Rs 500 And Rs 1000 Note Ban
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Banned Currency Notes With Face Value Rs 47 Lakh Seized In Madhya Pradesh
Gwalior police caught a man with Rs 47 lakhs of banned currency notes of Rs 500 and Rs 1,000 in the district, a police official said on Monday.
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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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99.3 Per Cent Of Demonetised Notes Returned To Banks: RBI
As much as 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, the RBI said today, indicating that just a miniscule percentage of currency was left out of the system after the government's unprecedented note ban aimed at curbing black money and corruption.
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Demonetisation Anniversary: I Bow To People Of India, Says PM Narendra Modi, Opposition Calls It 'Black Day'
As the government today celebrates one year of demonetisation as 'anti-black money day', the opposition is leaving no stone unturned to keep the pressure on the government and the ruling coalition on the issue. Opposition parties including Congress are calling it 'Black Day'.
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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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After NDTV Report, Cooperative Banks, Post Offices Can Deposit Banned Notes For A Month With RBI
Cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14, the statement said.
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3 Union Bank Employees Booked By CBI For Alleged Black Money Conversion
Three employees of Union Bank of India, Kanpur have been booked by the CBI for alleged cheating in the conversion of demonetised currency notes to the tune of over Rs 1 crore to "conceal blackmoney" of some people. The agency has registered a case of criminal conspiracy, cheating and corruption against these official for exchanging demonetised note...
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Centre Notifies Law To Make Possession Of Banned Notes Punishable
The government has notified the law that makes holding of more than 10 scrapped notes punishable with a minimum fine of Rs 10,000.
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No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das
The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.
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Mamata Banerjee Announces Fund For 'Victims' Of Notes Ban
Demonetisation has burnt a Rs 350 crore-hole in West Bengal Chief Minister Mamata Banerjee's state budget. That money will be given to "victims", as it were, of the centre's move last November to abruptly scrap Rs 500 and 1,000 rupee notes: migrant workers who lost jobs in other states and had to return home and farmers and sharecroppers hit by the...
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No Information About Communication To BJP To Declare Bank Statements: Prime Minister's Office
Prime Minister's Office (PMO) has said it has no information about any communication sent to BJP MPs, ministers and MLAs asking them to declare their bank transactions between November 8, the day Rs 1000 and Rs 500 notes were demonetised and December 31, 2016.
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Possession Of Scrapped Notes To Be Punishable: Lok Sabha
Holding of more than 10 scrapped notes of Rs 500/1000 denomination will be punishable with a minimum fine of Rs 10,000, according to a new bill introduced in the Lok Sabha today with an aim of eliminating the "possibility of running a parallel economy" using these.
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Do Explain: 13 Lakh People Get SMSes, Emails For Deposits After Notes Ban
Emails and text messages have been sent today to the majority of 18 lakh people identified for making suspicious and large cash deposits after Prime Minister Narendra Modi's sudden abolition of high-value notes.
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Operation Clean Money: Software To Trawl Large Deposits After Notes Ban
Big deposits of Rs 500 and Rs 1000 notes in the days after Prime Minister Narendra Modi's currency ban are coming under the scanner with the use of a new government software. Swacch Dhan is inspired by Swaach Bharat -- if one was about Clean India, the other is about Clean Money, a reflection of the government's anti-corruption drive. The November ...
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RBI's Autonomy Compromised? Urjit Patel To Answer MPs Today
Urjit Patel, the chief of the Reserve Bank of India, will meet today with a parliamentary committee to answer questions on the central bank's role in clearing and executing the abrupt November decision to ban 500- and 1,000-rupee notes.
-
Banned Currency Notes With Face Value Rs 47 Lakh Seized In Madhya Pradesh
Gwalior police caught a man with Rs 47 lakhs of banned currency notes of Rs 500 and Rs 1,000 in the district, a police official said on Monday.
-
"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.
-
99.3 Per Cent Of Demonetised Notes Returned To Banks: RBI
As much as 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, the RBI said today, indicating that just a miniscule percentage of currency was left out of the system after the government's unprecedented note ban aimed at curbing black money and corruption.
-
Demonetisation Anniversary: I Bow To People Of India, Says PM Narendra Modi, Opposition Calls It 'Black Day'
As the government today celebrates one year of demonetisation as 'anti-black money day', the opposition is leaving no stone unturned to keep the pressure on the government and the ruling coalition on the issue. Opposition parties including Congress are calling it 'Black Day'.
-
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.
-
After NDTV Report, Cooperative Banks, Post Offices Can Deposit Banned Notes For A Month With RBI
Cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14, the statement said.
-
3 Union Bank Employees Booked By CBI For Alleged Black Money Conversion
Three employees of Union Bank of India, Kanpur have been booked by the CBI for alleged cheating in the conversion of demonetised currency notes to the tune of over Rs 1 crore to "conceal blackmoney" of some people. The agency has registered a case of criminal conspiracy, cheating and corruption against these official for exchanging demonetised note...
-
Centre Notifies Law To Make Possession Of Banned Notes Punishable
The government has notified the law that makes holding of more than 10 scrapped notes punishable with a minimum fine of Rs 10,000.
-
No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das
The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.
-
Mamata Banerjee Announces Fund For 'Victims' Of Notes Ban
Demonetisation has burnt a Rs 350 crore-hole in West Bengal Chief Minister Mamata Banerjee's state budget. That money will be given to "victims", as it were, of the centre's move last November to abruptly scrap Rs 500 and 1,000 rupee notes: migrant workers who lost jobs in other states and had to return home and farmers and sharecroppers hit by the...
-
No Information About Communication To BJP To Declare Bank Statements: Prime Minister's Office
Prime Minister's Office (PMO) has said it has no information about any communication sent to BJP MPs, ministers and MLAs asking them to declare their bank transactions between November 8, the day Rs 1000 and Rs 500 notes were demonetised and December 31, 2016.
-
Possession Of Scrapped Notes To Be Punishable: Lok Sabha
Holding of more than 10 scrapped notes of Rs 500/1000 denomination will be punishable with a minimum fine of Rs 10,000, according to a new bill introduced in the Lok Sabha today with an aim of eliminating the "possibility of running a parallel economy" using these.
-
Do Explain: 13 Lakh People Get SMSes, Emails For Deposits After Notes Ban
Emails and text messages have been sent today to the majority of 18 lakh people identified for making suspicious and large cash deposits after Prime Minister Narendra Modi's sudden abolition of high-value notes.
-
Operation Clean Money: Software To Trawl Large Deposits After Notes Ban
Big deposits of Rs 500 and Rs 1000 notes in the days after Prime Minister Narendra Modi's currency ban are coming under the scanner with the use of a new government software. Swacch Dhan is inspired by Swaach Bharat -- if one was about Clean India, the other is about Clean Money, a reflection of the government's anti-corruption drive. The November ...
-
RBI's Autonomy Compromised? Urjit Patel To Answer MPs Today
Urjit Patel, the chief of the Reserve Bank of India, will meet today with a parliamentary committee to answer questions on the central bank's role in clearing and executing the abrupt November decision to ban 500- and 1,000-rupee notes.
