Demonitisation
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Sasikala Paid Rs 450 Crore In Old Notes To Buy Sugar Factory During Demonetisation: CBI
CBI had registered the case on the Madras High Court's directions against PSL for allegedly causing a loss of Rs 120 crore to the Indian Overseas Bank
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Tax Department Not To Hound Small Depositors: Arun Jaitley
Assuring people that taxman will not hound those making small deposits in scrapped Rs 500/1,000 currency, Finance Minister Arun Jaitley advised them not to throng banks as there is enough time to exchange the junked notes.
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Mobile Payment Transaction Volume To Reach 153 Billion By FY22: Assocham
The mobile payment transaction volume is likely to register a compounded growth rate of over 90 per cent to reach 153 billion by FY22, driven by demonetisation of Rs 500 and Rs 1,000 notes.
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Don't Panic, Your Hard Earned Money Safe: Government Assures People
Finance Ministry said there is no need to panic and depositing junked Rs 500/1,000 notes of up to Rs 2.50 lakh in bank accounts will not be reported to the tax department.
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Don't Panic, Your Hard Earned Money Safe: Government Assures People
Finance Ministry said there is no need to panic and depositing junked Rs 500/1,000 notes of up to Rs 2.50 lakh in bank accounts will not be reported to the tax department.
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Banks To Report Deposits Over Rs 2.5 Lakh In 50-Day Window
Moving quickly to plug loopholes, the Income Tax Department has asked banks to report all cash deposits exceeding Rs 2.5 lakh during the 50-day window provided to tender the now-defunct 500 and 1000 rupee notes.
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Bullion Traders Shut Shops For Second Day
Gold and jewellery establishments remained shut for the second day in the national capital after the Income Tax Department carried out surveys following reports of alleged profiteering and tax evasion by traders and other operators in reported conversion of demonetised notes.
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Arun Jaitley Regrets Inconvenience, Urges Patience In Changing Notes
Finance Minister Arun Jaitley today regretted hardships caused due to withdrawal of high denomination notes but advised the public to be patient as the move will have larger benefits for the economy in long term.
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Earnings, Economic Data, Global Cues To Set Market Trend: Experts
Market participants are digesting the fallout of the government's move to demonetise high-value notes. Stock markets will remain closed on Monday on account of Guru Nanak Jayanti.
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No Need To Be Anxious, Enough Cash Available: RBI
There was little respite for cash-starved people queuing up outside banks and ATMs on Sunday, with branches witnessing unprecedented rush since early morning.
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To Ease Payment Of Wages, Current Account Withdrawal Limit Hiked
The government has announced new measures to ease the cash crunch faced by people after its decision last week to abolish large denomination notes to try and uncover crores of rupees in undeclared wealth.
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SBI's 'Demonetisation Deposits' Swell To Rs 75,945 Crore
SBI has seen Rs 75,945 crore in deposits since the demonetisation of high-denomination currency notes on November 8, said a senior official.
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SBI's 'Demonetisation Deposits' Swell To Rs 75,945 Crore
SBI has seen Rs 75,945 crore in deposits since the demonetisation of high-denomination currency notes on November 8, said a senior official.
-
Rs 500, 1,000 Notes Valid For Key Utility Payments Till November 24
With banks struggling to cope with rush to get alternative currency, the government has extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till November 24.
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Liquidity To Stay, Rates May Fall Further: SBI
Additional liquidity that is coming into the banking system following demonetisation will not go away in a "hurry" and may pull down interest rates further, the country's largest lender SBI said.
-
Sasikala Paid Rs 450 Crore In Old Notes To Buy Sugar Factory During Demonetisation: CBI
CBI had registered the case on the Madras High Court's directions against PSL for allegedly causing a loss of Rs 120 crore to the Indian Overseas Bank
-
Tax Department Not To Hound Small Depositors: Arun Jaitley
Assuring people that taxman will not hound those making small deposits in scrapped Rs 500/1,000 currency, Finance Minister Arun Jaitley advised them not to throng banks as there is enough time to exchange the junked notes.
-
Mobile Payment Transaction Volume To Reach 153 Billion By FY22: Assocham
The mobile payment transaction volume is likely to register a compounded growth rate of over 90 per cent to reach 153 billion by FY22, driven by demonetisation of Rs 500 and Rs 1,000 notes.
-
Don't Panic, Your Hard Earned Money Safe: Government Assures People
Finance Ministry said there is no need to panic and depositing junked Rs 500/1,000 notes of up to Rs 2.50 lakh in bank accounts will not be reported to the tax department.
-
Don't Panic, Your Hard Earned Money Safe: Government Assures People
Finance Ministry said there is no need to panic and depositing junked Rs 500/1,000 notes of up to Rs 2.50 lakh in bank accounts will not be reported to the tax department.
-
Banks To Report Deposits Over Rs 2.5 Lakh In 50-Day Window
Moving quickly to plug loopholes, the Income Tax Department has asked banks to report all cash deposits exceeding Rs 2.5 lakh during the 50-day window provided to tender the now-defunct 500 and 1000 rupee notes.
-
Bullion Traders Shut Shops For Second Day
Gold and jewellery establishments remained shut for the second day in the national capital after the Income Tax Department carried out surveys following reports of alleged profiteering and tax evasion by traders and other operators in reported conversion of demonetised notes.
-
Arun Jaitley Regrets Inconvenience, Urges Patience In Changing Notes
Finance Minister Arun Jaitley today regretted hardships caused due to withdrawal of high denomination notes but advised the public to be patient as the move will have larger benefits for the economy in long term.
-
Earnings, Economic Data, Global Cues To Set Market Trend: Experts
Market participants are digesting the fallout of the government's move to demonetise high-value notes. Stock markets will remain closed on Monday on account of Guru Nanak Jayanti.
-
No Need To Be Anxious, Enough Cash Available: RBI
There was little respite for cash-starved people queuing up outside banks and ATMs on Sunday, with branches witnessing unprecedented rush since early morning.
-
To Ease Payment Of Wages, Current Account Withdrawal Limit Hiked
The government has announced new measures to ease the cash crunch faced by people after its decision last week to abolish large denomination notes to try and uncover crores of rupees in undeclared wealth.
-
SBI's 'Demonetisation Deposits' Swell To Rs 75,945 Crore
SBI has seen Rs 75,945 crore in deposits since the demonetisation of high-denomination currency notes on November 8, said a senior official.
-
SBI's 'Demonetisation Deposits' Swell To Rs 75,945 Crore
SBI has seen Rs 75,945 crore in deposits since the demonetisation of high-denomination currency notes on November 8, said a senior official.
-
Rs 500, 1,000 Notes Valid For Key Utility Payments Till November 24
With banks struggling to cope with rush to get alternative currency, the government has extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till November 24.
-
Liquidity To Stay, Rates May Fall Further: SBI
Additional liquidity that is coming into the banking system following demonetisation will not go away in a "hurry" and may pull down interest rates further, the country's largest lender SBI said.
