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604 tonnes of currency notes transported across country by IAF after demonetisation

The Indian Air Force transported a total of 604 tonnes of currency notes across the country post government’s decision to demonetise high-denomination notes in 2016.

Mar 28, 2017 19:13 PM

Man deposits Rs 246 crore in bank, pays 46% tax under PMGKY

In one of the biggest deposits yet under the Pradhan Mantri Garib Kalyan Yojana scheme, a man hailing from Tiruchengode in Tamil Nadu has deposited an undisclosed income of Rs 246...

Mar 28, 2017 08:47 AM

RBI denies reports of introducing new denomination notes as of now

RBI at present has no idea of intoducing new denomination currencies, a top official of the central bank said in Kumbkonam, a place in Tamil Nadu on Sunday.

Mar 27, 2017 08:06 AM

CAG plans to audit impact of demonetisation, effect on govt's tax revenues

The Comptroller and Auditor General of India (CAG) plans to audit the impact of demonetisation and the effect it has had on the government’s tax revenues, said CAG Shashi Kant...

Mar 26, 2017 19:53 PM

PM Modi in Mann Ki Baat: Take fight against black money, support digital payments

In his monthly ‘Mann ki Baat’ programme, he also spoke of building a ‘New India’, which he said can be achieved when 125 crore Indians take a pledge and unitedly work...

Mar 26, 2017 18:08 PM

Delhi: I-T dept unearths undisclosed income of Rs 45,622 Cr in various searches in last 3 years

Income Tax department unearthed undisclosed income of Rs 45,622 crore at various searches on nearly 2,534 groups of persons in the last three financial years

Mar 24, 2017 17:02 PM

Why no category for those who couldn’t deposit demonetised notes by Dec 30: Supreme Court pulls up Modi govt

The Supreme Court on Tuesday asked the Centre why it chose not to create a separate category for those who couldn’t deposit demonetised notes by December 30, 2016 unlike the NRIs...

Mar 21, 2017 23:23 PM

Demonetisation: Enforcement Directorate attaches assets Rs 14.69 crore assets of Pune firm

ED had registered a criminal case against the firm, its executives and others based on a CBI FIR which was filed after an Income Tax department report had alleged that the accused...

Mar 21, 2017 18:18 PM

Demonetisation to affect NBFC collections in short term: Moody's Investors Service

"NBFCs in India will demonstrate broadly stable asset quality, but delinquencies will likely rise over the next 1-2quarters, as demonetisation adversely affects collections across...

Mar 21, 2017 15:19 PM

Demonetisation has got huge support, says Govt citing state poll results

Buoyed by the recent poll victories, the government on Monday asserted that demonetisation had got a huge public support as it has dealt a heavy blow to the shadow economy which...

Mar 20, 2017 21:36 PM