Currency Note Scrapped
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Demonetised Notes Of Rs 4.76 Crore Face Value Seized In Gujarat, 2 Arrested
Demonetised currency notes with the face value of Rs 4.76 crore were recovered in Gujarat's Godhra town and two persons were held in this connection, police said today.
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Scrapped Notes Of Rs 1 Crore Recovered In Maharashtra, 3 Arrested
Scrapped currency notes with Rs 99.65 lakh face value were recovered in Aurangabad on Thursday and three men were arrested in this connection, police said.
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RBI Refuses To Share Cost Of Scrapping Demonetised Notes: RTI
The RBI has declined to reveal the cost incurred on scrappingbanned currency notes worth Rs 15,31,073 crore which returned to banks following demonetisation, an RTI activist said, citing a response from the central bank.
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Rise In Digital Transactions, Tax Payers After Notes Ban: Nitin Gadkari
The government's demonetisation decision a year ago led to 58 per cent growth in digital transactions and an increase in the number of tax payers, Union minister Nitin Gadkari said today. The Centre's scrapping of the old Rs 500 and Rs 1,000 currency notes on November 8 last year hurt those who had black money, he added.
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Opposition To Observe November 8 As Black Day To Protest Notes Ban
Opposition parties on Tuesday said they will observe November 8 as Black Day to protest against the "ill-conceived and hasty" decision of the government to scrap Rs 500 and Rs 1,000 currency notes a year ago.
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4 Sacks Of Shredded Scrapped Notes Found In Madhya Pradesh
Four sacks full of shredded pieces of scrapped currency notes of Rs 500 and Rs 1,000 denominations were found in a pile of garbage here, police said.
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Government Rules Out New Window To Deposit Scrapped Notes
The government said that it had expected all the annulled currency to be returned, in line with the latest RBI data.
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Reserve Bank Of India To Lease Currency Verification Systems To Weed Out Fakes
The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination.
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Income Tax Department Tell Cops To Act Against NGO Boss Who 'Exchanged' Banned Notes
Long after the government shut the window to exchange old banned currency notes, a gang in the national capital that duped people into believing that they could still exchange the scrapped Rs 1,000 and Rs 500 currency notes has been busted. The income tax authorities have told Delhi Police about a city-based 'social activist' who had been running t...
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91 Lakh New Taxpayers Since Notes Ban, Says Government
Six months after PM Narendra Modi scrapped high value 500 and 1,000-rupee notes the centre has something to cheer. Before the unprecedented November 8 decision to cancel 86 percent of currency in circulation there were nearly five crore tax payers in India but since then nearly 91 lakh people have been added to the list of tax paying Indians, Finan...
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Scrap 2,000 And 500-Rupee Notes: Chandrababu Naidu To Centre
Andhra Pradesh Chief Minister N Chandrababu Naidu today asked the Centre to scrap the banknotes of Rs 2,000 and Rs 500 denomination to speed up digital payments.
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3 Held With Old Currency Notes Worth Rs 31.65 Lakh In Ghaziabad
Three persons have been detained in Ghaziabad on Thursday with scrapped currency notes of Rs 500 and Rs 1,000 worth 31.65 lakh rupees, the city police said.
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RBI Admits That On Notes Ban, It Followed Government's Lead
The Reserve Bank of India or RBI has said that though it was the government that recommended cancelling high-denomination notes in November, the central bank felt that "such a proposal could not have come at a more opportune time." The government "advised" the RBI to scrap 500 and 1,000-rupee notes on the November 7, just a day later, the RBI board...
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Nearly 4 Lakh Crores Of Black Money Placed In Banks After Notes Ban: Report
As it analyses bank deposits post-demonetisation, the government has found that an estimated Rs 3-4 lakh crore of tax-evaded income could have been deposited during 50-day window provided to get rid of scrapped high value Rs 500/1000 notes.
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Ahead Of UP Elections, Some Disquiet In BJP About Cash Crunch
There were lines at banks across the country on Friday, the last day to deposit the old 500- and 1,000-rupee notes or see them become worthless after the bills were scrapped by Prime Minister Narendra Modi in a bid to fight corruption.
