calls It 'Black Day'
As the government today celebrates one year of demonetisation as 'anti-black money day', the opposition is leaving no stone unturned to keep the pressure on the government and the ruling coalition on the issue. Opposition parties including Congress are calling it 'Black Day'.
-
Special Bench To Hear Pleas To Deposit Banned Notes, Says Supreme Court
Fourteen petitioners who couldn't deposit their demonetised currency during the window provided by the Reserve Bank of India (RBI) after the demonetisation announcement last November and approached the Supreme Court were today told that a five-judge Constitution Bench will look into their individual pleas.
-
RBI Says No Machines Being Used In Its Offices For Counting Scrapped Notes
The RBI in the annual report, which was for the year ended June 30, 2017, said that only Rs 16,050 crore out of the Rs 15.44 lakh crore in the old high denomination notes have not returned.
-
President Ram Nath Kovind Praises Notes Ban, GST In First Independence Day Speech
As India celebrates 70 years of independence, President Ram Nath Kovind addressed the nation as part of a decades old tradition. This was his first Independence Day address after he was sworn in last month. Since his election, President Kovind has given assent to six legislations within three weeks after taking charge.
-
No Exceptions For Depositing Old Notes: Centre To Chief Justice Of India
One last opportunity to deposit the 500- and 1,000-rupee notes that were banned in November will defeat the whole point of demonetisation as well as the battle against black money, the government told the Supreme Court today.
-
Still Counting, Says RBI Governor Urjit Patel, Questioned By MPs On Banned Notes
Reserve Bank of India Governor Urjit Patel today told a parliamentary panel that old notes deposited after demonetisation are still being counted by a special team working round the clock, with people getting no off-days except a Sunday, sources said today.
-
Notes Ban No Ground For Banking Ombudsman To Handle Complaints: RBI
During the demonetisation period, people had to face various problems in form of restrictions on withdrawal of currency notes and exchanging of old Rs 500 and Rs 1,000 notes that were withdrawn with immediate effect from midnight of November 8, 2016.
-
Can't Ban Everyone From Depositing Old Notes, Says Supreme Court
People with a legitimate reason for not being able to deposit old 500 and 1,000-rupee notes - like those in prison - cannot be denied the right to swap the outlawed currency for new notes, the Supreme Court said today, asking the government to explain how it will help these citizens by the 17th of this month.
