With the demonetisation set to complete its one year on November 8, the Opposition has been trying to corner the Narendra Modi government, alleging the failure of the move.
On November 8 last year, the Modi government demonetised Rs 500 and Rs 1,000 notes as part of its drive against black money, counterfeit notes and corruption.
The Income Tax Department has picked 20,572 tax returns for "detailed scrutiny" suspecting discrepancies in incomes before and after demonetisation.
Here is what people feel about the decision and the changes they have seen following the decision.
Here is what people feel about the decision and the changes they have seen following the decision.
"Great Selfish Tax (GST) to harass the people. To take away jobs. To hurt businesses. To finish the economy. GoI totally failed to tackle GST,” Mamata wrote on Twitter.
Cash deposits worth over Rs 17,000 crore were made and later withdrawn post demonetisation by as many as 35,000 companies, which are now deregistered.
The apex court disposed of 14 petitions seeking its nod to deposit demonetised notes and said that a five-judge Constitution Bench would deal with this aspect besides deciding the validity of Centre's decision to demonetise currency notes.
In a stunning revelation, the income tax department and Enforcement Directorate in their investigations have found that over Rs 500 crore were deposited in select district central co-operative (DCC) banks across Karnataka, between Nov 9 and Nov 14.
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