The Income Tax department has detected over Rs 3,185 crore of un-disclosed income and has also seized Rs 86 crore worth new notes.
Finance Minister Arun Jaitley had assured that no questions would be asked if any amount of demonetised currency is deposited at one go.
Former Finance Minister P Chidambaram today said the new RBI cap on deposits of has left the poor and middle class high and dry and termed it as a desperate measures of a desperate government.
The Axis Bank management has assured the government that it is taking action against erring officials who are involved in irregularities post demonetisation, Finance Minister Arun Jaitley today said.
Congress vice-president Rahul Gandhi on Tuesday questioned the new RBI cap on deposits of demonetised currency and said the central bank is changing rules like the PM changes his clothes.
In a disturbing piece of news, a 45-year-old man was allegedly beaten up and attacked with cricket bails after he blamed Prime Minister Narendra Modi for the serpentine queue outside a bank in southeast Delhi's Jaitpur area, police said on Monday.
Select district central cooperative banks (DCCBs) across 17 states received over Rs 9,000 crore from November 10 to November 14.
Finance Minister Arun Jaitley on Saturday said there has not been any change of law after demonetisation and parties already come under the purview of Section 13A of the Income Tax Act 1961.
Post demonetisation, an astounding Rs 1,00,10,000 (one crore ten thousand) was deposited in the account of a worker at Khidiya branch of Bank of India in Hoshangabad area of Madhya Pradesh. Bank officials said it
In its latest crackdown on black money hoarders and tax evaders, the Enforcement Directorate has on Saturday recovered about Rs 30 lakh cash and 2.5 kg gold from the premises of a prominent tailor in Chandigarh.
Prime Minister Narendra Modi on Friday slammed the opposition parties, including Congress, Left and others, saying that unlike in the past when it stalled Parliament against scams, the rivals were now disrupting proceedings over the
The central bank has ordered banks to provide data on such accounts as the government gears up for the next phase of its anti-black money campaign.
The government has said that the enforcement agencies are making all efforts to bring back the seized currency into circulation to meet the cash need post demonetisation.
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