Senior Samajwadi Party leader has said that Prime Minister Narendra Modi's demonetisation move is a ‘courageous experiment’ that aims to eliminate black money, corruption and counterfeit currency.
Chinese media has termed Prime Minister Narendra Modi’s demonetisation move as ‘very bold’.
The government is planning to levy a minimum of 50 per cent tax on unexplained bank deposits made using the scrapped currency notes up to December 30.
A 35-year-old scrap dealer committed suicide allegedly by hanging from a ceiling fan at his house in Delhi’s Mustafabad area on Thursday night.
Post-demonetisation, Mumbai's bustling and glittering Zaveri Bazar, the national bullion and jewellery market, wears a forlorn, deserted look.
The Reserve Bank of India (RBI) on Friday clarified that the new Rs 500 notes with faulty print are genuine and that people shouldn’t find it difficult to transact in these notes.
Unaccounted deposits in outlawed Rs 500 and Rs 1000 currency notes up to December 30 if declared to taxmen will attract 50% tax, along with a lock-in of 4 years, sources said. In case the
While the common man reels under a huge cash crunch following the government’s surprise demonetisation move, a Bharatiya Janata Party MLA from Mumbai has chosen to splurge his money on his minor son by gifting
With over a fortnight since Centre outlawed old Rs 500 and Rs 1000 currency notes, banks have been able to meet only 20-25 per cent of the average daily demand of the cash. Around Rs
Despite a slowdown in India's GDP growth in short run due to cash crunch, India's growth rate will still be higher than China's in the medium term, according to Fitch Ratings. In a statement, the
A day after launching their their app-based PoS for merchants, Mobile wallet company Paytm has suspended the service citing risk to customer data and privacy. The app was developed to help small shopkeepers accept payment
RJD supremo Lalu Prasad Yadav today renewed his attack on Prime Minister Narendra Modi over the demonetisation drive, comparing him with ‘Uncle Podger’ - a character of a poem who does not allow anyone else to do a job and is unable to do anything qu
The Reserve Bank of India (RBI) today said that the facility to exchange old Rs 500 and Rs 1,000 notes will continue to be available at its counters, but not at those of commercial banks.
Prime Minister Narendra Modi today said that the common citizen has become a soldier against black money, corruption and counterfeiting by joining the demonetisation drive.
In a major embarrassment for the central government, it has now come into light that new Rs 500 note have several defects.
Exchange of old currency notes of 500 and 1,000 rupees over the counter has been stopped but people can deposit old notes in their bank accounts upto December 30.
The Centre is believed to have given its nod to amend the IT Act to levy close to 60 per cent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.
Days after supporting government's demonetisation move, Tata Group chairman Ratan Tata today asked the government to take special relief measures, similar to those employed at the time of national calamities, to minimise the trouble that the poor are
The real estate sector is all set to be hit by the demonetisation process with estimates suggesting a sharp decline in property prices following the government’s drastic move to ban high-denomination currency notes.
Narendra Modi has called a meeting of the Union Cabinet tonight, possibly to discuss the 200 per cent penalty.
Top News
Latest News
