Fri, Dec 23, 2016
People affected by the currency ban have continued to give PM Modi a big thumbs up for his decision to demonetise higher denominations on November 8.
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Tue, Dec 06, 2016
Detecting ‘serious’ irregularities while disclosing income, the Central Board of Direct Taxes (CBDT) on Tuesday said that over 30 such cases have been reported to the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).
Mon, Dec 05, 2016
Indian services activity dived into contraction in November after Prime Minister Narendra Modi`s surprise move to withdraw high denomination banknotes led to a sharp decline in demand, a survey showed on Monday.
Fri, Nov 11, 2016
Indian Railways on Thursday announced that people will no longer receive cash transfers on cancellation of tickets booked on November 9 and November 11.
Thu, Nov 10, 2016
Where there's a will, there's a way. This adage could not have been more true given how desperately people in metros like New Delhi and Mumbai are reaching out to money-changers and middle-men to convert their ill-gotten wealth into legal tender.
After banks announced extended work timings for November 10 and November 11, people woke up early Wednesday morning to queue up in front of them to exchange their old currencies.
Wed, Nov 09, 2016
State Bank of India said on Wednesday that its branches will remain open tomorrow with extended hours of work up till 6 pm.
Finance Minister of India Arun Jaitley has said most of illicit money was in Rs 500 and Rs 1000 denominations.
The demonetisation move by the government which left old Rs 500 and Rs 1,000 notes illegal tenders from midnight of November 8 made people switch preferences to e-wallets like Paytm and debit or credit card transactions.
The decision of PM Modi to demonetise Rs 500 and Rs 1,000 notes surely caused a lot of useless worry among the people and a ton of jokes on social media platforms.
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