Blackmoney

The largest Church in Mizoram will no longer accept demonetised notes

The branches and district offices under the Mizoram Synod were also cautioned not to receive demonetised notes in cash.

Nov 28, 2016, 13:02 PM IST

Rs 2,000 fake currency notes seized near Hyderabad, 6 held

The police seized 105 counterfeit notes of highest denomination of Rs 2,000, which was released this month following the demonetisation of Rs 1,000 and Rs 500 notes.

Nov 26, 2016, 16:35 PM IST

Rs 14 lakh in old and new denominations seized in Nashik

According to Ranjit Dere, in-charge of Niphad Police Station, the cash (Rs 14,65,760) was seized during a routine checking of vehicles on Friday.

 

Nov 26, 2016, 13:56 PM IST

Supreme Court to hear petitions challenging demonetisation on Dec 2

Centre has recently moved the apex court seeking transfer of all the petitions pending in various high courts to either the Supreme Court or one of the high courts.

Nov 25, 2016, 14:16 PM IST

Opposition losing its credibility with rigid stand on demonetisation: Govt

 PM Modi said, those who are criticizing the demonetisation move don`t have problem with the government`s preparedness, but they are having problems because they didn`t get time to prepare for turning their black money into white.

Nov 25, 2016, 12:33 PM IST

Cabinet mulls 60% income tax on unaccounted deposits post demonetisation

The Cabinet tonight is believed to have discussed amending laws to levy close to 60 percent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.

Nov 24, 2016, 22:02 PM IST

Nobody can stop India from becoming economic superpower: Rajnath Singh

Union Home Minister Rajnath Singh on Wednesday said demonetisation will bridge the gap between the rich and poor, adding nobody can stop India from a becoming an economic superpower in the next 15 years courtesy this visionary decision of Prime Minister Narendra Modi-led government.

Nov 16, 2016, 20:19 PM IST

Demonetisation: CPI demands use of old notes till December 31

"If the Prime Minister is sincere, he should apologise to the nation and set right things by allowing people to use the old currency till December 31 for all public utilities like journeys, hospitals, medical shops, tax payments, phone payments, to purchase foodgrains, and essential commodities," CPI General Secretary S Sudhakar Reddy told reporters.

Nov 15, 2016, 16:17 PM IST

PM Narendra Modi says thank you after journalists praise him for demonatisation move

"Thank you bhaiyya," said Prime Minister Narendra Modi, acknowledging a group of journalists who congratulated him for the demonetisation decision of his government.

Nov 14, 2016, 19:10 PM IST

PM Modi's strong move on black money

PM Modi's strong move on black money. Watch this special segment and get to know more here.

Nov 13, 2016, 23:49 PM IST

Demonetisation: West Bengal CM Mamata joins Arvind Kejriwal in demanding rollback of ''black'' political decision

"I have said this before, but given the way the young, old and everyone is suffering let me again appeal to the Central government. Withdraw this `black` political decision which is anti-commoner. Markets across India ruined, purchasing power crashing, people pained," she said in a series of tweets.

Nov 12, 2016, 13:20 PM IST

Chetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'

As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.

Nov 12, 2016, 11:45 AM IST

Bihar: People throng banks, ATMs to exchange old notes, withdraw money

People in large numbers thronged banks to exchange old currency notes of Rs 500 and Rs 1,000 denomination and withdraw money from ATMs, that went dry at several places, across Bihar on the second day of transaction.

Nov 11, 2016, 20:05 PM IST

'BJP was aware of the Centre's decision to demonetise currency', claims CPI(M)

"The BJP's Bengal unit had deposited an amount of Rs 1 crore in a Kolkata bank, hours before Prime Minister Narendra Modi made the announcement on Tuesday night.

Nov 11, 2016, 19:57 PM IST

Rs 500 and Rs 1,000 notes banned: Subramanian Swamy congratulates PM Narendra Modi for disabling ISI money power

Bharatiya Janata Party (BJP) leader Subramanian Swamy welcomed Prime Minister Narendra Modi's decision to denotify Rs 500 and Rs 1,000 note to combating corruption, terrorism and black money.

Nov 09, 2016, 13:45 PM IST

Rs 500, Rs 1000 note ban: Chaos at Patna Railway station; passengers being denied tickets

Government's decision of scrapping the Rs 500 and Rs 1000 notes to tackle the issue of black money and corruption is causing some problems for the common man.

Nov 09, 2016, 12:25 PM IST

Rs 500, Rs 1000 notes to be invalid from midnight: Why PM Narendra Modi took the bold step

Keeping up to his promise of curbing the menace of black money, Prime Minister Narendra Modi announced that Rs 500 and Rs 1,000 currency notes will cease to be legal tender from midnight Tuesday.

Nov 08, 2016, 21:28 PM IST

'Rush' of blackmoney declarants on last day; I-T dept enthused

The "rush" of black money declarants, under the one-time compliance window, peaked across various Income Tax department offices on the last day Friday with the CBDT indicating the collections to be "very good" and may touch an estimated Rs 40,000-Rs 50,000 crore.

Sep 30, 2016, 21:59 PM IST

Blackmoney declarants cannot pay tax from undeclared income

The government on Thursday clarified that blackmoney declarants using the one-time compliance window cannot pay tax and penalty from undisclosed income to bring down their liability and such acts will not get any immunity.

Jul 14, 2016, 14:04 PM IST

Govt checking if any blackmoney returned to India: Revenue Secy

In the wake of deposits held by Indians in Swiss banks dropping by 33 percent, Revenue Secretary Hasmukh Adhia on Friday said the government is checking if any of the blackmoney has been routed back to India.

Jul 01, 2016, 18:34 PM IST