Demonetisation case: The Supreme Court junked a batch of 58 pleas challenging the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. The apex court upheld the decision of the Central government to ban currencies.
Replying to questions from Rajat Sharma at the daylong India TV Samvaad Budget conclave, Ramdev said, "All transactions (in Rs 2000 notes) should be made transparent, so that the honest do not face problems."
The pre-budget survey further said policy priorities over the short term focused on reviving investments by mobilising savings and encouraging the conversion of gold into financial savings.
Rahul Gandhi, however, said he was willing to listen to the problems faced by people, and make efforts to solve them.
The constitution bench, the top court by its December 16 order had said, will also examine the scope of judicial review in matters relating to fiscal and economic policy.
Rahul Gandhi today said demonetisation and GST have ruined the ease of doing business.
Outstanding credit card dues rose 77.4 per cent in the past two years, RBI data revealed.
P Chidambaram also targeted PM Narendra Modi over "hasty" implementation of the GST, and his pet bullet train project.
The government is said to be planning to invoke Section 447 of the Companies Act which provides for imprisonment of up to 10 years and penalty that could extend to three times the amount of fraud involved.
India carried out key structural reforms like demonetisation and the GST at the right time and it will serve the country well in the days to come, Finance Minister Arun Jaitley today said.
Jaitley said that some of these steps like the demonetisation, the GST can have a transient impact on manufacturing for a quarter or so. But in the long run, these are institutional reforms and structural changes.
The World Bank said in its report that India's economic momentum has been affected by disruptions from demonetisation and uncertainties around the GST.
Arun Jaitley has said the series of reforms undertaken by the Modi government like demonetisation and the GST has put the Indian economy on a stronger track.
Finance Minister Arun Jaitley said Modi government’s initiatives like Swachh Bharat, Goods and Services Tax (GST) and demonetisation are having desired impact.
A perusal of bank accounts of 5,800 companies 'struck off' the Register of Companies has revealed multiple accounts linked to them that carried out heavy transactions post November 8.
Banks are yet to clear the dues of lakhs of employees who put in extra hours to deal with the unprecedented rush at banks following demonetisation.
The RBI will begin printing the new Rs 100 note in April, a media report citing people in the know said.
Since the note ban last November, the government has been putting in lots of efforts to plug the loopholes in the taxation system.
P Chidambaram comments come a day after a stampede on a footbridge connecting Mumbai's suburban railway stations of Parel and Elphinstone claimed 22 lives.
The number of PoS terminals post-demonetisation has increased from 13.8 lakh in March 2016 to 28.4 lakh as of July 2017. On an average banks are installing 5,000 PoS per day.
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