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Demonetised Notes Of Rs 4.76 Crore Face Value Seized In Gujarat, 2 Arrested
Demonetised currency notes with the face value of Rs 4.76 crore were recovered in Gujarat's Godhra town and two persons were held in this connection, police said today.
-
Scrapped Notes Of Rs 1 Crore Recovered In Maharashtra, 3 Arrested
Scrapped currency notes with Rs 99.65 lakh face value were recovered in Aurangabad on Thursday and three men were arrested in this connection, police said.
-
RBI Refuses To Share Cost Of Scrapping Demonetised Notes: RTI
The RBI has declined to reveal the cost incurred on scrappingbanned currency notes worth Rs 15,31,073 crore which returned to banks following demonetisation, an RTI activist said, citing a response from the central bank.
-
Rise In Digital Transactions, Tax Payers After Notes Ban: Nitin Gadkari
The government's demonetisation decision a year ago led to 58 per cent growth in digital transactions and an increase in the number of tax payers, Union minister Nitin Gadkari said today. The Centre's scrapping of the old Rs 500 and Rs 1,000 currency notes on November 8 last year hurt those who had black money, he added.
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Opposition To Observe November 8 As Black Day To Protest Notes Ban
Opposition parties on Tuesday said they will observe November 8 as Black Day to protest against the "ill-conceived and hasty" decision of the government to scrap Rs 500 and Rs 1,000 currency notes a year ago.
-
4 Sacks Of Shredded Scrapped Notes Found In Madhya Pradesh
Four sacks full of shredded pieces of scrapped currency notes of Rs 500 and Rs 1,000 denominations were found in a pile of garbage here, police said.
-
Government Rules Out New Window To Deposit Scrapped Notes
The government said that it had expected all the annulled currency to be returned, in line with the latest RBI data.
-
Reserve Bank Of India To Lease Currency Verification Systems To Weed Out Fakes
The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination.
-
Income Tax Department Tell Cops To Act Against NGO Boss Who 'Exchanged' Banned Notes
Long after the government shut the window to exchange old banned currency notes, a gang in the national capital that duped people into believing that they could still exchange the scrapped Rs 1,000 and Rs 500 currency notes has been busted. The income tax authorities have told Delhi Police about a city-based 'social activist' who had been running t...
-
91 Lakh New Taxpayers Since Notes Ban, Says Government
Six months after PM Narendra Modi scrapped high value 500 and 1,000-rupee notes the centre has something to cheer. Before the unprecedented November 8 decision to cancel 86 percent of currency in circulation there were nearly five crore tax payers in India but since then nearly 91 lakh people have been added to the list of tax paying Indians, Finan...
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Scrap 2,000 And 500-Rupee Notes: Chandrababu Naidu To Centre
Andhra Pradesh Chief Minister N Chandrababu Naidu today asked the Centre to scrap the banknotes of Rs 2,000 and Rs 500 denomination to speed up digital payments.
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3 Held With Old Currency Notes Worth Rs 31.65 Lakh In Ghaziabad
Three persons have been detained in Ghaziabad on Thursday with scrapped currency notes of Rs 500 and Rs 1,000 worth 31.65 lakh rupees, the city police said.
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RBI Admits That On Notes Ban, It Followed Government's Lead
The Reserve Bank of India or RBI has said that though it was the government that recommended cancelling high-denomination notes in November, the central bank felt that "such a proposal could not have come at a more opportune time." The government "advised" the RBI to scrap 500 and 1,000-rupee notes on the November 7, just a day later, the RBI board...
-
Nearly 4 Lakh Crores Of Black Money Placed In Banks After Notes Ban: Report
As it analyses bank deposits post-demonetisation, the government has found that an estimated Rs 3-4 lakh crore of tax-evaded income could have been deposited during 50-day window provided to get rid of scrapped high value Rs 500/1000 notes.
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Ahead Of UP Elections, Some Disquiet In BJP About Cash Crunch
There were lines at banks across the country on Friday, the last day to deposit the old 500- and 1,000-rupee notes or see them become worthless after the bills were scrapped by Prime Minister Narendra Modi in a bid to fight corruption.
