Demonetisation

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Demonetisation blues fail to dampen tax collection for FY2017; exceeds estimates

The Modi government ended FY2017 with total tax revenues of Rs 17.10 lakh crore as against revised estimates of Rs 16.97 lakh crore.

Apr 4, 2017

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RBI to launch new 200-rupee notes soon? Fake image of Rs 200 note going viral

Rumours are rife that 200-rupees note will soon be out in India and a fake image of the note is already being shared on social media.

Apr 3, 2017

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Weekly cash withdrawals fall sharply in the past three months

The RBI had completely removed limits imposed on cash withdrawals, with effect from March 13, 2017.

Apr 3, 2017

Censor Board now cracks whip on demonetisation shown in Bengali film

Director Suvendu Ghosh said Shunyota was supposed to hit the screens on March 31.

Mar 30, 2017

IAF flew 33 sorties with 604 tonnes of currency notes after Narendra Modi announced demonetisation

Prime Minister Narendra Modi announced his decision to demonetise the old currency notes of Rs 500 and Rs 1,000 on November 8 last year.

Mar 28, 2017

Government gets Rs 6,000 crore tax on declared black money after demonetisation: Where can it be best spent?

The SIT on black money has said the Central government has collected Rs 6,000 crore, and the amount is rising.

Mar 18, 2017

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Uttarakhand Assembly Election results 2017: CM Harish Rawat loses poll battle and the people's confidence

Uttarakhand CM Harish Rawat has lost both the seats he was contesting in Assembly elections 2017 -- Haridwar Rural and Kiccha.

Mar 11, 2017

Children Bank of India at it again? Fresh case of fake Rs 2,000 note being dispensed from a Delhi ATM surfaces

A private bank ATM in Amar Colony has dispensed fake Rs 2,000 notes, purportedly printed by the Children Bank of India.

Mar 10, 2017

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New Rs 10 note to be introduced with increased security features

The Reserve Bank of India announced that it is issuing new Rs 10 notes, which will carry inset letter "L" in both number panels.

Mar 9, 2017

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Budget Session 2017: As second leg begins, here are top 5 issues that will cause disruptions

The Opposition will look to corner the government during the second leg of the budget session on a number of issues right from Gurmehar Kaur to GDP figures.

Mar 9, 2017

Fake Rs2,000 notes with 'Churan Lable' issued by SBI ATM in Delhi; Children Bank of India strikes again!

After actress Megha Chakraborty warned against lower-denomination notes purportedly issued by the "Children Bank of India", some Rs2,000 notes by the same "bank" came out of an SBI ATM in South Delhi.

Feb 22, 2017

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No new Rs 1,000 notes, says Economic Affairs Secretary Shaktikanta Das; Is this another govt flip-flop after demonetisation?

The statement runs counter to Das' previous remarks on November 10, when he said new Rs 500 and Rs 1,000 notes would be introduced with special features and new designs in a few months.

Feb 22, 2017

BMC elections 2017: 5 reasons why voter turnout in Mumbai was the highest in 25 years and a headache for BJP

The 55 percent turnout for the BMC elections — for which Maharashtra Chief Minister Devendra Fadnavis congratulated Mumbaikars — could well be a body blow for the BJP.

Feb 22, 2017

Demonetisation: RBI increases weekly cash withdrawal limit for savings bank account to Rs 50,000 from today

The RBI had imposed several limits on cash withdrawals from banks and ATMs following PM Modi's decision to demonetise old notes of Rs 500 and Rs 1,000 on November 8, 2016.

Feb 20, 2017

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Rajiv Bajaj slams note ban, RBI chief Urjit Patel lists benefits

Rajiv Bajaj, MD of Bajaj Auto and RBI governor Urjit Patel spoke in contrasting voices on note ban.

Feb 17, 2017

RBI to completely remove cash withdrawal limits on savings accounts from next month

On Wednesday, the RBI said the limit on cash withdrawals from savings accounts will be completely lifted from March 13.

Feb 8, 2017

income tax, demonetisation, cash deposits in banks, rs 2.5 lakh, cbdt chief, black money, pm modi, india news

Income-tax department confirms status on bank deposits up to Rs 2.5 lakh during demonetisation

There were fears on whether they would be subject to scrutiny by the I-T department for deposits after demonetisation.

Feb 6, 2017

Union Budget 2017 Income Tax highlights: FM Arun Jaitley halves income tax for common man, but puts burden on high-earners

Many salaried people have reason to rejoice, because the income tax rate has been reduced from 10 percent to 5 percent in the Rs 2.5-5 lakh income slab.

Feb 1, 2017

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Budget 2017: Will Modi govt increase defence allocation?

Estimates forecast that the Central government might hike defence allocation by 10 percent in Budget 2017.

Jan 31, 2017

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Income Tax: Operation Clean Money to verify 18 lakh large cash deposits made after demonetisation

In the first batch, around 18 lakh transactions have been identified as cash deposits do not appear to be in line with the tax payer's profile.

Jan 31, 2017

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Demonetisation

Demonetisation blues fail to dampen tax collection for FY2017; exceeds estimates

RBI to launch new 200-rupee notes soon? Fake image of Rs 200 note going viral

Weekly cash withdrawals fall sharply in the past three months

Censor Board now cracks whip on demonetisation shown in Bengali film

IAF flew 33 sorties with 604 tonnes of currency notes after Narendra Modi announced demonetisation

Government gets Rs 6,000 crore tax on declared black money after demonetisation: Where can it be best spent?

Uttarakhand Assembly Election results 2017: CM Harish Rawat loses poll battle and the people's confidence

Children Bank of India at it again? Fresh case of fake Rs 2,000 note being dispensed from a Delhi ATM surfaces

New Rs 10 note to be introduced with increased security features

Budget Session 2017: As second leg begins, here are top 5 issues that will cause disruptions

Fake Rs2,000 notes with 'Churan Lable' issued by SBI ATM in Delhi; Children Bank of India strikes again!

No new Rs 1,000 notes, says Economic Affairs Secretary Shaktikanta Das; Is this another govt flip-flop after demonetisation?

BMC elections 2017: 5 reasons why voter turnout in Mumbai was the highest in 25 years and a headache for BJP

Demonetisation: RBI increases weekly cash withdrawal limit for savings bank account to Rs 50,000 from today

Rajiv Bajaj slams note ban, RBI chief Urjit Patel lists benefits

RBI to completely remove cash withdrawal limits on savings accounts from next month

Income-tax department confirms status on bank deposits up to Rs 2.5 lakh during demonetisation

Union Budget 2017 Income Tax highlights: FM Arun Jaitley halves income tax for common man, but puts burden on high-earners

Budget 2017: Will Modi govt increase defence allocation?

Income Tax: Operation Clean Money to verify 18 lakh large cash deposits made after demonetisation

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Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious