Legality Of Demonetisation
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Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
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Are Rs 1,000 Notes Coming Back? RBI Governor's Reply
The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative".
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"Demonetisation Deeply Flawed, Outrageous": P Chidambaram To Supreme Court
Calling the demonetisation of Rs 500 and Rs 1000 currency notes "deeply flawed", senior lawyer P Chidambaram told the Supreme Court on Thursday the Union government cannot on its own initiate any proposal relating to legal tender.
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BJP Warns Legal Action Against Congress On Note-Exchange "Fake-Video"
The BJP on Wednesday said it will take legal action against the Congress for running a conspiracy-driven election campaign against it.
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Paradise Papers Leak On Hidden Wealth Has 714 Indian Names: 10 Points
Financial data leaked from two companies with tax havens across the world has revealed the hidden wealth of the rich and powerful, including from India. The data leak is from Bermuda's Appleby and Singapore's Asiaciti Trust, says the Indian Express newspaper, which has published the first of its investigative reports on the "Paradise Papers", the r...
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Bank Staff Not Paid For Notes Ban Overtime Threaten Legal Action
Bank employees who worked long hours during demonetisation say they have not been paid the money due to them for working overtime. Now a section of their unions has threatened to sue the banks and go on strike if they don't get the cash soon.
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'Notes Ban Will Hit Black Money': Nitish Kumar Stays Fan Amid Criticism
Bihar Chief Minister Nitish Kumar is still bullish on demonetisation as a winning strategy against black money, despite a central bank report saying that 99 per cent of all the cash voided by Prime Minister Narendra Modi last November is back in banks.
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Delhi Businessman Detained With Old Currency Worth Rs 4.23 Crore
A businessman in west Delhi has been detained with old currency worth Rs 4.23 crore, police said. The man was detained on Tuesday by the crime branch of Delhi police. He informed the police that two people, who claimed to be working with the Reserve Bank of India (RBI), had promised to convert his demonetised currency into legal money.
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Government To Find Black Money Hoarders Among 60 Lakh Who Made Deposits After Notes Ban
Armed with information about Rs 7 lakh crore deposits made by some 60 lakh individuals and companies, the government today warned of hauling up anyone unable to show legal means saying depositing black money in banks does not convert it into white.
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On Notes Ban, Supreme Court Says 5 Judges To Decide If It's Legally Valid
Five senior most judges will decide whether the notes ban is legal and whether it is a violation of fundamental rights, the Supreme Court said today.
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Blog: Notes Ban Has Violated Basic Constitutional Rights
Besides various procedural and substantive legal issues, basic human rights and the spirit of human liberty are at stake.
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Opinion: Who Will Trust The RBI Or Government Now?
We're 16 days into Narendra Modi's grand demonetisation experiment, and almost everyone is utterly confused about what is legal and what is not. The government has come out with dozens of clarifications, extensions, exemptions and changes to the initial rules.
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CPI(M) Considering Contempt Notice Against PM Modi
CPI(M) is seeking legal opinion on moving a contempt notice against Prime Minister Narendra Modi for announcing policy matters like demonetisation outside Parliament but not coming to the House to explain them.
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Rs 1.15 Crore In Banned Notes Seized From Man In Rajkot
Rs 1.15 crore in demonetised currency notes was seized from a man in Rajkot on Sunday who was to hand them over to two agents for exchanging those with legal tenders, police said.
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Ex-Minister Arun Shourie Rubbishes Notes Ban Remarks Attributed To Him
Former Union Minister Arun Shourie today termed as "absolutely false" the remarks attributed to him criticising demonetisation and said he would serve a legal notice to Twitter.
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Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
-
Are Rs 1,000 Notes Coming Back? RBI Governor's Reply
The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative".
-
"Demonetisation Deeply Flawed, Outrageous": P Chidambaram To Supreme Court
Calling the demonetisation of Rs 500 and Rs 1000 currency notes "deeply flawed", senior lawyer P Chidambaram told the Supreme Court on Thursday the Union government cannot on its own initiate any proposal relating to legal tender.
-
BJP Warns Legal Action Against Congress On Note-Exchange "Fake-Video"
The BJP on Wednesday said it will take legal action against the Congress for running a conspiracy-driven election campaign against it.
-
Paradise Papers Leak On Hidden Wealth Has 714 Indian Names: 10 Points
Financial data leaked from two companies with tax havens across the world has revealed the hidden wealth of the rich and powerful, including from India. The data leak is from Bermuda's Appleby and Singapore's Asiaciti Trust, says the Indian Express newspaper, which has published the first of its investigative reports on the "Paradise Papers", the r...
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Bank Staff Not Paid For Notes Ban Overtime Threaten Legal Action
Bank employees who worked long hours during demonetisation say they have not been paid the money due to them for working overtime. Now a section of their unions has threatened to sue the banks and go on strike if they don't get the cash soon.
-
'Notes Ban Will Hit Black Money': Nitish Kumar Stays Fan Amid Criticism
Bihar Chief Minister Nitish Kumar is still bullish on demonetisation as a winning strategy against black money, despite a central bank report saying that 99 per cent of all the cash voided by Prime Minister Narendra Modi last November is back in banks.
-
Delhi Businessman Detained With Old Currency Worth Rs 4.23 Crore
A businessman in west Delhi has been detained with old currency worth Rs 4.23 crore, police said. The man was detained on Tuesday by the crime branch of Delhi police. He informed the police that two people, who claimed to be working with the Reserve Bank of India (RBI), had promised to convert his demonetised currency into legal money.
-
Government To Find Black Money Hoarders Among 60 Lakh Who Made Deposits After Notes Ban
Armed with information about Rs 7 lakh crore deposits made by some 60 lakh individuals and companies, the government today warned of hauling up anyone unable to show legal means saying depositing black money in banks does not convert it into white.
-
On Notes Ban, Supreme Court Says 5 Judges To Decide If It's Legally Valid
Five senior most judges will decide whether the notes ban is legal and whether it is a violation of fundamental rights, the Supreme Court said today.
-
Blog: Notes Ban Has Violated Basic Constitutional Rights
Besides various procedural and substantive legal issues, basic human rights and the spirit of human liberty are at stake.
-
Opinion: Who Will Trust The RBI Or Government Now?
We're 16 days into Narendra Modi's grand demonetisation experiment, and almost everyone is utterly confused about what is legal and what is not. The government has come out with dozens of clarifications, extensions, exemptions and changes to the initial rules.
-
CPI(M) Considering Contempt Notice Against PM Modi
CPI(M) is seeking legal opinion on moving a contempt notice against Prime Minister Narendra Modi for announcing policy matters like demonetisation outside Parliament but not coming to the House to explain them.
-
Rs 1.15 Crore In Banned Notes Seized From Man In Rajkot
Rs 1.15 crore in demonetised currency notes was seized from a man in Rajkot on Sunday who was to hand them over to two agents for exchanging those with legal tenders, police said.
-
Ex-Minister Arun Shourie Rubbishes Notes Ban Remarks Attributed To Him
Former Union Minister Arun Shourie today termed as "absolutely false" the remarks attributed to him criticising demonetisation and said he would serve a legal notice to Twitter.
